ISM® Report On Business®

Leading the Industry with Reliable Economic Indicators

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January 2025 Hospital ISM® Report On Business®

Economic activity in the hospital subsector grew in January for the 17th consecutive month after contracting twice in the previous four-month period, with 35 consecutive months of growth prior to that, say the nation's hospital supply executives in the latest Hospital ISM® Report On Business®.

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Hospital PMI® at

53.5%

Supply Management News & Reports

Uncertainties and Unknowns — Again

January 15, 2025
Articles

More business-friendly policies are likely in 2025, but supply management organizations must contend with ‘significant wild cards,’ including many of the same dynamics that defined the first Trump administration.

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Being certified by ISM, whether it's a CPSM®, CPSD® or APSM®, is one of the most important decisions you will make.

Those four letters after your name carry a lot of weight in the global supply management field because ISM certification has been respected as the foundational benchmark by the profession for nearly 40 years.

See If Your Credentials Are Still Active

Upcoming Education

  • February

    18-19

    2025

    Space is limited and is available on a first come, first serve basis.

     

    Taking place at the exclusive boutique hotel nestled in the heart of downtown Savannah, the Spring Corporate Program Executive Summit brings together supply chain thought leaders for networking and future-forward thinking. Hear from fellow peers on their transformational projects as well as thought leaders discussing the geopolitical environment and the changing business climate. Mix in experiences with a welcome reception, full day of interactive sessions, and wrap up the event with a surprise and delight as our guests experience something distinctly "Savannah"

     

    Leaders will walk away with an expanded network of peers and thought leaders and energized to approach the year ahead.

     

    This session is intended for senior leadership, senior directors, and/or VP level and above and exclusive to Corporate Program members only.

     

    Savannah, GA
  • February

    19-20

    2025

    Contracts guide key aspects of business strategies and relationships. Many organizations spend a considerable amount of time and resources writing, reviewing, and managing contracts. Having deeper knowledge of terms and conditions will protect your organization from legal risk. This course will build and expand your contracting knowledge to ensure positive outcomes for your organization.

    Online
    Jeffery K Sjurseth
  • Feb-Mar

    27-31

    2025

    GUIDED LEARNING

    Sourcing in a Modern World

    Eliminate bottlenecks and master strategic sourcing with this ISM guided learning online course. The demands placed on today’s purchasing managers and buyers require more advanced skills, knowledge and expertise than in years past. Strategic sourcing is essential to the procurement process and will help practitioners continuously improve and re-evaluate the company’s purchasing activities and the requirements of its stakeholders. Led by an ISM subject matter expert, this course covers sourcing in the modern world through weekly webinars and daily online training modules that consist of multimedia, knowledge checks and practical application activities. This course provides additional access for 60 days from the last day of class.

    Online
    Joseph P. Gallagher, CPSM, C.P.M., A.P.P.
  • March

    04-05

    2025

    Category managers assess demand for a product or service across the organization. The goal of category management is to find innovative ways to reduce cost and increase the competitiveness of the enterprise, not always an easy task. This supply management course will put you on the fast-track to using spend analysis and proven category management techniques to their full advantage. Leave equipped with new skills to excel in your role. During the two days, there will be ample time to participate in practical exercises utilizing new tools and methods to put to immediate use in your job.

    Online
    Ana Brasher
  • March

    12-13

    2025

    Contractors and suppliers know their business well and most are aware of weaknesses in the supply management system. For better or worse, they know what tactics will work against a given level of experience and sophistication on the supply management side of the table. Having the right skills and knowledge as a supply management professional will help you avoid common and not so common contract and procurement fraud. In this supply management course, you will learn to identify multiple types of fraud such as expense reimbursement, inventory, internet, purchasing specific fraud and more. To make this supply management training practical and applicable, several case examples are provided. Additionally, you’ll receive and learn how to use a tool to counteract contract and procurement fraud activities from occurring in the supply chain operation.

    Online
    William D Agee JR, C.P.M.

Corporate Program

Increase the agility and broaden access to education, tools, research and more for your supply chain team. ISM offers programs for organizations to help provide a framework for continuous learning and access to valuable membership resources and products 24/7/365

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Joining the ISM community gets you access to education, tools, research, events as well as a network of peers who face and solve for some of the same challenges you encounter. Invest in your own professional agility.

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Help support a scholarship program or connect with supply management practitioners with your thought leadership.

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