ISM® Report On Business®

Economic activity in the services sector expanded for the fifth consecutive month in November, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. 

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Supply Management News & Reports

Extreme Makeover: Supply Chain Edition

November 12, 2024
Articles

From the environmental scan to securing stakeholder buy-in to measuring progress, building procurement operations from scratch is an exhaustive process that never ends.

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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.

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Upcoming Education

  • December

    10

    2024

    We all think we know what bad data looks like, but what is it and what are the consequences?

    I bet you never knew you needed a COAT for your data, but it will help protect you against all the dirty data that's around. Susan will share real-life examples of dirty data, and the consequences it has on the output, such as decision making, reporting, analytics, AI, and machine learning. She'll also share with you her COAT methodology to help prevent this, as well as learn how to make quick, accurate checks and changes to your own data in excel, regardless of your level of experience, and explain why data accuracy and maintenance is so important and implement best practices for this.

    Takeaways:

    • The importance of data accuracy
    • The consequences of dirty data
    • How to ensure data accuracy
    • Make sure your data has its COAT on
    • How to spot check your data

    Online
  • December

    11-12

    2024

    VIRTUAL CLASS

    Procurement Bootcamp

    Procurement is an organizational function that covers a multitude of business functions. This includes specification development, value analysis, supplier market research, negotiation, buying activities, contract administration and inventory management. This course will provide a holistic approach to managing your supply chain and drive strategic value to impact both bottom-line costs and top-line revenues. 

    Online
    David E Malone, CPSM
  • January

    07-08

    2025

    If the thought of unseen risk lurking along your global supply chain keeps you up at night, then this course is for you. It’s impossible to eliminate all risk, but you can prepare for it by learning to identify it, analyze it, anticipate its impact and determine its probability. This must-attend seminar will help you in your quest to reduce and mitigate risk and will give you a solid understanding of risk analysis, managing risk, compliance and execution. Excel based tools and templates will be provided for weighted risk factors, financial impact and probability analysis.

    Online
    Brandon Hummons
  • January

    14-16

    2025

    When it comes to contracting, understanding supply chain terms and conditions is an essential part of the job. This skill is so critical that without it, supply management professionals can place their organization in jeopardy. This popular and essential supply chain course thoroughly addresses many of the standard terms found in most contracts and also examines the impact of electronic purchasing. Discussions delve into key terminology, clauses that can be used in drawing up agreements, and examples of contract language. As with all our supply management courses, you will have the opportunity to put your knowledge into action. In this course, you are encouraged to bring your own contracts, clauses, and/or purchase orders for review and hands-on practical learning and application.

    Online
    Brandi P Parker
  • January

    14

    2025

    This webinar delves into the critical realm of ethical sourcing, exploring best practices and highlighting the pitfalls of overlooking ethical considerations in procurement. We'll examine the psychological drivers behind procurement misconduct, drawing insights from Maslow's Hierarchy of Needs to understand how greed, power dynamics, and social influences can lead to unethical behavior. Through real-world cases, we'll illustrate the devastating consequences of corruption and fraud, emphasizing the importance of proactive measures to safeguard organizational integrity.

    Audience Takeaways:

    • Understand the psychological factors that contribute to procurement fraud and corruption.
    • Learn how to identify and mitigate ethical risks in your procurement processes.
    • Develop strategies to foster a culture of integrity and ethical decision-making.
    • Discover best practices for ethical sourcing including supplier selection.
    Online

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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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