|In This Issue ...
|November Non-Manufacturing ISM Report On Business®: Business Activity at 54.1%
Business activity in the non-manufacturing sector increased at a slower rate in November than in October, 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 56th consecutive month in November," Nieves said. He added, "The Business Activity Index decreased 1.7 percentage points to 54.1 percent for the month of November. The New Orders Index decreased with the index registering 51.1 percent. The Employment Index decreased to 50.8 percent and the Prices Index increased to 76.5 percent in November. Ten non-manufacturing industries reported increased activity in November. Members' comments in November remain mixed and concerned about the economy. The overall indication in November is continued economic growth in the non-manufacturing sector but at a slower pace than in October."
To read the entire release click here.
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|Latest JPMorgan Global PMI: Global Report on Manufacturing
Conditions in the Global Manufacturing Sector Remained Subdued in November. Cost Inflation Up Picked Up Sharply to a Five-Month Peak.
The JPMorgan Global Manufacturing PMI posted 52.2 in November, a reading only slightly above October's low of 51.9. The PMI has now remained above the no-change mark of 50.0 in each of the past fifty-three months.
November data pointed to a further moderate increase in the level of global manufacturing production. Although rising from October's fifty-one month low of 52.5 to 53.3, the Global Manufacturing Output Index remained below its long-run trend level (54.4). Growth was again above global average in China, India and Brazil (comfortably so in the case of India and Brazil), despite these nations posting slower rates of increase than one month earlier. Although output in the US and Japan rose only marginally, this was an improvement on the contractions recorded for October. The Eurozone and the UK saw their respective rates of expansion improve, with the UK regaining most of the momentum lost one month ago.
For the complete JPMorgan release click here.
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|Get More Bang for Your Conference Buck
May 4-7, 2008
St. Louis, MO
The ISM 93rd Annual International Supply Management Conference is now open and available on the ISM Web Site for registrations.
Register by March 1, 2008 and get more bang for your Conference buck by receiving the Early Bird registration discount — a $170 savings!
This year's Conference Keynote Speakers include:
- Brigadier General Nick Halley
Speaker, Coach, Consultant and TV Analyst
U.S. Army, Retired
- Daniel Pink
Author of "A Whole New Mind"
- Barry B. Bannister, CFA
Managing Director, Equity Research
- Gerd Hofmann
Head of Strategic Purchasing
Hugo Boss AG
- Dominique Dawes
For more information about the 2008 ISM Annual Conference, or to register, click here.
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|Your Vote Counts!
Ballot Deadline is January 10, 2008
The 2008 Proxy for the Annual Meeting of Members of the Institute for Supply Management, Inc.™ (ISM) was mailed to members on November 30, 2007. ISM members are being asked to vote on the election of ISM Board members. The report of the vote and other business of the organization will be made at the Annual ISM Membership Meeting that will be held on Thursday, January 10, 2008, at 11:30 a.m. Mountain Standard Time at the headquarters of ISM at 2055 E. Centennial Circle, Tempe, Arizona.
For the explanation of ballot proposals and voting information click here.
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|2008 ISM Conference Career Center
Be a part of the 2008 ISM Conference Career Center and attract valuable talent to your organization.
As a part of the 93rd Annual International Supply Management Conference & Educational Exhibit in St. Louis, ISM is hosting its 4th Conference Career Center. The Career Center allows Conference attendees to explore career opportunities and helps companies attract top-notch talent. We anticipate that more than 2,500 supply management professionals will attend the 2008 Conference. More than 50 percent of attendees hold the title of manager or above, and more than 80 percent of attendees have a bachelor's or graduate-level degree.
Why should your company participate?
The ISM Annual International Conference is the largest gathering place of supply management professionals in the world. It is an excellent opportunity to interview, recruit and make an offer to leading professionals in a very specialized and demanding field.
Your participation includes:
- Posting your current job opening on the ISM Conference Career Center Web Site.
- Access to an exclusive résumé database before and after the Conference.
- Your company profile advertised in the April 2008 edition of the Program Guide & Navigator, which is distributed to all Conference attendees and 45,000 supply management professionals.* ($1,000 value).
- Usage of private interview booths.
- Complimentary lunch served daily for up to two recruiters.
- Opportunity to promote your organization through face-to-face interviews with attendees.
*To be included in the April 2008 edition of the Navigator, ISM must receive your company profile by February 29, 2008.
How does the ISM Conference Career Center work?
All ISM Conference attendees are invited to submit their résumés to the Conference Career Center database. Organizations participating in the Career Center have exclusive access to these résumés. By accessing the résumés before the Conference, you will be able to set up interviews with selected supply management professionals prior to the Conference or interview walk-in candidates.
Career Center Dates & Hours
Sunday, May 4, 2008, 1:00 p.m. - 5:00 p.m.
Monday, May 5, 2008, 8:00 a.m. - 5:00 p.m.
Tuesday, May 6, 2008, 8:00 a.m. - 5:00 p.m.
ISM offers two pricing options for the 2008 ISM Conference Career Center:
- Option 1: 3 Days (Sunday, Monday and Tuesday) — $2,899 USD
- Option 2: 1½ or 2 days (Sunday-Monday or Monday-Tuesday) — $1,800 USD
The Career Center is custom-designed for the Conference and is supported by ISM staff.
How do you become 2008 Conference Career Center employer?
Please contact Toni Caserta at 480-752-6276, extension 3095 or at firstname.lastname@example.org.
Don't settle for second-rate talent. Recruit the best at the 2008 Conference Career Center.
||The 2008 Conference Career Center is sponsored by Monsanto.
For more information about the 2008 Conference Career Center click here.
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|Term of the Day
Today's ISM Term of the Day is: Advance Shipping Notice (ASN).
Definition: A notification in EDI (Electronic Data Interchange) or XML (Extensible Markup Language) format sent ahead of a shipment listing its contents and shipping information. Often includes purchase order numbers, stockkeeping unit (SKU) numbers, lot numbers, quantity, pallet or container number, and carton number. Usually combined with bar coded compliance labeling for easy scanning, receipt into inventory and automated data collection. ASNs may be paper-based.
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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