Inside Supply Management’s Best of 2016

Elementary school pupils running outside looking excited

The end of business today marks the start of Institute for Supply Management®’s end-of-year close. With our office closed through January 2, leaving plenty of holiday time to relax and enjoy our families, we admit to feeling a little bit like children on the last day of school. But before departing, we would like to leave our own little bag of goodies — the best of Inside Supply Management® of … [Read more...]

Contract administration success is focus of seminar

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Often, the biggest barometer of a contact’s success are the post-signing actions of the parties involved, not the words on the document itself. Ensuring it’s all about action, not words is the job of the contract administrator. “Administering Contracts: From Award to Completion,” an ISM Seminar next held July 11-13 in Pittsburgh, is designed to teach administrators the best practices that … [Read more...]

Seminar provides purchasing playbook

Supply chain management word cloud

ISM Seminar spoiler alert: One of the first things instructor Edward F. Cocca does in “Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism” is hold up a blank sheet of paper. “I’ll hold it up and point out that it has boundaries, horizontally and vertically, with a flat plane. It’s defined. That’s theory,” says Cocca, a Scottsdale, Arizona, based consultant and … [Read more...]

Twitter’s Last Blast at ISM2016

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The ISM2016 Annual Conference in Indianapolis concluded with a half-day of activity on Wednesday, but participants showed an eagerness to finish strong — both onsite and on social media. The #ISM2016 hashtag received plenty of use as presenters, exhibitors and attendees shared thoughts from the Conference's last sessions and said farewell until next year. Speaking of next year, can you imagine … [Read more...]

Tuesday’s ISM2016 Sweet Tweets

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The #ISM2016 hashtag continued getting liberal use during the second full day of ISM's Annual Conference in Indianapolis. Here's a sampling of the experiences that presenters, exhibitors and attendees shared on Twitter. On Tuesday, the supply management world was Tim Fiore's; everyone else was just conferencing in it. That's the case when the J. Shipman Gold Medal Award is presented, and Fiore, … [Read more...]

All A-Twitter at ISM2016

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The ISM2016 Annual Conference in Indianapolis began in full swing on Monday, and while the Exhibit Hall and Conference sessions were the epicenter of bustle, Twitter tried its best to keep up. There was plenty of activity involving the #ISM2016 hashtag as Conference presenters, exhibitors and attendees shared their experiences. We'll pass along the best of ISM2016 Twitter through Wednesday. … [Read more...]

ISM T&E Conference: What’s in Your Travel Policy?

(From left to right) Frederic Khalil, former chief procurement officer for Guardian Life; Deb Stanton, executive managing director for CAPS Research; and Jay Campbell, journalist and co-founder of The Company Dime.

Achieving a high level of compliance is where a comprehensive, straightforward travel policy can make a difference, panelists said during the discussion T&E Policy: Implementation and Compliance on Thursday at ISM’s inaugural T&E Conference in Miami. Carol McDowell, manager of corporate travel services for the Financial Industry Regulatory Authority, says a travel policy should be written … [Read more...]

Global Tech Summit Offers New Ways of Looking at Procurement

Attendees at the Global Procurement Tech Summit on March 15, 2016.

Today’s procurement professionals are faced with continually changing technologies, say speakers at the Global Procurement Technology Summit, presented March 14-16 in Baltimore, by Institute for Supply Management® and Spend Matters. “Technology is really shaping the way we work,” Mary Lue Peck, senior vice president of ISM, told the 200 attendees present during the opening remarks at the … [Read more...]

Supply Management and the Internet of Things

Contact Us chain dictionary

We hear a lot about the Internet of Things, or IoT, and how this concept of an interconnected network of devices will affect all aspects of our lives, including the supply chain. Gartner Inc. has identified what it considers to be the top 10 IoT technologies and principles that organizations will need to consider for the next few years. They are: IoT device management; IoT security; IoT … [Read more...]

Shelley Stewart Case Competition Winners Announced

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This morning at ISM Diversity 2016, the winner of the inaugural Shelley Stewart Case Competition was announced. The competition — held at ISM’s annual Diversity Summit — pits teams of top supply management college students against each other as they demonstrate analytical and reasoning skills in a professional setting, much like they will face in the business world. The universities with their … [Read more...]