august 2012 newsletter - amazon s3 · scheduled for july, august and september. ... dates have been...
TRANSCRIPT
PAGE 3 ISM-KANSAS CITY NEWSLETTER
Message from the President
Dear Affiliate Members and Associates,
Our new year is kicking off! On August 21, Jan Miller, Vice-President of Affiliate
Support, from ISM headquarters in Tempe, AZ, will be our guest speaker. Jan brings
to us a wealth of information about ISM and what it does for you. Feel free to bring
a guest with you that may be interested in joining ISM-Kansas City. Reservations can
be made on our website for them as well.
“What Is The Diagnosis?” Sounds like something you would ask your doctor.
Actually, it is the title of the presentation for our September 2012 meeting. The topic
of understanding financial statements from a supply-chain perspective will be
addressed by Jerome Forte, Manager of Network Sourcing and Contracting, Sprint
Nextel, CPA/CPM/ CPSM/ MBA. He has been with Sprint for 27-years and has vast
experience in negotiating multi-billion dollar contracts for Sprint. Watch for the
event to be posted on our website.
Check it out! www.ISM.ws . The ISM website has a new look with easy to find and
navigate tabs and drop boxes. There is a wealth of supply-chain information at your
fingertips!
One of our objectives this year is to expand our outreach and team up with other
organizations that are a part of the supply chain. Walt Strobel, C.P.M., Director of
Marketing, has our monthly meetings posted on the Kansas City Business Journal
website. Our Director of Diversity, Maggie Riley, with MAMBDC, is featuring our
meeting announcements in their newsletter. Let us know if you belong to another
group or organization that would be interested in partnering with us for meetings.
You may contact any Board member with the information.
We look forward to seeing you soon!
Kriss Pearson
President
ISM-Kansas City
Inside This Issue
1 Message from the President
2 CPSM Certification Study &
Review Sessions
2 Recertification Points
3 Calling All Members
4 Monthly Meetings
5 Monthly Meetings Schedule
6 Job Postings
7 Diversity Corner
8-9 “How to Write the Perfect
Cover Letter”
10-11 Mid-America Leading
Economic Indicators
12 ISM-KC Board of Directors
MONTHLY NEWSLETTER
Institute for Supply Management – Kansas City, Inc.
AUGUST 2012
PAGE 2 ISM-KANSAS CITY NEWSLETTER
CPSM Certification
CPSM/CSM Study Review Sessions
Unfortunately, we were not able to attract the minimum
number of students to attend the CPSM/CSM training that was
scheduled for July, August and September.
We will re-schedule the classes for January, February and
March next year. Stay tuned for new dates and locations
Plan Ahead to Earn Re-Certification Points
Now that you have your CPSM/CSM, it’s not too early to start thinking about the 60 credits that you will need to renew your certification in three years. That is 20 credits per year. Here are some ways to help you earn those recertification credits
• Attend monthly dinner meetings for 1 point per month - Earn up to 10 points per year
• Present at dinner meetings – 1 point per presentation • Volunteer on board or committee - Earn up to 12 points per year • Attend free monthly on line seminars
http://www.ism.ws/education/content.cfm?ItemNumber=21535&navItemNumber=5591 - earn one point per completed seminar up to 12 points per year
• ISM Training & Education http://www.ism.ws/Education/?navItemNumber=22261
o Face to Face Training o On-Line Training
• Attend annual conference - Points earned vary depending on the classes completed
Please take advantage of these opportunities and plan ahead now.
PAGE 3 ISM-KANSAS CITY NEWSLETTER
Calling All Members:
The new Board of ISM-KC, INC. for the 2012-2013
year is in place and ready to go. Our May
board meeting and June planning meeting was
lively with new ideas from the new board
members. Get ready to see a lot of new
changes with the new board of directors.
You can also be part of this transformation by
working with the new directors to help
implement the many new changes they have in
mind. Please contact the board members
about volunteering on their committees. This is
your organization, help make it the most
beneficial to you while making some friends,
gaining some experience and networking with
Supply Chain Leaders in Kansas City along the
way.
