#ISM2017: Magic Tweetdom

In time, we'll find out if the 2017 edition of ISM®'s Annual International Supply Management Conference is the biggest ever. However, if Monday's Twitter activity is of any indication, ISM2017 at Walt Disney World in Orlando, Florida, is on pace to shatter supply management social-media records. Inside Supply Management® asked Conference attendees, presenters and exhibitors to make liberal use … [Read more...]

The Monthly Metric: SWOT Analysis

Welcome to the first installment of The Monthly Metric, where we examine a piece of data that can help supply management professionals do their job more efficiently. In our introductory post last month, we addressed how advanced analytics has taken over Major League Baseball, but is not as prominently used in procurement. This, according to survey results indicating that many supply management … [Read more...]

Cyber Thieves’ Latest Catch: ‘Whaling’

First, there was phishing, then spear phishing. Now, a new term has taken hold as cyber thieves aim their harpoons at even bigger catches. The result is whaling, where hackers’ bait is the highest positions of authority in a company, masquerading through email as a senior executive to attempt to fool an employee or supplier into releasing money, procurements or sensitive information. In June, … [Read more...]

All A-Twitter at ISM2016

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...]

US poised to be most competitive manufacturing nation

In recent years, China has ranked as the world’s most competitive manufacturing nation. But by 2020, it will likely fall to No. 2, relinquishing the No. 1 spot to the United States, according to the 2016 Global Manufacturing Competitiveness Index report by Deloitte Touche Tohmatsu Limited (Deloitte Global) and the Council on Competitiveness. Michelle Drew Rodriguez, manufacturing leader, Center … [Read more...]

Cloud Computing and Data Sensitivity Concerns

By Timothy P. O’Toole and John C. Eustice Supply management companies around the globe are looking to cloud computing as a way to store data. But because servers are located worldwide and because of the sensitive or confidential nature of some of the information stored in those servers, governments, including the United States, are becoming increasingly concerned about export controls … [Read more...]

Global Tech Summit Offers New Ways of Looking at Procurement

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

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...]