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November 2023 Hospital ISM® Report On Business®

Economic activity in the hospital subsector grew in November for the third consecutive month after contracting twice in a 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^®.

Hospital PMI® at

59.8%

The power of AI in driving supplier performance and innovation

December 05, 2023

Articles

Sponsored Content | In an era defined by rapid technological advancements, the integration of artificial intelligence (AI) has emerged as a transformative force in various industries. One field in which AI is proving to be a game changer is supply chain management, where it has the potential to revolutionize the way businesses interact with their suppliers.

Report On Business® Roundup: November Hospital PMI®

December 07, 2023

Articles
The Hospital PMI® registered 59.8 percent, up 7.7-percentage points compared to the previous month, powered by healthy gains in the Business Activity (up 18.5 points, to above 70 percent) and New Orders (up 7 points, to above 60 percent) indexes.
Report On Business® Roundup: November Services PMI®

December 05, 2023

Articles
After the release of the Services PMI® for November that beat analysts’ expectations at 52.7 percent, the question was asked: Is it time for the U.S. Federal Reserve, after 11 interest-rate hikes since March 2022, to think about reversing course?
Supply Chain Resiliency Requires the Ability to Adapt

December 05, 2023

Articles
Get an overview of session highlights and key takeaways revealed at the Gartner Supply Chain Planning Summit in November 2023 focusing on best practices in finding supply chain resiliency.

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.

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Upcoming Education

December

12

2023

VIRTUAL CLASS

Financial Analysis

Analyzing financial data, using benchmarking metrics and supply data to understand a supplier’s financial situation and market position, help ensure your organization can develop and execute an appropriate supplier engagement strategy. Learn how to analyze supplier financial health to protect your organization.

Online

Collins Ifenyichukwu Oluka, CPSM

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January

10-11

2024

VIRTUAL CLASS

Excellence in Strategic Risk Management

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

Caldwell Hart, Jr, CPSM, CPSD

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January

11

2024

WEBINAR

Allies to Advocates: Elevating Women in Supply Management

Join our Women’s Supply Management Community for a compelling and interactive session with a set of prominent supply chain leaders. They’ll dive into what it takes to be an ally to women in the profession, and the journey to becoming an active advocate as a leader. This will be a candid conversation that incorporates male allies, as well as a female leader’s perspective. The challenges women in the profession face are not just a women’s issue – it has to incorporate everyone for change to occur, and this session will provide insights on navigating that process.
ISM membership is not required to attend – all are welcome.

Online

Register Now Group Registration
January

16-18

2024

VIRTUAL CLASS

Contracting: What all the T's & C's Mean

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

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January

18

2024

MEMBER WEBINAR

Member Only

Quarterly State of Risk Update

Join the executive leaders from ISM and Resilinc as they come together as part of a quarterly series to discuss the latest and emerging risks and disruptions impacting global supply chains. ISM CEO Tom Derry and Resilinc CEO Bindiya Vakil will also provide insights based on respective data and research from both organizations.

Online

Thomas Derry, Bindiya Vakil

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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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