Please reference the last page of this newsletter
for the contact information of
ISM-KC Board Members.
Page 4 ISM-KANSAS CITY NEWSLETTER
Monthly Meetings
August 2012 Dinner Meeting
Join us for a great dinner with friends and our speaker, Jan Miller from ISM National. Bring your appetite and your questions regarding ISM.
Jan Miller's Bio and Responsibilities:
Jan Miller is ISM’s Vice President for Affiliate, Group and Forum Support. Her area has principle responsibility for all assistance provided to, organizational training tools provided for, and serving as the primary liaison between affiliates, Groups and Forums. Jan serves as staff contact for the Affiliate, Groups and Forums Relationship Committee, and three Leadership Training Workshop Planning Committees. Jan is responsible for coordinating all aspects of ISM’s Leadership Training Programs annually, including planning training content with each of the Leadership Training Committees. Jan’s responsibilities also include member benefits, corporate relationships and oversight of the Journal of Supply Chain Management.
Topic: ISM - What we are; where we’re headed
ISM exists to lead and serve the supply management profession.
Discover the ongoing initiatives as well as those scheduled for implementation to create an awareness of and elevate the perception of supply management and supply management professionals in the business community. Members of the Institute for Supply Management, with their busy schedules, often aren’t aware of resources available to assist them in their professional lives. Please join us to take a closer look at how you can take full advantage of the benefits of your membership in ISM, details of the Certified Professional in Supply Management
® (CPSM
®),
Certified in Supply Management™ (CSM™) and Certified Professional in Supplier Diversity (CPSD) programs and opportunities for being involved.
Click the link to register https://www.ism-kansascity.org
When:
August 21, 2012
5:30 - 8:00 PM
Where:
Hereford House
17244 Midland Drive
Shawnee –Kansas
913-268-8000
http://www.herefordhouse.com/shawnee-hereford-hosue.html
PAGE 5 ISM-KANSAS CITY NEWSLETTER
2012-2013
Monthly Meeting Schedule (Note: Dates Have Been Corrected From June Newsletter)
August 21, 2012 – Jan Miller, ISM National Affiliate Support Location: Hereford House
17244 Midland Drive
Shawnee –Kansas
913-268-8000
http://www.herefordhouse.com/shawnee-hereford-hosue.html
September 18, 2012 – What is the Diagnosis? Jerome Forte (Location TBD)
October 16, 2012 – TBD
November 20, 2012 – Annual Economic Panel (Location TBD)
December – Happy Holidays!
January 15, 2013 – TBD
February 19, 2013 – TBD
March 19, 2013 – TBD
April 16, 2013 – TBD
May 21, 2013 - TBD
PAGE 6 ISM-KANSAS CITY NEWSLETTER
Job Posting
New Job Opportunities Posted on ISM-KC Web
Site, go to:
• http://www.ism-kansascity.org/default.asp
• Log In
• Select Members
• Select Job Postings
• Click on each job for details
Please view the job postings regularly as new jobs are posted throughout
the month.
Current Postings
None Posted -
PAGE 7 ISM-KANSAS CITY NEWSLETTER
MID AMERICA MINORITY SUPPLIER
DEVELOPMENT COUNCIL
(MAMSDC)
DIVERSITY CORNER
MAMSDC can help you and your company take advantage of the
products and services offered by diverse businesses.
Let MAMSDC help you to:
• Develop a Diversity Program for your company
• Locate diverse companies in the local area to meet your product
and service needs
• Locate diverse companies outside the area as well
In a time where most large companies only offer cookie cutter products
and services, diverse businesses can offer custom solutions to meet your
needs.
So get started, click here www.mambdc.org
Upcoming Events:
• August 29th
MidAmerica Minority Supplier Development Council (MAMSDC)
How To Do Business With Honeywell FM&T.
• September 18th
is the 22nd
Annual Golf Outing at Deer Creek Golf Course
Register at www.mambdc.org
PAGE 8 ISM-KANSAS CITY NEWSLETTER
How to Write the Perfect Cover Letter
Your cover letter has only one job. It is meant to entice the reader to open and read your
resume. Sounds simple, but job seekers often stress as much over their cover letter as
they do the resume. If this sounds like you, relax, there is a simple approach to cover
letters that will streamline your application process and give you confidence every time
you send out your resume. Just keep these three cover letter tips in mind and you'll never
stress over writing them again.
