ISM® Report On Business®

Leading the Industry with Reliable Economic Indicators

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April 2021 Hospital ISM® Report On Business®

Economic activity in the hospital subsector grew in April for the 11th consecutive month, say the nation’s hospital supply executives in the latest Hospital ISM® Report On Business®.

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Hospital PMI™

61.9%

Supply Management News & Reports

Advanced Negotiation Skills to Counter Procurement’s Perfect Storm

May 03, 2021
Articles

Sponsored Content

The “perfect storm” is here for Procurement. Do your negotiators have a robust, standardized negotiations process?  Do they have the recent training and advanced skills needed to go toe-to-toe with their highly trained, highly skilled, and highly motivated sales counterparts? 

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

An Accelerated Path To CPSM Certification

Ready to enhance your career with a CPSM designation to take control of your career development and create more agility in your professional life? The CPSM Guided Learning Accelerated Bundle helps keep you on track through the certification process. Each course is six weeks long and provides you with self-study reading and activities. Plus, you’ll have weekly webinars with your instructor that you can view live, online or on-demand. Register now and set yourself on the path to achieving CPSM certification.

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Upcoming Education

  • May-Jun

    03-04

    2021

    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.

  • May

    11-12

    2021

    The S&OP process consists of coordinating sales forecasts, demand plans, and capacity planning to arrive at an agreeable plan. In this Virtual Classroom course, learn how your organization can prepare for changes in market demand, supplier capabilities and competition by integrating the sales and operations functions.

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

    11

    2021

    Despite numerous supply-chain upheavals inflicted by disasters and large-scale events— including hurricanes, factory fires, business mergers, and tsunamis— most companies still found themselves unprepared for the Covid-19 pandemic. In fact, following the outbreak in China, 70% of organizations were still in data collection and assessment mode, manually trying to identify which of their suppliers had a site in the specific locked-down regions of China. The disruption was significant and far reaching.

    In contrast, those companies that invested in mapping their supply networks, emerged relatively unscathed. Accordingly, supply network mapping needs to be part of any company’s risk mitigation strategy.

    Online
  • May

    18-20

    2021

    Join more than 2,500 global supply chain and procurement professionals at ISM2021, Institute for Supply Management’s (ISM) Annual Conference.

  • May

    25-26

    2021

    The objective of this course is to increase the knowledge, skills and abilities in supplier Cost Analysis and Supplier Financial Analysis. Cost analysis is a powerful tool for supply managers and can change the conversation with suppliers to open new opportunities for savings and value creation. Financial Analysis can also provide useful information that will lead to insights about whether your supplier is making too little or too much profit, whether they are generating cash or burning cash and if new risks may have arisen in recent reporting periods.

    Online
    Ralph L Carlton II, CPSM

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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