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

 
Monday, August 3, 2009
   


Crews Control Corporation

ISM-ADR School for Supply Management

ISM's 95th Annual International Supply Management Conference

ISM Career Center

In This Issue ...
  • July Manufacturing ISM Report On Business®: PMI at 48.9% — Read more.
  • Inside the Latest eSide Supply Management — Read more.
  • Mark Your Calendar for a Free August 19 ISM Webinar — Read more.
  • Senior Sourcing Manager Is 1,000th CPSM® — Read more.
  • Save the Date for the ISM Sustainability and Social Responsibility Conference — Read more.
  • Web Site of Interest — 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.


July Manufacturing ISM Report On Business®: PMI at 48.9%

Economic activity in the manufacturing sector failed to grow in July for the 18th consecutive month, while the overall economy grew for the third consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.

The report was issued today by Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The decline in manufacturing was slower in July when compared to June, as the more leading components of the PMI — the New Orders and Production Indexes — rose significantly above 50 percent, thus setting an expectation for future growth in the sector. The Employment and Inventories Indexes are still contracting, but the rate is slowing and they are moving in the right direction. It is also worth noting that the New Export Orders Index shows growth following nine consecutive months of decline, suggesting that the global economy is recovering. Overall, it would be difficult to convince many manufacturers that we are on the brink of recovery, but the data suggests that we will see growth in the third quarter if the trends continue."

To read the entire release, click here.

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Inside the Latest eSide Supply Management

Check out the July/August 2009 edition of eSide Supply Management, ISM's members-only bimonthly e-publication for up-and-coming supply management professionals, to read these articles:

To access past editions of eSide, click here.

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Mark Your Calendar for a Free August 19 ISM Webinar

What: Services Spend Management — Effectively Managing Indirect Services and Contingent Labor Across the Enterprise
Date: Wednesday, August 19, 2009
Time: 1 p.m. EDT / 10 a.m. PDT

Don't miss this no-cost, one-hour STREAMING ONLY Web event hosted by ISM and sponsored by Emptoris.

Representing more than 50 percent of an organization's annual spend, services spend management remains a complex challenge for many companies. For the most part, indirect spend tends to be decentralized, unmanaged and driven by purchasing decisions based on relationships rather than price. In today's economy, effective services spend management is critical to the bottom line and is top of mind for executives from finance to procurement to HR.

Please join us for a discussion around trends in the services procurement marketplace and the benefits of employing a services management solution. The webcast will feature Subs Tripathy, director of strategic sourcing at Novartis; Jason Busch of the spend management blog, "Spend Matters"; and Kevin Potts, vice president of marketing and product management for Emptoris.

During this session, you will learn:

  • How a services management solution delivers visibility and control over difficult-to-manage areas, including the complex contingent labor category.
  • Trends in services procurement and how to successfully manage the nuances of indirect spend categories.
  • Best practices to capture savings across a wide variety of services categories, such as contingent labor, IT services and maintenance.

Featured Speakers:

  • Subs Tripathy
    Director, Strategic Sourcing
    Novartis

  • Jason Busch
    Managing Director, Azul Partners & Editor
    spendmatters.com

  • Kevin Potts
    Vice President of Marketing and Product Management
    Emptoris

Moderator:

  • Terri Tracey, CAE
    Vice President, Technology and Publications
    Inside Supply Management®

This Web Seminar qualifies for one CEH credit at ISM. Register online, click here.

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Senior Sourcing Manager Is 1,000th CPSM®

Sandeep Dar, CPSM, C.P.M., A.P.P., a senior sourcing manager with Winn-Dixie Stores, Inc., is the 1,000th person to earn a Certified Professional in Supply Management® (CPSM®) from the Institute for Supply Management™ (ISM). He works at Winn-Dixie's corporate headquarters in Jacksonville, Florida.

Dar has worked at Winn-Dixie, Inc. for more than five years, and says that given the dynamic nature of his industry, the tools and knowledge reflected in the CPSM® have proved to be very valuable. "Winn-Dixie's Strategic Sourcing Group has embedded understanding market dynamics, stakeholder analysis, change management, long-term supply-chain and environmental impact of sourcing decisions, and other tools into our culture," he says. "By encouraging supply professionals to align department goals with corporate goals, the CPSM® takes purchasing away from being a tactical group and instead makes us a strategic, cross-functional, value-enhancing partner in the company." Dar adds that the inclusion of social responsibility makes this certification very relevant with the times.

In addition to covering a broader body of knowledge encompassing the entire supply management field, the CPSM® requires at least a bachelor's degree. Dar holds a bachelor's degree in higher mathematics from Vikram University in Ujjain, India and an MBA from Emory University in Atlanta.

ISM launched the CPSM® in May 2008. In a little more than one year, ISM has granted more than 1,000 CPSM®s to professionals in more than 15 countries. The content of the CPSM® Exam is based on the findings of a job analysis of the supply management professional position. The various topics covered are designed to reflect the knowledge areas needed to perform the important occupational duties of professionals employed in the field of supply management.

For additional information on the CPSM® program, to download an application or to sign up for CPSM® e-mail updates, click here.

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Save the Date for the ISM Sustainability and Social Responsibility Conference

Dates: November 5-6, 2009

Location: Adelphi, MD

Details are forthcoming. Sign up now to receive program information by e-mail, click here.

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Web Site of Interest

This month's Web Site of Interest is The Ethisphere Institute:

The research-based Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. It is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice and unique career opportunities. The Institute publishes a quarterly magazine, and its Web site offers news, blogs/commentary, company rankings, an event calendar and more.

To access The Ethisphere Institute, click here.

Please note: These external Internet addresses contain information created, published, maintained or otherwise posted by institutions or organizations independent of ISM. Links from these Web sites, or any other Web site(s) accessible from these Web sites, to any product, entity, service or information, do not constitute a recommendation by ISM. ISM is not responsible for the contents of any other Web site.

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Term of the Day

Today's ISM Term of the Day is: MINI-TRIAL.

Definition: Contract dispute resolution process in which each party, usually through its attorney, presents its legal arguments to senior management of the other party where such management has authority to settle the matter; an independent third party may be present and intervene if the parties cannot reach a settlement agreement.

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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Contact Us

Questions/Comments? Contact RaeAnn Slaybaugh.

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