|In This Issue ...
- This Month in Inside Supply Management® Magazine — Read more.
- 2010 Call for Presentations Closes July 31st! — Read more.
- July 23 Webinar: Spend Visibility's Role — Proving Savings to Finance — Read more.
- Apply Now for ISM R. Gene Richter Awards — Read more.
- Calendar of Events for August — Read more.
- Term of the Day — Read more.
- It's Easy to Subscribe to the Just in ETime Newsletter — Read more.
- Contact Us — Read more.
|This Month in Inside Supply Management® Magazine
Have you checked out the latest issue of Inside Supply Management magazine? The July 2009 issue is full of useful information, including the following articles:
To access the complete July 2009 issue of Inside Supply Management® magazine, click here.
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|2010 Call for Presentations Closes July 31st!
Make a Splash in 2010!
Ride the wave and submit a workshop proposal for ISM's 95th Annual ISM International Supply Management Conference and Educational Exhibit which takes place April 25-28, 2010, in San Diego, California.
Demonstrate to the supply management world that you have the knowledge, abilities and track record to contribute to the profession. Motivate your colleagues to reach new heights. Inspire newcomers to embrace the profession.
Papers may be submitted between July 1, 2009 and July 31, 2009.
ISM seeks presentations from all sectors — manufacturing, service, institutional, public — and from the perspective of small as well as large organizations.
For more information, click here.
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|July 23 Webinar: Spend Visibility's Role — Proving Savings to Finance
Date: Thursday, July 23, 2009
Time: 1 p.m. EDT / 10 a.m. PDT
Please Note: This no-cost, streaming-only Web seminar is 60 minutes long.
Since the onset of the current economic crisis, your business, like many others, has likely engaged in strategies to cut costs and increase productivity. As the center of any cost cutting initiative, procurement continues to play a significant role in driving these initiatives. An opportunity exists for procurement to demonstrate its results to finance and the executive office, continuing to validate its strategic value to the business during both down times and prosperity.
Leading procurement organizations have learned to effectively work with the finance department to drive approaches that impact the bottom line. During this Web seminar, attendees will learn practical strategies for:
- Using spend visibility to prove the savings numbers results of procurement initiatives
- Using spend analysis to monitor payment terms and optimize days payable outstanding
- Speak the language of finance versus the language of procurement
- Heighten the company's view of procurement as a strategic asset
- Donovan Favre
Teaching Assistant Professor
North Carolina State University
- Kirit Pandit
Vice President, Content Services
- Mitch Plaat
Vice President, Procurement (Chief Procurement Officer)
- Mickey North Rizza
- Terri Tracey, CAE
Inside Supply Management®
Register online now.
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|Apply Now for ISM R. Gene Richter Awards
For the past four years, Institute for Supply Management™ (ISM) has recognized innovative supply organizations that through strong leadership have dramatically increased their contribution to organizational success. ISM is now accepting entries for the fifth annual ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management. The award competition was created to honor the vast professional contributions of R. Gene Richter, who was a pioneer in the field of supply management.
The ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management are open to supply management departments of all sizes and geographic locations, both domestic and international. ISM is accepting entries through an online submission process from July 1 to September 18, 2009. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact. Multiple entries are welcomed in one or more of the following categories: Process, People, Organization/Structure, Technology and Sustainability.
The fifth category — Sustainability — is new for the 2010 competition. In its broadest sense, sustainability includes principles of social responsibility. Examples include: Supply management's role, both internally and externally across practices, products, services and business philosophies; developing measurements and results-reporting capabilities and action plans; implementing continuity contingency plans to manage natural disasters, terrorist actions, and the like.
For the 2010 awards, the project/initiative must either (1) have been completed and/or implemented or (2) have measurable outcomes within the date range of October 1, 2006 through September 30, 2009. An application fee of $1,000 per organization is required for 2010 award applications. Organizations that submit multiple applications will only be charged this fee once, regardless of the number of applications they submit.
Richter award recipients will be notified in January 2010 and will be honored at an awards dinner on Sunday, April 25, 2010 at the ISM Annual International Supply Management Conference and Educational Exhibit in San Diego, California. Winning organizations agree to present a Conference session describing their project. The 2010 award winners will join an esteemed group of previous winning organizations including: Alltel Wireless; BP p.l.c.; DaimlerChrysler; Fluor-Hanford; HP; Johnson & Johnson; KLA-Tencor; Lockheed Martin Aeronautics Company; Masco Corporation; Pfizer Inc; Rockwell Collins; Royal KPN Telecom; and the U.S. Postal Service.
Questions regarding the awards may be directed to Terri Tracey, CAE, at 800/888-6276, extension 3071 (or, for callers outside the United States, +1 480/752-6276, extension 3071), or by e-mail.
For full category descriptions and information on how to apply for the 2010 awards, click here.
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|Calendar of Events for August
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|Term of the Day
Today's ISM Term of the Day is: PARTS PER MILLION.
Definition: A measure of quantity that may be used in a quality specification, whereby defective parts must not exceed a specified number of parts per million parts supplied; a ratio of number of failures to number of parts supplied.
A different Term of the Day is posted on the ISM Home Page (www.ism.ws) each day — seven days a week. The Term of the Day is 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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|It's Easy to Subscribe to the Just in ETime Newsletter
The Just in ETime e-mail newsletter delivers ISM- and supply/procurement-related news and updates directly to subscribers' desktops every other week. You'll receive breaking news, such as the ISM Report On Business®, information on upcoming seminars and programs, changes to ISM's certification programs, as well as Web sites of interest to supply/procurement professionals.
It's easy to subscribe to the Just in ETime newsletter: all you need is your e-mail address. Best of all — there's no charge to become a subscriber!
To subscribe to Just in ETime, click here.
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