Vol. 17, No. 5
May 2006

Features

• COVER STORY
  ISM's 2006 Salary Survey
  
  How does your compensation stack up to your colleagues? ISM brings you the results after surveying supply management professionals across the United States.
  Jill Schildhouse
  
  
• Complying with SOX in the Information Age
  
  While companies are spending much-needed time accounting for their tangible financial assets for SOX compliance, many are overlooking intangible assets that are just as critical.
  John Yuva
  
  
• Low-Cost Country Sourcing: Building & Aligning Capabilities
  
  Regularly refining corporate strategies and building the kind of capabilities and organizations that can proactively tap tomorrow's lowest total costs, not just today's, is essential for successful low-cost country sourcing.
  Robert S. Forrest
  
  
• Advocate for a Safe, Secure Supply Chain
  
  Over the last several years, supply management has emerged as the lifeline in many companies. With one of its primary functions to oversee the delivery of companies' products, the issue of brand reputation rests squarely on supply management's shoulders. Thus, preventing any incidents that may cause supply chain disruptions is critical. Consider the magnitude of this task for a multinational company with a customer base of more than 170 countries. For Theo Fletcher, vice president of import compliance and supply chain security for IBM in New York, that very task is part of his daily responsibility.
  John Yuva
  
  

Columns

• Are We in a Time Warp?
  
  Editor's Page: Supply Management Buzz
  
  Sometimes looking back at where you've been can remind you of your progress and make you feel better about where you're going.
  Roberta J. Duffy
  
  
• It's About the Talent
  
  Executive Access To The Board
  
  The best processes and strategies come to fruition — in fact, dynasties are built — when the most talented people are in place to do the job.
  Tony Milikin
  
  
• Today's Leadership Needs
  
  Out In Front: Leading People, Leading Organizations
  
  This dynamic and evolving profession necessitates leaders to match. The ability to combine strategy, execution and business acumen is in high demand.
  William Fello
  
  
• Rising Tides Raise All Ships
  
  Tapping Into ... Economics — Business Opportunities
  
  To capitalize on China's growth, executives must assess their company's health, determine where the enterprise can serve the country on its evolutionary timeline and establish how the company can position itself to prosper from these opportunities.
  Tom O'Brien
  
  
• Working With Every Ounce
  
  Tech-Know: Tech Issues for the Decisionmaking Supply Manager
  
  Technology is critical to supply management, but too often, implementations are underused. And when an implementation fails to help its customers, it can be a very expensive endeavor. We asked a leading provider to share some thoughts on how companies can better leverage their current technology.
  Doug Hindsley
  
  
• Proposed UCC Revisions
  
  Legal Briefs: Supply Management's Legal Issues
  
  A revision of the Uniform Commercial Code (UCC) has been a long time coming. Though not yet implemented in any state commercial code, supply managers must be aware of the possible changes coming their way — especially for their state and the state(s) with which they conduct transactions for the sale of goods.
  Ernest G. Gabbard, J.D., C.P.M., CPCM
  
  
• On Your Mark ... Get Set ... Go!
  
  Ex Propriis: Contemplation and Thoughts — (Translated from Latin) "Of One's Own Resources"
  
  Your challenge in your brand-new job is to transform an ailing enterprise with a supply chain that's still stuck in the 1980s — Now what do you do?
  Jim A. Robbins
  
  

Departments

• Just In Time
  
  This article is not available online.
  
  
  
• Procurement Use Is High
  
  CAPS: Supply Management's Leading-Edge Research
  
  Recent study results show that more than one-third of spend flows through e-purchasing systems; average spend through auctions is more than $39 million.
  D. Steven Wade
  
  
• ISM News
  
  This article is not available online.
  
  
  

ISM Report On Business®

• Manufacturing and Non-Manufacturing ISM Report on Business®
  
  Highlights of the Monthly Report On Business® Releases - April 2006 Data.
  
  
  
• Global Business Trends - May 2006
  
  This article is not available online.
  
  
  

Check Out This Month's Advertisers

• 3M
  
  
• Brother International Corporation
  
  
• D&B
  
  
• DataChem Software, Inc.
  
  
• GE Corporate Payment Services
  
  
• Karrass
  
  
• Mercury Marine
  
  
• National Business Travel Association
  
  
• On Vantage
  
  
• Pace Butler Corporation
  
  
• Paragon Global Resources
  
  
• PCCW
  
  
• PHH Arval
  
  
• SAS
  
  
• Thomas Industrial Network