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Wednesday, January 5, 2005
   

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90th Annual International Supply Management Conference and Educational Exhibit

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In this issue...
  • December Non-Manufacturing Report On Business®: Business Activity at 63.1%. Read more.
  • Latest JPMorgan Global PMI Report on Manufacturing. Read more.
  • Persons of the Year Awards. Read more.
  • ISM's 90th Annual International Supply Management Conference and Educational Exhibit Read more.
  • Never Underestimate the Power of a World-Class Supply Management Network. Read more.
  • Term of the Day. Read more.
  • Contact Us. Read more.

December Non-Manufacturing Report On Business®: Business Activity at 63.1%

Business activity in the non-manufacturing sector increased in December 2004, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

The report was issued today by Ralph G. Kauffman, Ph.D., C.P.M., chair of the Institute for Supply Management™ Non-Manufacturing Business Survey Committee and coordinator of the purchasing and supply management program, University of Houston-Downtown. "Non-Manufacturing Business Activity increased for the 21st consecutive month in December," Kauffman said. He added, "Also in December, New Orders, Employment, Order Backlogs, Imports, Prices and Exports increased."

To read the entire report click here.

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Latest JPMorgan Global PMI Report on Manufacturing

Global Manufacturing PMI Picked Up Slightly in December, as New Orders Rose at Strongest Pace in Four Months.

At 53.6 in December, up from 53.2 a month earlier, the Global Manufacturing PMI -- a composite index produced by JPMorgan and NTC in association with ISM and IFPMM -- posted a reading above the no-change mark of 50.0 for the eighteenth successive month. The upturn remained broad-based, with all except one of the national manufacturing economies (Italy) registering an improvement. However, for the final quarter of 2004, the PMI pointed (on average) to an easing in the rate of growth from the joint-survey record high seen in Q2 2004 to the least marked since Q3 2003 (when the current upturn began). The majority of the national manufacturing economies, including the US, the Eurozone, Japan and China, recorded slower growth in Q4 2004 than in the previous quarter.

To read the entire press release click here.

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Persons of the Year Awards

Know an ISM member who has made an outstanding contribution to advancing education and training? ISM's "Person of the Year" award is a program designed to formally recognize members who have made significant contributions in the following five categories:

  • Education/learning
  • Leadership
  • Innovation/creativity
  • Marketing/communicating
  • Volunteering

Nomination deadline is January 31, 2005. For complete details, or to download the Person of the Year Award forms click here.

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ISM's 90th Annual International Supply Management Conference and Educational Exhibit

May 8-11, 2005
San Antonio, TX

Use this opportunity to reinforce your skills, follow new trends and hear the buzz on supply management. ISM's 90th Annual International Supply Management Conference promises to provide what you need to lead your group forward. Find out how to impact your organization through innovative and proven supply management strategies.

With over 100 workshop sessions and 2,000 supply professionals on hand, you'll reap the benefits of Texas-sized knowledge and best practices. Each session comes complete with success stories, tools and practical solutions. Turn your biggest challenges into minor bumps when you learn from the experts, the pioneers and your fellow practitioners.

Five distinct learning tracks help you focus on current challenges and our hot topic areas concentrate on leading edge solutions.

Early registration ends March 3, 2005.

For more information or to register online click here.

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Never Underestimate the Power of a World-Class Supply Management Network

ISM's 38th Annual Supply Management Program
March 7 - 11, 2005
Tempe, Arizona

Learn to leverage your power during these exciting sessions:

  • Social Responsibility and the Supply Chain: Developing and Sustaining a Value Culture
  • Supply Management and the Bottomline: Maximizing Supply's Contribution to Organizational Goals and Objectives
  • Developing an Effective Performance Management System: Aligning Metrics with Strategy
  • Developing and Implementing Supply Strategies in an Environment of Uncertainty: A Supply Strategy Simulation
  • Current Issues and Future Directions in Supply Management

This comprehensive program provides a framework to build a supply team that creates and delivers measurable value.

Who Should Attend
This program is designed for leaders of change in supply management. Those in decision-making positions related to purchasing, procurement, suppliers, supply management or supply chain management will most benefit from this program. Typically, participants have responsibilities for planning, managing or directing supply functions or processes in alignment with organizational goals and objectives.

Early registration ends February 7, 2005.

To register online click here, or call one of our customer service associates at 800/888-6276 or 480/752-6276, extension 401.

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Term of the Day

Today's ISM Term of the Day is: CONTRACT.

Definition: A written or oral agreement between two or more competent parties that defines a job or service to be performed and which is legally enforceable.

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 taken from the Glossary of Key Supply Management Terms.

ISM members can access the online Members Only Glossary of Key Supply Management Terms 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 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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