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

 
Thursday, April 3, 2008
   


Ariba

EBSCO Industries, Inc.

University of San Diego School of Business Administration

Karrass

In This Issue ...
  • March Non-Manufacturing ISM Report On Business®: NMI at 49.6%.  Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing.  Read more.
  • Last Day to Register for the C.P.M. Exam.  Read more.
  • Join Us for This Month's Satellite Seminar on Sustainability.  Read more.
  • Are You Protecting Yourself and Your Organization?  Read more.
  • Hospitality Supply Management Forum Spring Conference  Read more.
  • Term of the Day.  Read more.
  • Contact Us.  Read more.


March Non-Manufacturing ISM Report On Business®: NMI at 49.6%

Economic activity in the non-manufacturing sector contracted in March, 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 0.3 percentage point to 49.6 percent, indicating contraction for the third consecutive month within the non-manufacturing sector for March 2008. Non-manufacturing business activity increased for the second consecutive month. The New Orders Index increased 0.6 percentage point to 50.2 percent, and the Employment Index contracted for the third consecutive month, remaining at 46.9 percent. The Prices Index increased to 70.8 percent in March, indicating a faster rate in price increases than in February. According to the NMI, 11 non-manufacturing industries reported growth in March. Members' comments in March are mixed and reflect concern about rising fuel and energy costs and the impact they are having on commodity prices."

To read the entire release click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Growth of Manufacturing Output Slowed Further as New Orders Stagnated. Cost Inflation Rose Sharply to Second-Highest Rate in Survey History.

March data indicated that growth of global manufacturing production was the weakest since May 2003, as the volume of new orders was unchanged compared to levels one month ago. Cost inflationary pressures remained elevated, with the rate of increase in average purchase prices accelerating sharply to reach its second-highest in the survey history.

At 50.8 in March, down from 51.1 in February, the JPMorgan Global Manufacturing PMI remained at a level indicative of only minor improvement in overall operating conditions. PMIs for China and India both remained solidly above the 50.0 no-change mark. Although still signaling improvement, the Eurozone PMI lost further ground — posting a five-month low of 52.0 — as robust gains in Germany were partly offset by weakness in Ireland, Spain and Italy. The ISM PMI signaled a deterioration in the health of the US manufacturing economy for the second month running, the first time back-to-back readings below 50.0 have been recorded since mid-2003 and the onset of the Iraq war. The Japan PMI fell back below the 50.0 mark for the first time since last October.

For the complete JPMorgan release click here.

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Last Day to Register for the C.P.M. Exam

If you are working towards your Certified Purchasing Manager (C.P.M.) designation, you want to keep in mind that December 31, 2008 is the last day that you can register for the C.P.M. exam module(s).

Your exam registration is valid for one year from the day ISM processes your registration or until December 31, 2009, whichever comes first.

For more information click here.

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Join Us for This Month's Satellite Seminar on Sustainability

The topic of "sustainability" has leapt into corporate boardrooms, raising questions of the company's social responsibility and environmental practice, policies and decision-making. Questions find their way to supply management and challenge us to explore how our companies and our suppliers are dealing with sustainability. In ISM's next satellite seminar, "Supply Management's Role in Sustainability," a panel of supply management professionals will discuss what "sustainability" means to supply managers, including how this concept is being embedded in contract language, supplier audits, regulations, reporting requirements and compliance.

This 4-1/2 hour program airs at 10:00 a.m. Eastern on April 17. Organizations with C-Band satellite downlink capability are welcome to tune in. You can obtain the satellite coordinates for this program by e-mailing satsems@ism.ws.

If you are unable to downlink the live broadcast, visit the Products area of the ISM Web site for details on how you can order a DVD set of this program. The deadline to order this product is May 16, 2008.

Additional details regarding this satellite seminar are posted on the ISM Web site 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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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: ENVIRONMENTAL PROTECTION AGENCY.

Definition: U.S. government agency established in 1970 to develop and enforce standards and methods to protect the environment.

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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