ISM® Report On Business®

 

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September 2024 Services ISM® Report On Business®

Economic activity in the services sector expanded for the third consecutive month in September, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The Services PMI® registered 54.9 percent, which is the highest reading since February 2023 and indicates sector expansion for the 49th time in 52 months.

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Services PMI® at

54.9%


Scheduled Maintenance:
October 11, 2024, 1:00 pm to October 13, 2024, 9:00 am CT. Expect third-party disruptions to registration, scheduling, exams and support.


Supply Management News & Reports

From Liability to Asset: How Smarter Contract Operations Drives Procurement Success

October 01, 2024
Articles

Sponsored Content
Whether you are leading your company’s supply chain or procurement organization, your approach to managing contracts may be causing unnecessary headaches and making you vulnerable to errors and oversight. Traditional methods require time-consuming manual back- and-forth work with legal, chasing approvals, slow negotiations during the pre-signing stage, and constant battles with compliance. The amount of time and emotional energy just getting through the contract process can be paralyzing.

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Being certified by ISM, whether it's a CPSM or CPSD, 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

  • October

    09-10

    2024

    When the objective is to lower cost and prevent supplier price increases, world-class organizations look closely at what and how they buy. Those involved in the Supply and Contracting activities are critical contributors to the organization ability to achieve high-level performance and will bring dramatic bottom line impact when equipped with the skills to both resist supplier price increases and identify and implement savings opportunities in today volatile marketplace.

    Online
    Robi H Bendorf, CPSM, C.P.M.
  • October

    10

    2024

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

     

    Thursday, October 10, 2024, 10:00am – 3:00pm ET

     

    Join us for an exclusive local Executive Roundtable event for supply chain and procurement professionals in Greater Boston and New England for ISM’s community. This event offers compelling content and prime networking opportunities. Highlights include a keynote by an AI expert, facilitated executive roundtable discussions, and a panel featuring emerging leaders sharing insights on current trends, and a discussion on talent development. 

    Connect with fellow senior leaders, explore innovative solutions, and gain fresh perspectives to drive your strategic initiatives. This event is a unique opportunity to expand your local professional network and stay ahead in the industry. Register to reserve your seat and join us in-person at The Vincent Club in the Beacon Hill area of Boston for this insightful event.

    This session is intended for senior leadership, senior directors, and/or VP level and above.

     

    Boston, MA
  • October

    10

    2024

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

    Thursday, October 10, 4 – 7 p.m. ET

     

    Join us for an exclusive ISM community membership meetup event in the greater area of Boston! Dive into a dynamic evening featuring insights and discussion of trending topics presented by local leaders, and dedicated networking reception. This local event is part of an exciting series of meetups tailored specifically for our member community. Space is limited and is available on a first come, first serve basis.

     

    Forge new connections and strengthen existing ones as you engage with fellow ISM members who share your passion for procurement, supply chain, and professional development. This meetup is your opportunity to explore, learn, and thrive within our vibrant community and experience a prominent local organization.

     

    PRESENTATION TOPIC

     

    Large language models (LLMs) have recently landed in the public spotlight for their ability to generate text that is indistinguishable from human-written text. In this discussion, Patrick Marlow will show how LLMs can be used for a variety of practical business applications, including generating creative content, translating languages, and answering questions in a grounded, informative way. He will also discuss some of the limitations of LLMs and how they can be improved in the future.

     

    Boston, MA
  • Oct-Nov

    14-15

    2024

    Get prepared for the Leadership and Transformation in Supply Management exam with ISM's Guided Learning course. Designed with today's busy professional in mind, this comprehensive, self-paced course will provide a deep understanding of core supply management competencies and set you up for success on the exam.

    Online
    Kelly M Green, CPSM, CPSD
  • October

    16-17

    2024

    Negotiation skills not only influence individual purchases, but also business relationships. It is an exploratory and communication process that identifies interests, walkaway alternatives and options. This course will hone your negotiation skills and build a foundation of knowledge enabling you to provide the best outcome for your organization.

    Online
    Brandon Hummons

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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Meet peers, suppliers and thought leaders in your area.

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Looking to be a partner of ISM? Learn more about our global partner program.

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Sponsorship Opportunities

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

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Give back to the profession and connect with your community through various volunteer opportunities.

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