1. Keep it short.
More often than not you'll send your cover letter via email or some other electronic
system. Your reader won't be looking at a piece of paper, but at their computer screen.
Ever notice how short your reading attention span is when you're reading text on your
computer? That's why online articles are typically shorter than print articles. The same
holds true for email messages. If you've got 60 messages in your inbox you don't have the
patience for lengthy text. Now imagine you're a recruiter or resume screener and you
must get through a couple hundred resumes in a day. If you want your cover letter read
keep it short, concise and to the point.
2. Focus on qualifications.
Most job seekers freeze up when writing cover letter because they don't know what
information recruiters want to see. The first person in an organization to read your
resume is a recruiter or HR professional who acts as a screener. They are interested only
in identifying candidates who match their set of qualifications. The better the match the
higher the interest. Don't worry about explaining why you are interested in the position,
the screener probably doesn't care. He/she only want to know if you qualify as a viable
candidate. Use the job posting as a guide to know exactly what qualifications to mention
in your cover letter.
3. Don't try to get fancy.
Job seekers get frustrated writing cover letters because they try to make it into a creative
writing exercise. That's not necessary. It's much more important that you keep your ideas
clear and easily understood. When writing about your qualifications do use the same
verbiage to describe your skills as the job posting. You'll make the resume screener's
work much easier and they will recognize you as a perfect candidate match much
quicker.
Using this simple approach will allow you to take a customized approach with each cover
letter you send. Generic cover letters usually sound canned no matter how much time was
spent writing them. Worse, one-size-fits all cover letter looks like it was borrowed off the
page of a sample cover letter book. Would you take the time to read a mass-produced
letter?
PAGE 9 ISM-KANSAS CITY NEWSLETTER
I'm often asked if cover letters are still relevant in today's fast-paced job market. While
the form has changed from paper to electronic they are still a vital part of your job-search
marketing materials. Cover letters provide your first opportunity to make a good
impression on your potential new employer. It pays to write them with clarity and
simplicity.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Deborah Walker, Certified Career Management Coach
Read more career tips and see sample resumes at:
www.AlphaAdvantage.com
email: [email protected]
360-260-4965
Twitter: http://twitter.com/DebWalkerCCMC
PAGE 10 ISM-KANSAS CITY NEWSLETTER
Mid-American States Mid-America Indicators Sink to Recession Lows: Drought Weighs on Region YouTube interview with Dr. Goss can be seen here.
July survey results at a glance:
• Leading economic indicator fell below growth neutral forthe first time since 2009.
• New export orders drop to lowest level since August 2009.
• Business confidence takes biggest one-month plunge since 1994.
• Drought impacting ethanol and food processing plants.
For Immediate Release: August 1, 2012
OMAHA, Neb. – Drought conditions across a nine-state region pushed the Mid-America monthly Business
Conditions Index below growth neutral for the first time since 2009. The index, a leading economic
indicator from a monthly survey of supply managers, declined for a third straight month indicating a rising
likelihood of a recession.
Overall index: The index, which ranges between 0 and 100, fell to 48.7 from 57.2 in June. “As a result of
deteriorating global and national economic conditions as well as drought conditions, the index took its
biggest decline since the recession in November 2008. Over the past several years, the region has benefited
from very healthy exports and robust farm income. These two economic drivers are clearly moving in the
negative direction. Recent gains in the dollar have made U.S. goods less competitively priced abroad.
Combine that with drought conditions and we will see farm income take a hit and that will spill over into
other industries in the region,” said Ernie Goss, director of Creighton University’s Economic Forecasting
Group and the Jack A. MacAllister Chair in Regional Economics.
This month supply managers were asked how the drought was impacting the costs of inputs purchased and
the sales of output sold by their companies. Only 14 percent reported negative impacts on sales while 19
percent reported increasing costs due to the drought. Over the next six months, supply managers expect the
cost of inputs that they purchase to rise by 2.1 percent. “This is slightly higher than expected price
increases from April of this year when we asked the same question,” said Goss.
