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

 
Thursday, December 3, 2009
   


Ariba

ISM-ADR School for Supply Management

ISM's 95th Annual International Supply Management Conference

The ISM and NBTA Summit on Travel, Meetings & Supply Management

ISM's Hispanic Supply Management Summit

In This Issue ...
  • November Non-Manufacturing ISM Report On Business®: NMI at 48.7% — Read more.
  • Latest JPMorgan Global PMI: Global Report on Manufacturing — Read more.
  • No-Cost Webinar December 10: Cost Containment at The Container Store — A Lesson in Smarter Spending — Read more.
  • "Best Practices in Supply Management Professional Development" — Free Web Seminar January 13 — Read more.
  • The ISM and NBTA Summit on Travel, Meetings & Supply Management — Read more.
  • CPSM® Diagnostic Kit Helps Focus Your Study — 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.


November Non-Manufacturing ISM Report On Business®: NMI at 48.7%

Economic activity in the non-manufacturing sector contracted in November after two consecutive months of expansion, 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 Worldwide. "The NMI (Non-Manufacturing Index) registered 48.7 percent in November, 1.9 percentage points lower than the 50.6 percent registered in October, indicating contraction in the non-manufacturing sector after two consecutive months of expansion. The Non-Manufacturing Business Activity Index decreased 5.6 percentage points to 49.6 percent, reflecting contraction after three consecutive months of growth. The New Orders Index decreased 0.5 percentage point to 55.1 percent, and the Employment Index increased 0.5 percentage point to 41.6 percent. The Prices Index increased 4.8 percentage points to 57.8 percent in November, indicating an increase in prices paid from October. According to the NMI, six non-manufacturing industries reported growth in November. Respondents' comments remain cautious about business conditions and reflect concern over the length of time for economic recovery."

To read the entire release, click here.

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Latest JPMorgan Global PMI: Global Report on Manufacturing

Recovery in Global Manufacturing Continued in November

Operating conditions in the global manufacturing economy improved for the fifth successive month in November. At 53.6, down slightly from October's 39-month high of 54.4, the JPMorgan Global Manufacturing PMI signaled a solid rate of expansion.

Growth of output and new orders remained broad-based by nation — a positive indication for the sustainability of the upturn. Looking ahead, the cyclically sensitive new orders-to-inventory ratio rose slightly, also suggesting that gains in production would continue in the near term.

For the complete JPMorgan release, click here.

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No-Cost Webinar December 10: Cost Containment at The Container Store — A Lesson in Smarter Spending

Date: Thursday, December 10, 2009
Time: 2 p.m. EST / 11 a.m. PST
Sponsors: ISM and Coupa
Length: 60 minutes
Cost: Free

Let's face it — 2010 will be tough. Expect:

  • $3-per-gallon gas to be the new norm
  • Consumers to continue to cut back, saying goodbye to $4 cups of coffee and nightly take-out
  • Companies to respond to declining sales and thinning profit margins with continued hiring and budget freezes
  • That, despite all the economic changes challenges, you will be asked deliver 10 percent more savings with 10 percent less resources.

The businesses that will end up on top are ones that can contain their cost structure and embrace next-generation procurement as the foundation for complete spend control and savings management.

The Container Store: Putting a Lid on Supply Management Costs

From purchasing processes to shipping, businesses must rely on efficiencies to keep costs low and productivity high. And for retailers like The Container Store — that are under intensive margin pressure — being able to efficiently manage the non-merchandise supply process using next-generation procurement has the potential to deliver game changing results.

During this live, one-hour Web event, you will have the opportunity to learn from purchasing and supply management practitioners and discover how The Container Store is:

  • Saving 36 hours a week that was previously wasted maintaining in-house inventory and manually shipping supply orders by integrating their supply management process with warehouse management and supplier systems.
  • Giving managers a reality check of just how much they are spending by stockpiling and over-ordering supplies by exposing end costs to inventory managers.
  • Accurately charging supply costs to individual stores based on supply us, not just by arbitrary measures such as percent of sales volume.
  • Delivering greater price discounts by creating a supply management machine that automates the req-to-pay process and allows purchasing to focus more on negotiating strategic contracts instead of pushing paper.

