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Digesting the June ISM Non-Manufacturing Index

July 6th, 2010 · No Comments

The ISM NMI (Non-Manufacturing Index) came in at 53.8, which is down from 55.4 in May. The Business Activity Index was 58.1, down from 61.1 in May, and New Orders was 54.4, down from 57.1 in May. The employment index came in at 49.7, slightly below the growth threshold of 50. Here are some bullet points about [...]

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Tags: AribaLIVE · Services Procurement · sourcing · supply management · supply market dynamics

January PMI: Signs of sustained recovery?

February 1st, 2010 · No Comments

The ISM’s PMI came in at 58.4 for January, which is significantly higher than I expected (I was thinking it would be around 55). This is the highest number in five years, and it is a clear indicator that the recovery we started seeing in the fourth quarter is showing signs of sustainability. [...]

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Tags: supply market dynamics

December ISM Index: What does it mean?

January 11th, 2010 · 1 Comment

This week, the Institute for Supply Management (ISM) released their manufacturing and services numbers for December. The non-manufacturing (services) number came in at 50.1%, which was right around expectations. While it did move slightly into the “growth” region (above 50), it certainly did not blow away the street and indicate that all is on the [...]

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Tags: Services Procurement · supply management · supply market dynamics · supply risk

Notes on November ISM Manufacturing Numbers

December 1st, 2009 · 1 Comment

Today the Institute for Supply Management (ISM) released their report on manufacturing activity in November. A few of the highlights:

PMI (Manufacturing Index) for November came in at 53.6, which still indicates that the sector is in expansion mode. This is the 4th consecutive month above 50, although the number was down slightly from October [...]

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Tags: sourcing · supply management · supply market dynamics

Procurement: Are the good times over? (Video)

November 13th, 2009 · No Comments

Following on the heels of his analysis of ISM’s October numbers, Pat Furey shared his team’s insights into the current state of the sourcing/procurement/category market. Pat also discussed some of the potentials risks and challenges that procurement departments are likely to encounter in the next 12 months.

Justin Fogarty is Managing Editor of Supply Excellence. For [...]

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Tags: supply management