--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---

 
Thursday, July 5, 2007
   


Ariba

QP Group

Karrass

Institute for Supply Management

In This Issue ...
  • June Non-Manufacturing ISM Report On Business®: Business Activity at 60.7%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • How Will the Upcoming CPSM Qualification Affect the C.P.M. Program?  Read more.
  • Is Your Organization a Potential Winner? ISM R. Gene Richter Awards Application Process Opens July 2, 2007.  Read more.
  • Key Supply Strategies for Tomorrow.  Read more.
  • Inaugural ISM Hispanic Executive Supply Management Summit.  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


June Non-Manufacturing ISM Report On Business®: Business Activity at 60.7%

Business activity in the non-manufacturing sector increased at a faster rate in June 2007, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee; and senior vice president — supply management for Hilton Hotels Corporation. "Non-manufacturing business activity increased for the 51st consecutive month in June," Nieves said. He added, "Business Activity and Employment increased at a faster rate in June than in May. The Business Activity Index registered 60.7 percent, the highest since April 2006 when it registered 61.1 percent. The New Orders index decreased to 56.9 percent, and the Prices Index decreased to 65.5 percent in June, both indicating growth at a slower rate than in May. Fourteen non-manufacturing industries reported increased activity in June. Members' comments in June are mostly positive about business conditions. The overall indication in June is continued economic growth in the non-manufacturing sector at a faster pace than in May."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Growth of Manufacturing Production and New Orders Gained Traction in June. Cost Inflationary Pressures Continued to Build.

The global manufacturing sector ended the first half of 2007 on a positive footing. Following the anticipated US-led slowdown in growth during the opening quarter, June PMI data indicated that rates of expansion for production and new orders had recovered to reach fourteen and eleven-month highs respectively.

At 54.4 in June, the JPMorgan Global Manufacturing PMI remained above the neutral 50.0 mark that separates an improvement in operating conditions from a deterioration for the forty-eighth successive month. Moreover, the PMI currently stands at its highest level since last September.

For the complete JPMorgan release click here.

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How Will the Upcoming CPSM Qualification Affect the C.P.M. Program?

The C.P.M. program is changing. ISM will no longer issue Original (or New) C.P.M. designations beginning in 2014.

However, the last day to register for the C.P.M. Exam is December 31, 2008. Candidates have one year to take whichever modules they register for. If candidates do not register for the C.P.M. Exam before December 31, 2008, they will never be able to obtain an Original C.P.M.

The last day to apply for the C.P.M. Designation is December 31, 2013. Applications need to be complete with Module 1, 2, 3, and 4 exam scores, work experience documentation, and payment.

The last day to register for the C.P.M./CPSM Bridge Exam is December 31, 2013. Candidates have one year to take the Bridge Exam.

This change to the C.P.M. program emerges out of a recommendation from ISM's Certification Committee and is supported by findings of the research study conducted with Knapp & Associates International Inc. Foremost among the study's conclusions is that pronounced changes in the field demand a new professional qualification that reflects higher skill levels across the entire spectrum of supply management. ISM's new professional qualification is the Certified Professional in Supply Management (CPSM).

For more frequently asked questions regarding the CPSM and C.P.M. programs click here.

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Is Your Organization a Potential Winner? ISM R. Gene Richter Awards Application Process Opens July 2, 2007

Institute for Supply Management™ (ISM) announces the call for entries for the third annual ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management. These prestigious awards are open to supply management departments of all sizes and geographic locations, both domestic and international. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact.

ISM will accept entries through an online submission process from July 2 to September 28, 2007. Multiple entries are welcome in four award categories, including process, organization/structure, people and technology. Winners will be notified in January 2008, and award recipients will be publicly announced and honored in May 2008 at an awards dinner at ISM's 93rd Annual International Supply Management Conference and Educational Exhibit in St. Louis, MO.

Questions regarding the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management can be directed to Scott Sturzl, C.P.M., at 800/888-6276, extension 3105 (or, for callers outside the United States, 480/752-7890, extension 3105), or by e-mail at richterawards@ism.ws.

For information on entry categories, applying for the 2008 awards or to download the 2007 Richter Award Winners Brochure click here.

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Key Supply Strategies for Tomorrow

While focusing on today's business is necessary, peering into the future is an important and fruitful exercise for supply management. To explore the future of supply management CAPS Research, the Institute for Supply Management™ and A.T. Kearney joined forces to update and expand our research into the future trends for supply management.

Visit the CAPS Research Web site to read the whitepaper on the Key Supply Strategies for Tomorrow — click here.

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Inaugural ISM Hispanic Executive Supply Management Summit

Leading Your Supply Organization
August 23-24, 2007
Marriott Scottsdale McDowell Mountain
Scottsdale, AZ

Be part of this exciting program as the Institute for Supply Management™ (ISM) presents the inaugural Hispanic Executive Supply Management Summit. Our goal is to provide a stimulating program that offers innovation and information to help you lead your supply organization. The added bonus of this summit is that we encourage active networking and we've built time in the schedule for this purpose. Make room for this program on your calendar and be sure to invite your supply management colleagues.

For more information or to register click here.

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Term of the Day

Today's ISM Term of the Day is: POINT OF ORIGIN.

Definition: The location where a transportation organization receives a shipment from the shipper.

A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day -- 7 days a week. The Term of the Day is currently taken from the ISM Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary which includes terms from the private, public, and various industry sectors, and from a wide variety of sources. The Glossary can be browsed alphabetically, or searched by keyword.

To access the online Glossary click here.

If you are not a member but would like membership information click here.

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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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