Message from the President

Inside This Issue:1 Message from the

President

2-3 Upcoming Events and

Meeting Schedule

4 Education Committee

5 Outreach Committee

Veterans Thank You

6 Marketing Committee

7-8 Financial Corner

9 Resume Builder –Member

Opportunities

10 ISM KC Vision/Mission

Statement

11 ISM~KC Board of

Directors **Director-

Marketing Position Open**

MONTHLY NEWSLETTERInstitute for Supply Management – Kansas City, Inc.

January 2016

New Year - New You!What are you goals for 2016? Not your bosses goals or company goals . . . but

what will you do differently or start for yourself in 2016? Do you want to gain

professional knowledge and education? Do you want to get a new job? Do you

want to meet new people who are professionals and understand your challenges

at work? If any of these are on your list, ISM-Kansas City can you help you meet

your goals. Our monthly programs are intended to educate you on current

Supply Chain topics.  Our CPSM training will allow you to elevate your

professional knowledge, and our classes are offered at a fraction of the cost of

other CPSM training.  The networking and mentor opportunities are endless with

this professional group.  You just need to take the first step to engage us, and

attend the events.  Don't just show up, but make sure you navigate your way

around the room to meet all the attendees, Board of Directors, and committee

members.

We have some great programs lined up for you in 2016.  January and February

are lunch meetings, which are intended to educate you and improve your

professional knowledge, and to also get you out of the office for some networking

with local supply professionals.  On January 19th, our pre-meeting will be

presented by Lisa Perry, from Cerner, who will focus on the importance of Social

Media for your company.  Then you will learn about Media Buying from the CEO

of Media Management, Inc., Thomas Bridge.  Join us for lunch, and feed your

brain at the same time!

The ISM-Kansas City Board published a survey last week.  Please take this

opportunity to provide us with your valuable input and we strive to improve this

organization and meet the needs of our members.  The survey results will be

published in our February newsletter.

New Year . . . New You!  I wish you the best in 2016.  Set some professional

goals this year and make this the best year for your career.

 Michelle Burdine, C.P.M.ISM-Kansas City PresidentBNSF Railway - Strategic Sourcing Manager

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2016 ISM Kansas CityUpcoming Events and Meetings Schedule

The 2015-2016 Program Committee has an amazing line-up of educationalevents scheduled for the coming months. If you have any program ideas orhave knowledge of experts that we can contact, or topics for us to research,please reach out to Mary.Hunter@CenturyLink.com.

Below is a list of our upcoming meetings and events:January 19 (11:00am-1:30 pm/2 CEHs) – SCM and social media pre-meeting &MEDIA BUYING

"Using Social Media -- Corporate Cure or Curse?!"Pre-Meeting Presented by

Liza PerrySenior Program Coordinator, Cerner

"What SCM Needs to Know about Media Buying"Luncheon Program Presented by

Thomas BridgeCEO, Media Management Inc.

Tuesday, January 19, 2016Hereford House (I435 & Midland Drive)

17244 Midland Drive, Shawnee, KSPre-Meeting 11:00 – 11:45 AM; Lunch 12:00 PM; Program 12:30-1:15 PM

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2016 ISM Kansas CityUpcoming Events and Meetings Schedule

February 16 (11:00am-1:30 pm/2 CEHs) – Diverse supplier pre-meeting &DIVERSITY AT ITS BEST

March 15 – National Purchasing Month – TOTAL COST OF OWNERSHIP &TOUR OF CAVES

April 19 – HEALTHCARE

May 9 – ISM-KC Golf Tournament at WinterStone

May 17 – SUSTAINABILITY / ENERGY FOOTPRINT

Past speaker presentations may be found on the ISM-KC website underDocuments and Files > Documents.

Local Partner & National EventsJanuary 22nd - Embracing Technology Challenges in International Logistics

International Trade Council of Kansas City· Breakfast Meeting, 7:30 am – 9am· Classic Cup Cellar in Kansas City, MO· Dan Bentzinger from MIQ Logistics will address the technology

challenges he sees in international logistics, how MIQ has addressedthose challenges, and what challenges lie ahead.

