ISM® Report On Business®

The ISM® Report On Business® continues to be consistent and accurate in indicating the direction of the overall economy, in addition to the manufacturing and services sectors. The reports are available on the first and third business day of each month. ISM's Hospital (PMI®) will be available on the fifth business day of each month.

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July 2025 Manufacturing ISM® Report On Business®

 Economic activity in the manufacturing sector contracted in July for the fifth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

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Manufacturing PMI® at

48%

Upcoming Education

August

06-07

2025

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

August

06

2025

MEMBER WEBINAR
Member Only

Beyond Volatility: Identifying and Reversing Unjustified Price Hikes

Price volatility is a reality. Global events can drive costs up overnight — but what happens when conditions stabilize? Too often, elevated prices remain, inflation takes hold, and buyers are unaware that the original cost drivers have subsided, leaving potential savings on the table.

How can you push back on price increases if you don’t understand what caused them in the first place?

Join Daniela Osio, CEO and Co-Founder of Kloopify, for an insightful discussion on how understanding the details of what you’re buying equips you to manage volatility, challenge outdated price hikes, and use data-driven insights to unlock meaningful cost savings for your organization.

August

07

2025

SPONSOR WEBINAR

5 Reasons ChatGPT Falls Short for Contract Review: And What to Look for Instead

As GenAI tools become more accessible, legal, procurement, & supply chain teams face a growing challenge: cutting through the hype to identify what truly delivers. In high-stakes, high-volume contract environments, not all AI-powered redlining tools are created equal. Choosing the wrong solution can introduce risk, inconsistency, & operational slowdowns.

Inconsistent reviews aren’t just a nuisance; they’re a liability. Whether working with NDAs, MSAs, or complex vendor agreements, a single missed clause or off-brand edit can lead to costly legal & operational consequences. For those focused on efficiency and third-party risk mitigation, scalable & repeatable AI-assisted reviews are essential—not optional.

Learning Objectives:

  • Why general-purpose AI struggles with contract consistency, traceability, and risk management.
  • How to evaluate the 3 core factors that impact an AI redline tool’s reliability.
  • The 5 essential quality attributes that define trustworthy, negotiation-ready output.
  • What questions to ask vendors to protect your team from inconsistent results and hidden risk.
  • How to align redline AI capabilities with your contracting volume, review processes, and strategic goals.

annual membership vote 2025
 

ISM Annual Membership Vote

Cast your ballot for the next members of the ISM Board of Directors. Click below for voter information.

Notice is given that the Institute for Supply Management
Inc.

Notice of ISM Annual Membership Meeting

Notice is given that the Institute for Supply Management, Inc. (ISM) Annual Membership Meeting will be held on August 28, 2025, at 1:00 p.m. PDT at 309 W. Elliot Rd., Suite 113, Tempe, AZ 85284. At any meeting of the members, every eligible member may vote either in person or by proxy. Each such proxy should be filed electronically with the Secretary before or at the time of the meeting.

 

 

 

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Supply Management News & Reports

Mastering Market Movements: Shifting from Reactive to Proactive Chemical Sourcing

July 28, 2025
Articles
  • Sponsored | Market volatility is an ever-present challenge for procurement professionals. From sudden price spikes to unexpected supply chain disruptions, today’s business environment demands agility and adaptability. The impacts of price volatility are far-reaching: unpredictable costs strain budgets, squeezed margins threaten profitability, and supply chain instability jeopardizes operations. 

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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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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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