Filed in ISM
Friday, April 15, 2016
There are three distinct categories of talent necessary for achieving optimal performance: “procurement employees” are just one of the three categories.
Posted on 04/15 at 08:23 AM
Supply Chain •
Thursday, March 03, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—was 53.4 in February (a level of 50 or higher indicates growth), which was 0.1 percent off from January, with economic activity in the non-manufacturing sector growing for the 73rd consecutive month. The February PMI is 3.2 percent below the 12-month average of 56.6.
Tuesday, March 01, 2016
In its Manufacturing Report on Business, ISM said that the PMI, its index to measure growth, was 49.5 in February (a reading of 50 or higher indicates growth), topping January by 1.3 percent and sub-50 for the fifth month in a row.
With an average age of 27, the 2016 supply chain superstars span industries ranging from manufacturing to education, financial services, medical devices, information technology, oil and gas, and government. Many are driving improvement in areas that matter to them and benefit society, such as sustainability.
Wednesday, February 03, 2016
The index ISM uses to measure non-manufacturing growth—known as the NMI—came in at 53.5 in January (a level of 50 or higher indicates growth), which was 2.3 percent below December, while economic activity in the non-manufacturing sector continued to grow for the 72nd month in a row. The current PMI is 3.4 percent below the 12-month average of 56.9.
Posted on 02/03 at 04:18 PM
Monday, February 01, 2016
The Institute for Supply Management (ISM) says that manufacturing activity again contracted for the fourth straight month.
Posted on 02/01 at 01:29 PM
Thursday, January 28, 2016
Supply Chain managers may expect more of the same when the next Manufacturing ISM Report On Business featuring the January 2016 data will be released on Monday, February 1.
Monday, January 11, 2016
Over the next five to ten years, a record number of people will leave the workforce—and taking with them years of wisdom and experience that is not easily replaced. If you’re not worried about the impact of that much talent walking out the door, you should be.
As more of corporate outside spend is wrapped up in the supply chain, organizations are demanding proficiency in a broader range of business skills from their purchasing staff at every level.
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Monday, January 04, 2016
The PMI, the ISM’s index to measure growth, came in at 48.2 (50 or higher indicates growth) in December, which dropped 0.4 percent compared to November’s 48.6.
Posted on 01/04 at 02:02 PM