February 10th – 12th - ISM Diversity 2016 in New Orleans!· Career Advice· Sharing Professional Experiences: Through the Eyes of Supply

Management Professionals· Generational Diversity in Action· SCM in Different Industries: What's Different and What's the Same?· Early Bird Pricing Expires 1/16/16

March 14th – 16th - Global Procurement Tech Summit 2016 in Baltimore!· The supply management world is constantly changing and you can’t

afford to get left behind. Modern procurement organizations and thetechnology they use will take center stage for two days of opendiscussions blended with expert research, commentary and analysis.

· Presenters from IBM and Amazon· Mobile Procurement and technology innovation tactics

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ISM-Kansas City Education Committee

ISM Scholarship

ISM – Kansas City has established a scholarship program to assist membersand their immediate families who plan to continue their education at acollege level, and/or are pursuing a CPSM or CPSD certification.Scholarships are offered each year.

The Scholarship Committee of ISM – Kansas City will administer thisscholarship program. Awards are granted without regard to race, color,creed, religion, gender, sexual orientation, veteran status, disability, ornational origin.

All applications are due by close of business on Tuesday, March 1,2016.Eligibility:

· Active members in good standing with the local ISM – Kansas City,immediate family member, student member, or life time member.

· ISM – Kansas City family member, who are high school seniors or highschool graduates who plan to enroll, or students who are alreadyenrolled, in a full-time college program at an accredited two or four-year college or university with a minimum GPA of 3.0 on a 4.0 scale orequivalent B average.

· ISM – Kansas City members in good standing who are pursuingadvanced certification, i.e., CPSM.

* Full-time study is defined as full-time enrollment for the entire upcomingacademic year.

Select the link below for details, instructions and application:https://www.ism-kansascity.org/chapters/ism-ism-kan/scholarship.cfm

ISM-Kansas City Education CommitteeJoe Steve CPSM- Kansas City Power & Light

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ISM-Kansas City Outreach Committee

We have all heard of it, but what makes up Supplier Diversity?ISM defines Supplier Diversity as an organization’s efforts to include differentcategories of suppliers in its sourcing process and active supply base and toaddress the opportunities and challenges that arise from differences andsimilarities. Supplier diversity is a proactive business process that seeks to providediverse suppliers equal access to purchasing opportunities and promotes supplierparticipation reflective of a company’s diverse customer base and the diversebusiness community.During our February program, our guest speaker, Joyce Christanio, SeniorManager, Supplier Diversity for Sprint, will provide an overview of what makes asuccessful Supplier Diversity program and why it may be in your company’s bestinterest to have one.

Additionally, for those that may be interested inleading a Supplier Diversity program, or if youwant to show your commitment to SupplierDiversity with a professional certification, we willprovide an overview of the Certified Professionalin Supplier Diversity (CPSD) program andcertification. Note: There is no requirement tohave your CPSM prior to earning your CPSD.In addition to our focus on Supplier Diversity andprofessional development, we continue toreach out to other professional organizations

who share common interests with ISM-KC. We have sent information regarding ourQ1, 2016 meetings to the International Trade Council and the Council of SupplyChain Management Professionals (CSCMP) in order to open an opportunity forinclusion of their membership in our professional meetings.From the Outreach Committee members, we wish all of our ISM-KC members avery Happy New Year!

Co-Chairs of the ISM-Kansas City Outreach CommitteeDonna Brozoski- Kansas City Power & LightManny Gutierrez- Waddell & ReedTed Lockwood – Sprint

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ISM-Kansas City Marketing Committee

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Financial Corner with Ernie GossThe Uptick in Interest Rates

What is your reaction to Janet Yellen and the Federal Reserve Bank raising interestrates? Let’s ask one of our favorite economists, who presented at the Novemberdinner meeting.

Ernie Goss, Ph.D.MacAllister Chair & Professor of Economics, Creighton University

No surprises and that was one of their objectives—do not surprise the markets.

