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

 
Wednesday, March 5, 2008
   


Ariba

University of San Diego School of Business Administration

Karrass

93rd Annual International Supply Management Conference

In This Issue ...
  • February Non-Manufacturing ISM Report On Business®: NMI at 49.3%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Are You Protecting Yourself and Your Organization?  Read more.
  • ISM Renews Social Responsibility Call to Action.  Read more.
  • The 19th Annual North American Research and Teaching Symposium on Purchasing and Supply Chain Management.  Read more.
  • Hospitality Supply Management Forum Spring Conference  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


February Non-Manufacturing ISM Report On Business®: NMI at 49.3%

Economic activity in the non-manufacturing sector contracted in February, 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. "The NMI (Non-Manufacturing Index) increased 4.7 percentage points to 49.3 percent, indicating contraction for the second consecutive month within the non-manufacturing sector for February 2008. Non-manufacturing business activity increased after one month of contraction. The New Orders Index and the Employment Index both contracted for the second consecutive month. The New Orders Index increased 6.1 percentage points to 49.6 percent. The Employment Index increased 3 percentage points to 46.9 percent. The Prices Index decreased to 67.9 percent in February, indicating a slight slowing in price increases for February. According to the NMI, eight non-manufacturing industries reported growth in February. Members' comments in February are mixed and remain cautious about business conditions."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Expansion of Global Manufacturing Sector Lost Noticeable Momentum in February. Weakest Growth of Output and New Orders in Over Four-and-a-Half Years.

After recovering slightly in January, rates of expansion of global manufacturing production and new orders slipped back to their lowest for over four-and-a-half years in February. Measured overall, conditions in the sector remained subdued. The JPMorgan Global Manufacturing PMI* posted 51.1. This was its lowest reading since July 2003 — the first month of its current sequence above the 50.0 no-change mark.

The ISM US PMI fell to a sub-50.0 level for the second time in the past three months in February. PMIs for the Eurozone, Japan and China all pointed to improvements in operating conditions, but their respective levels were lower than one month ago. The main factor leading the Eurozone PMI lower was a sharp decline in the health of the Spanish manufacturing sector, where conditions deteriorated to the greatest extent since December 2001.

For the complete JPMorgan release click here.

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Are You Protecting Yourself and Your Organization?

Get your copy of the recently updated Legal Aspects of Supply Management (3rd Edition, formerly Purchasing and the Law) self-study workbook. Explore the legal aspects of contract law that every supply professional needs to know about the legal system in the United States. At your own pace, review practical examples of day-to-day business transactions. Self-study workbooks are a convenient and cost saving way to improve your knowledge base.

Earn 14 Continuing Education Hours (CEHs).

Order your copy of Legal Aspects of Supply Management [Item #PLW] online click here.

Call ISM Customer Service at 800/888-6276 (480/752-6276), extension 401, for more information or to order by phone.

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ISM Renews Social Responsibility Call to Action

Business case can help supply professionals build compelling programs at work.

Supply management professionals have a new tool to help them gain executive support and internal consensus for social responsibility programs. The first and largest supply management institute in the world — Institute for Supply Management™ (ISM) — has added a new resource to its Social Responsibility Web site. The downloadable document is titled, A Call to Action: Developing a Social Responsibility Business Case.

Members of ISM's Committee on Sustainability and Social Responsibility developed the business case template to support planning efforts of supply professionals who seek to develop or enhance programs within their organizations. The document covers descriptions, reasons for change, key steps to implementation as well as potential costs, benefits and risks inherent to implementing social responsibility programs.

For more information or to download A Call to Action click here.

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The 19th Annual North American Research and Teaching Symposium on Purchasing and Supply Chain Management

March 27-29, 2008
Embassy Suites Phoenix-Tempe
Tempe, Arizona

Join us to learn about new research that addresses dynamic topics in supply management and instruction.

This innovative program features an inventive mix of presenters, from business and academia, creating opportunities to explore the application of theoretical research to create business solutions. Symposium highlights include the presentation of research papers which focus on current and ongoing research, emerging trends, research methodologies and business research needs. Selected through a rigorous review process which looks at both an organizational and academic view, this year's event covers the best new ideas and best practices in:

  • Strategic Sourcing
  • Global Issues
  • Journal Editors Panel
  • Educational Programs and Models
  • Human Resources
  • Social Responsibility
  • Supply Chain / Management
  • Supply Chain Models
  • Outsourcing and Supplier Issues

Don't miss this unique opportunity to network with your colleagues within an atmosphere of constructive discussion and insightful exchange. And, earn 12.5 Continuing Education Hours (CEHs) for your attendance.

Pilot testing for the Certified Professional in Supply Management (CPSM) is offered during the symposium on Saturday, March 29, 2008. Register for exams with your symposium registration.

Program Fee: $295 USD — CPSM Pilot Exams: $50 USD

Sponsored by the Institute for Supply Management™ (ISM), Educational Resources Committee, CAPS Research, and the Purchasing Management Association of Canada (PMAC).

Register Now! — Click here.

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Hospitality Supply Management Forum Spring Conference

May 14-16, 2008
Hilton Chicago Hotel
Downtown Chicago, IL

ISM's HMS Forum delivers a wide array of educational sessions—everything from selecting safe food suppliers and recall procedures to leadership and sustainable best practices. Take this opportunity to find out what's new and what's on the horizon. This is a chance to ensure you have a fresh, safe, efficient supply chain that delivers quality at the right price. Learn many of the attributes of successful supply chain managers, leadership, best practices and innovation, food safety and recall issues. Plus, green & sustainability issues and supplier diversity.

Join us this Spring — in Downtown Chicago!

Program highlights include:

  • Supply Economics: Trends From a Non-Manufacturing Perspective
    Anthony S Nieves, C.P.M., CFPM, A.P.P., Senior Vice President, Supply Management, Hilton Hotels Corp.
  • Food Recall Procedures and Related Outbreak Litigation
    Keith R. Schneider, Ph.D., Associate Professor, Food Science and Human Nutrition Department, University of Florida
    Denis W. Stearns, Principal, Marler Clark L.L.P., P.S.
  • Selecting a Safe Food Supplier
    Judi A. Lazaro, Director, Customer Relations, AIB International
  • Minority Supplier Development: Recipes for Successful Growth Partnerships
    Sheldon B. Ross, CEO, Hospitality Solutions Corporation
  • The Greening of Yellowstone National Park
    Jim Evanoff, Environmental Protection Specialist, Yellowstone National Park
  • What's Your Type? Building Leadership Effectiveness Through the Myers-Briggs Type Indicator (MBTI)
    Joe Frodsham, Vice President, Executive Solutions, Batrus Hollweg International
    Ashley Hollweg, Executive Consultant, Batrus Hollweg International
  • To Infinity and Beyond?—The Outlook for Commodity Input Costs in the Coming Year
    William G. Lapp, President, Advanced Economic Solutions

Plus, get powerful take-away tools and valuable networking opportunities. Earn 9.25 CEHs!

Testing for the CPSM, CPSM Bridge Exam, C.P.M. and CFPM will be offered Wednesday, May 14th. Register for exams with your conference registration. For CPSM Pilot Exam re-takes, please register directly through ISM Customer Service at 800/888-6276 or 480/752-6276, extension 401.

Join us this Spring — in Downtown Chicago!
Register Now! — Click here.

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Term of the Day

Today's ISM Term of the Day is: ON-THE-JOB TRAINING.

Definition: A technique of training employees in the work site while they engage in productive work.

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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