Institute for Supply Management @ism
The first supply chain management association in the world. We offer leading resources, education, certifications, ISM® Report On Business® and more. #WeAreISM ismworld.org Global Joined November 2008-
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The Monthly Metric loves delving into #ISMPMI indexes, and Backlog of Orders is featured in the latest Inside Supply Management® Weekly. Also, what a White House executive order means for #supplychain data, and Part 2 of #AI in negotiations. Subscribe at ismworld.org.
The latest Inside Supply Management® Weekly is #technology-focused, featuring articles on digital transformation boosting Latin American #supplychains, the power of #AI in negotiations, and how companies can optimize telecom services spend. Subscribe at ismworld.org.
Add spice to #TacoTuesday🌮 with the latest Inside Supply Management® Weekly e-newsletter, which covers the Services and Hospital #ISMPMI reports for March, as well as examines how 3-D printing can contribute to sustainable #manufacturing. Subscribe at ismworld.org.
The @ism® Report On Business® Roundup from Inside Supply Management®: Short-term fallout from a cyberattack and a much more troubling potential trend regarding patient volumes and demand dominated the Hospital #ISMPMI data for March. bit.ly/3xqeBye #economy #healthcare
Hospital #ISMPMI survey respondents: “Back-to-office policy has led to many associates leaving the company.” Also: “Seasonal patient volume increases at our facility, plus a focus on physician recruitment and expansion of services.” bit.ly/3vCpxs1 #economy #healthcare
.@ism’s Nancy LeMaster: “Although the Days Payable Outstanding Index contracted (49.5%) in March, panelists (at cyberbreach) affected systems indicated expanded payment terms will be sought to help cope with cash flow issues.” bit.ly/3vCpxs1 #ISMPMI #economy #healthcare
Patient volume sentiment was mixed, prices stayed elevated and cybersecurity was a concern. Those details and more in the Hospital @ism® Report On Business®; the PMI® has declined 10.2 points in four months, to 52.3% in March. bit.ly/3vCpxs1 #ISMPMI #economy #healthcare
Hospital #ISMPMI survey respondents: “Lead times for capital expenditure items are still taking from eight to 12 weeks, with an uptick in costs.” Also: “The #economy is playing tricks on a few surgery items. Things keep creeping up in price.” bit.ly/3vCpxs1 #healthcare
With cyberattack mitigation top of mind among #healthcare facilities in March, the Hospital #ISMPMI Technology Spend Index registered 57%, tying its highest reading since November 2022 (64 percent). The index also hit 57% in November and January. bit.ly/3vCpxs1 #economy
Hospital @ism® Report On Business®: New Orders and business activity growth slowed considerably, and the Change Healthcare cybersecurity breach impacted systems of all sizes in March. The PMI® was 52.3%, a 4.3-point decrease. bit.ly/3vCpxs1 #ISMPMI #economy #healthcare
The @ism® Report On Business® Roundup from Inside Supply Management®: In a week of U.S. #economy indicators — from the manufacturing sector expanding to private-payrolls growth — being well-received by markets, the Services #ISMPMI for March was less so. bit.ly/3PK7dny
.@MarketWatch on @ism Services PMI®: “The #economy has largely shrugged off the highest interest rates in 23 years and is growing at an above-average speed. (It could) expand this year due to low unemployment, steady hiring and (a rate decrease).” tinyurl.com/yer8rpzx #ISMPMI
.@business on @ism Services PMI®: “The (Prices Index) may temper (worries of worsening #inflation). Policymakers are tracking developments in the services sector, the largest part of the #economy, … as they debate when to reduce interest rates.” tinyurl.com/24jzwfp2 #ISMPMI
Get #ISMPMI insights straight from the source on @ism’s LinkedIn Live broadcast on the Report On Business® today at noon ET/9 a.m. PT. Anthony Nieves, Chair of the Services Business Survey Committee, joins me to break down the numbers for March. bit.ly/49oAprf #economy
Services #ISMPMI #Employment Index dive: March reading of 48.5% indicates slower rate of contraction. More companies adding #jobs (19.1%) compared to February (13.5%), with slight decrease in those cutting staff (19.8% in March, compared to 20.6%) bit.ly/4akNoeX #economy
#ISMPMI survey respondent in Professional, Scientific & Technical Services: “Our company and industry continue to pull back to prepare for #economy volatility in (H2). Cost reduction (still) a top-five company objective, even in a high-growth environment.” bit.ly/4akNoeX
The Services #ISMPMI Prices Index reading in March (53.4%) is lowest since March 2020 (50.4%) Eighteen commodities were listed as up in price, with labor included for the 40th straight month. Survey respondents said #inflation is still a concern. bit.ly/4akNoeX #economy
New orders growth pulled back, supplier deliveries were more speedy, #employment stayed in contraction and prices hit a four-year low. Those details and more in the Services @ism® Report On Business® for March; the PMI® decreased to 51.4%. bit.ly/4akNoeX #ISMPMI #economy
#ISMPMI survey respondent in Accommodation & Food Services: “Red Sea turmoil is still not a notable challenge on supply for our sector, but we’re watching (for disruptions). Also, unrest in Haiti carries potential risk for the garment industry.” bit.ly/4akNoeX #economy