Featured Speakers:

  • Scott Jones
    Purchasing Manager
    The Container Store

  • Mike Morrow
    Purchasing Agent
    The Container Store

  • Jason Hekl
    Vice President of Marketing
    Coupa Software

Attendance of the live session of this Web Seminar qualifies for one CEH credit at ISM.

Participation details are available online.

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"Best Practices in Supply Management Professional Development" — Free Web Seminar January 13

Date: Wednesday, January 13, 2010
Time: 11 a.m. EST/8 a.m. PST
Host: The ISM-ADR School for Supply Management
Length: 60 minutes
Cost: Free

When you register for this January 13 Web seminar, you'll get the ISM-ADR School for Supply Management's new, no-cost whitepaper, Best Practices in Supply Management Professional Development: Don't Train—Make an Investment and Expect a Return. The whitepaper focuses on the differences between ad hoc training and professional development, highlighting the investment rewards for professional development programs for key employees.

Supply management teams need to apply the same strategic approaches and discipline to their professional development as they do to the purchasing categories they manage. Unfortunately, many companies approach professional development as an ad hoc string of training courses. Employees may learn new skills, but without support, it is difficult to put those new skills to use.

A better approach is to target employee needs and provide a professional development program wherein learning experiences are put to use by providing long-term mentoring, coaching and monitoring progress.

Join Bill Michel and other members of the ISM-ADR School for Supply Management to discover why training may be considered an expense, but professional development is an investment with high returns and measurable results. You will learn:

  • How "training" and "professional development" differ
  • Elements of a professional development program
  • The importance of a personal development plan (PDP)
  • How to embed new skills into the workplace
  • The ins and outs of measuring your return on investment.

Attendance of the live session of this Web Seminar qualifies for one CEH credit at ISM.

Participation details are available online.

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The ISM and NBTA Summit on Travel, Meetings & Supply Management

When: January 27-28, 2010
Where: Tampa, Florida

Whether you're challenged to increase services without an increase in your budget or your budget was cut, you need to maximize your 2010 travel and meeting spend. Gain expert insights from both procurement and travel management professionals.

The Summit is a dialogue between high-level travel and procurement professionals. It's a unique forum for travel and meetings managers and those in procurement with supervisory oversight of travel and meetings to collaborate and share insights.

Explore how to maximize your 2010 travel and meetings spend at this high-level, two-day summit. Highlighted sessions include:

  • The View from the Top
  • The Sacred Cows Go Home
  • Economic Outlook
  • The Future of Work
  • The Art of the Deal
  • The Metrics of Value
  • The Right Model

Register on or before December 18, 2009 for $895. After December 19, 2009, registration costs $995.

For conference information, to view the agenda or to register, click here.

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CPSM® Diagnostic Kit Helps Focus Your Study

Institute for Supply Management™ (ISM) has released the much anticipated CPSM® Diagnostic Kit, Web version. It is designed to help candidates focus their study efforts by identifying areas of supply management that need strengthening — right from their computers. The Diagnostic Kit provides a sample test for the CPSM® Exam(s) with automatic scoring and correct answers, including justifications and references for further study. The Web-based CPSM® Diagnostic Kit more closely simulates the test-taking environment than its print equivalent and is used along with the CPSM® Study Guide.

The Certified Professional in Supply Management® (CPSM®) gives supply professionals a career edge as well as an enhanced ability to see the big picture to impact their organization's supply operation. The CPSM® surpasses the demands of the international marketplace with multifaceted skills in areas such as supplier relationship management, commodity management, risk compliance issues and social responsibility.

For questions on the CPSM®, contact ISM Professional Credentials or visit the ISM Web site, click here.

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Term of the Day

Today's ISM Term of the Day is: FEDERAL AVIATION ADMINISTRATION.

Definition: U.S. federal branch of the Department of Transportation responsible for the safety of civil aviation.

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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