Regarding the Fed rate hike, the real issue is the language surrounding theincrease. That is, short term interest rates, except for the prime interest rate, havealready incorporated a 25 basis point hike. In other words, a rate hike of 1/4% isbaked into short term rates. If the FOMC (Federal Open Market Committee) issueslanguage that is suggestive of more rate hikes as early as the first quarter of2016, short term interest rates are likely to increase even more (since this is notbaked in). Janet Yellen was very cautious in her statements indicating that theywill be "data driven" regarding future rate increases. I am astounded that theyeven say this. How could FOMC actions be anything other than data driven? Dowe really think that their actions will be driven by the alignment of the stars?

The real issue that has significant ramifications for the Mid-America economy iswhat happens to the value of the U.S. dollar. If global investors expect even morerate increases in early 2016, the value of the U.S. dollar will move even higheragainst other currencies making U.S. goods less competitively priced abroad. Thiswill have a dampening impact on agricultural commodity prices, farm incomeand the overall Mid-America economy. Additionally, U.S. and Mid-Americamanufacturing, particularly that dependent on exports, will be negativelyimpacted. But again a 25 basis point increase is baked into the value of the U.S.dollar today.

Even though long term interest rates will be practically unaffected by the Fedannouncement, I expect a rate hike to encourage potential home buyers topurchase today before mortgage rates do head higher. When December homesales are announced in early 2016, I expect them to be jump quite significantlyover sales for December 2014.

Cont…

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Long term interest rates will be little affected by the rate hike or the Fed languagesurrounding the increase. Long term interest rates such as the 10-year U.S.Treasury bond yield and mortgage rates are driven, not so much by Fed actions,but by expected inflation and financial risks. As inflation rises, long-term interestrates increase. As global financial risks increase, U.S. long term interest ratesdecline as global investors seek the safety of U.S. Treasury bonds.

For more from Ernie visit the websites below:websites www.outlook-economic.com www.ernestgoss.comblog www.economictrends.blogspot.com

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We invite you to get involved with ISM-Kansas City by attending the meetings and becominga committee member. The committees listed below provide opportunities for you toparticipate, and during the nine months we meet, members generally spend less than 2hours per month! That’s immediate return on investment for the networking and leadershipskills that result from your participation. Where is your passion or desire to learn? Noexperience required! You will find the work rewarding and fun. Please let Michelle Burdineknow if you are interested (Michelle.Burdine@BNSF.com or 913-577-5537).

Standing Committees

Communication –Besides the managing the website, this group is responsible for sending monthlycommunications to the membership, and publishing the newsletter.

Outreach –While all of the committees work together cross-functionally as needed, this committee has thebroadest of responsibilities to find outside opportunities that will bring value to our membership by reaching outto the Diversity council and other professional organizations in Kansas City. Their efforts will bring informationand programs to our membership.

Education –This committee has the charge to plan and roll-out larger seminars, such as the CPSM studycourse, and manage the scholarship program. April is ISM Awareness month.

Marketing –The Marketing Committee identifies and takes advantage of opportunities for corporate, universityand student outreach. This includes social media and attending events to raise awareness about ISM-KansasCity. We are currently seeking committee members and a new marketing director!

Membership –This team takes care of membership campaigns, new member orientations and membershiprenewals.

Nominating –Become familiar with those who can take an active interest in ISM-Kansas City.

Programs –Programs for membership meetings are held January through May and August throughNovember. The committee is responsible for identifying speakers, tours and the logistics associated with thosemeetings.

Special Events (Golf) –Some of the events are larger in nature and require a dedicated team to drive. In thiscase, we have a Golf Committee that is responsible for giving oversight to this annual fund-raising event.

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Vision

ISM-KC provides a forum for networking and continuing education inpursuit of new ideas, new tools, and the evolution of purchasing andsupply management. ISM-KC functions as a resource and advocatesfor purchasing and supply management professionals in the regionand as a resource to the business community.

Mission

Members of ISM-KC, Inc. are recognized as world class supply chainprofessionals. ISM-KC serves as a center of excellence inestablishing and maintaining best-in-class professional standards ofcompetency and ethical conduct.

Revision and approval date: September 24, 2015by Michelle Burdine, President

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2015-2016 ISM-Kansas City Officers and BoardMembers