The #ISMPMI Supplier Deliveries Index is inversed; a higher reading means slower deliveries — typical amid demand and an improving #economy. A 3.5-point decrease in the index to 45.4% in March indicated faster deliveries, but led to a lower PMI®. bit.ly/4akNoeX #economy
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Services #ISMPMI data for March included eyebrow-raising subindex numbers on #employment and prices that could heighten interest-rate timetable uncertainty. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/3PK7dny #economy #inflation
“This was not an April Fool’s Day joke.” New orders and production growth in March helped lift the Manufacturing #ISMPMI into its first expansion since September 2022. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/43G9Oog #economy
The #BaltimoreBridge collapse on Tuesday will have a “significant” impact on port operations, imports traffic and #supplychains. The Baltimore port might have to play catch up, @ism CEO Thomas W. Derry says, as other East Coast ports gain market share. bit.ly/4asFe3z
The most critical #supplychain resource is water, a focus of a #susatinability themed March/April edition of Inside Supply Management®. Also, how #ISMWorld2024 attendees can play their cards right in Las Vegas. @ism members can read the digital edition at ismworld.org/magazine.
The SEC didn’t include Scope 3 emissions in its new climate reporting rules, but accelerating greenhouse-gas reduction legislation from California, the European Union and other countries mean companies and #supplychains can’t duck disclosure for long. bit.ly/4aal2Dv #ESG
The @ism® Report On Business® Roundup from Inside Supply Management®: There “weren’t a lot of surprises” in February, but the Hospital #ISMPMI data showed continuing challenges for #healthcare facilities with margins, inventories and #employment. bit.ly/3uY5pjL #economy
The @ism® Report On Business® Roundup from Inside Supply Management®: While manufacturing continued an arduous climb out of contraction in February, the Services #ISMPMI was below projections but added to nearly four years of steady sector growth. bit.ly/48FP5lp #economy
The @ism® Report On Business® Roundup from Inside Supply Management®: With spring training in full swing, a baseball term — brushback pitch — best described the impact of an unexpected February Manufacturing #ISMPMI reading on some corners of the #economy. bit.ly/43292Sd
Following “the most typical December to be found,” the Hospital #ISMPMI data indicated January to be less so — however, that wasn’t necessarily a bad thing. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/3SztZz4 #economy #healthcare
The better-than-expected Services #ISMPMI numbers for January completed a trifecta of recent positive news on the #economy — but not if you hope for an interest-rate cut soon. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/499ik1e
Get January #ISMPMI insights straight from the source on @ism’s LinkedIn Live broadcast on the Report On Business® today at noon ET. I’ll talk with Anthony Nieves, Chair of the Services Business Survey Committee, about key takeaways from the data. bit.ly/3uj3vtH #economy
The Manufacturing #ISMPMI numbers for January exceeded expectations and offered evidence that demand is approaching the runway — or at least asking for clearance. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/3vZLukB #economy
New year, same challenges: Articles on how the #economy (despite growth) and #supplychains (despite efficiencies) remain impacted by #COVID19 highlight the January/February edition of Inside Supply Management®. @ism members can access the digital edition: ismworld.org/magazine.
The Hospital #ISMPMI detailed “the most typical December to be found,” but in the #COVID19 era, there is typically a challenge for almost every success. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/3TQjERx #economy #healthcare
The Services #ISMPMI data for December — especially an #Employment Index that didn't match the federal #jobs report — caused a stir among investors. Questions? The @ism® Report On Business® Roundup from Inside Supply Management® tries to answer. bit.ly/3RQKYwq #economy
The Manufacturing #ISMPMI for December elicited a “ho-hum” reaction from investors, but the data offered reasons to be bullish, especially if interest rates decrease. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/47mhjAT #economy
.@ism is open through Thursday, but Inside Supply Management® has put a bow on #procurement storytelling for 2023 and presents some of our favorite articles and podcasts of the year. Wishing you a happy and safe holiday season! We’ll be back on January 2. bit.ly/48occBo
It’s rare that elements of a business prospectus come to fruition before the report is even released, but the @ism® December 2023 Semiannual Economic Forecast fit that bill, thanks to the U.S. Federal Reserve’s expected interest rate reductions. bit.ly/3tiXZ9Q #economy
The Hospital #ISMPMI data reflected a November that “came roaring in” thanks to more respiratory cases and a rush to beat new-year insurance premium resets. The @ism® Report On Business® Roundup from Inside Supply Management® has more. bit.ly/3RbnDFl #economy #healthcare
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