Table of Contents
Vol. 17, No. 7
Getting in Sync
Amgen's procurement team uses key company strategies to drive value to new heights.
Closing the Global Divide
Accomplishing company goals often involves the work of global teams. Being successful requires an understanding of project requirements and an appreciation of members' viewpoints.
Weathering the Storm: Managing the Volatility of Purchasing Costs
In an increasingly interconnected economy, the cascading impact of disruptive events — natural, geopolitical, economic or financial — has amplified the risk of wide fluctuations in the price of many commodities. For supply managers, the unchecked volatility of purchasing costs can quickly lead to trouble: Wall Street places higher value on companies with stable and predictable earnings.
Bob Bruning and Mark Lustig
Minneapolis Brings Out the Best
ISM offered up an all-star cast of keynote speakers at this year's Annual Conference.
The Faces of Tomorrow
Scholarship winners go to the head of their supply management classes with impressive grades, high-profile internships and extracurricular activities.
Being a good communicator involves more than just good verbal skills — what you "say" when you are not talking is critical.
Of Leaders and Followers
Executive Access to the Chair
Regardless of your leadership style, mentoring and nurturing employees is good for business.
Theresa Metty, C.P.M.
The Passion Play
Out in Front: Leading People, Leading Organizations
Outward enthusiasm for your industry and your profession is a driver for the kind of passion that can lead to share-of-mind.
Still Not Enough
Tapping Into... Outsourcing — Crucial Considerations
Companies are improving their minority supplier development programs — and that's a great start — but more still needs to be done.
Robert B. Handfield, Ph.D. and Steven A. Edwards
Tech-Know: Tech Issues for the Decisionmaking Supply Manager
Reverse auctions that aren't set up correctly, used in the right capacity and communicated properly to their participants may cause problems. The five-step formula given here is a primer for avoiding the stumbling blocks many supply managers face with this technology.
Documentary Letters of Credit
Legal Briefs: Supply Management's Legal Issues
When making a first-time purchase from a supplier in a foreign country, you may be forced to make advanced payment. There is another option available.
Martin J. Carrara, J.D., C.P.M.
Getting Up to Speed
Ex Propriis: Contemplation and Thoughts — (Translated from Latin) "Of One's Own Resources"
How would you help your new supply manager, who has no supply experience, learn on the job — and gain the respect of her staff?
Mark S. White
Financial Services Metrics
CAPS: Supply Management's Leading-Edge Research
A new report defines key differences between financial services and other industry groups for benchmarking purposes.
D. Steven Wade