The Creighton Economic Forecasting Group has conducted the monthly survey of supply managers in nine
states since 1994 to produce leading economic indicators of the Mid-America economy. States included in
the survey are Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and
South Dakota.
“Drought conditions are already negatively affecting ethanol and food processors in the region. In an
earlier survey conducted in rural areas of the region, almost two-thirds of ethanol producers either
temporarily closed or cut back operations due to lower oil prices and to a lack of corn and/or higher corn
prices resulting from the drought,” said Goss.
The forecasting group’s overall index, referred to as the Business Conditions Index, ranges between 0 and
100. An index greater than 50 indicates an expansionary economy over the course of the next three to six
months. The Business Conditions Index is a mathematical average of indices for new orders, production or
PAGE 11 ISM-KANSAS CITY NEWSLETTER
sales, employment, inventories and delivery lead time. This is the same methodology used by the National
Institute for Supply Management, formerly the Purchasing Management Association, since 1931.
Employment: The economic slowdown took its toll on the employment index. While the index remained
above growth neutral for the seventh month in a row, it declined sharply to 51.1 from June’s much stronger
61.8. “While government data on state job growth for July will be positive but tepid, I expect the numbers
to move negative in the months ahead. Very weak new orders and production for July will mean job losses
for firms in August,” said Goss.
Wholesale Prices: The prices-paid index, which tracks the cost of raw materials and supplies, was
unchanged from June’s51.1.“These low readings for our inflation gauge are consistent with weakening
economic conditions. However, I do expect drought conditions in the region to push the index higher in the
months ahead even as the economy continues to slow,” said Goss.
Confidence: Looking ahead six months, economic optimism, as captured by the July business confidence
index, fell to its lowest level since the recession at 38.0, down from June’s 56.7. “This is the largest one
month decline that we have recorded since we initiated the survey in 1994. European economic turmoil,
the impending fiscal cliff, the national economic slowdown and the drought all combined to push the
confidence index to recession levels,” said Goss.
Inventories: The July inventory index sank to 45.7 from 53.9in June. “This is another signal of economic
pessimism as supply managers cut the inventory levels for July in anticipation of slower production in the
months ahead,” said Goss.
Trade: July’s export reading for the Mid-America region declined to 45.2, its lowest level since August
2009, and down from June’s weak 48.4. At the same time, July imports decreased to 46.5 from 51.5 in
June. “Weaker global growth and the rising value of the dollar making U.S. goods less competitive abroad
pushed the export reading lower. At the same time, slower regional growth restrained the demand for
imported supplies and materials. I expect trade numbers to weaken even more in the months ahead for the
nine-state region,” said Goss.
Other components: Other components of the July Business Conditions Index were new orders at 44.0,
down from 57.3 in June; production or sales at 46.7, down from 56.7; and delivery lead time at 55.9, down
from June’s 56.2.
Survey results for August will be released Sept. 4.
Follow Goss on twitter at http://twitter.com/erniegoss
For historical data and forecasts visit our website at:
http://www2.creighton.edu/business/economicoutlook/
PAGE 12 ISM-KANSAS CITY NEWSLETTER
ISM Kansas City Board of Directors
President
Kriss Pearson
Laird Plastics [email protected]
1st Vice President
Manuel Gutierrez, C.P.M.
CenturyLink
Director National Affairs & Past President
LaMar Wilson, Jr.
NAIC
Treasurer
Joel Johnson, CPSM
Secretary
JoAnn Harper, CPSM, C.P.M.
Sprint
Director - Diversity
Maggie Riley MidAmerica Minority Business Development Council – KC
Director – Marketing
Walter D. Strobel
Director – Programs
Esmeralda Phillips
Sprint
Director - Membership
Penelope Wilson
Kansas City Power & Light
Director - Communications
Jim Marinakis, CPSM, C.P.M.
CenturyLink
Director – Education
Joe Steve, CPSM, C.P.M.
Kansas City Power & Light