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Joined November 2008
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.@ISM Services PMI® Report: Strong growth in business activity and new orders continued, but #employment has yet to follow. Meanwhile, prices remained elevated and inventory levels tied an all-time high as the #ISMPMI improved to 54.5% in May. bit.ly/4ejdbIG #economy
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ICYMI 🔊 #Procurement's biggest challenge often isn't strategy — it's execution. Clear goals mean little without ownership, accountability and a structured path to action. For #supplychains, results come from execution systems, not PowerPoint slides. hubs.li/Q04k85k60
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ICYMI ⚡ AI's biggest impact on #supplychains may be what it gives back: time. As automation handles routine tasks and #AI agents support complex workflows, #procurement teams can focus more on strategic decision-making, supplier relationships and risk. hubs.li/Q04k88QM0
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In the latest Inside Supply Management® Weekly: Services demand remains strong as inventories are climbing. Plus: negotiation strategies that create value, and the criticality of chips. Subscribe ➡️ hubs.li/Q04kD6sL0 @ISM’s Tariff Resource Center ➡️ hubs.li/Q04kD4Xn0
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ICYMI 🌎 The Strait of Hormuz disruptions are about more than oil. Rising fuel costs, longer routes and freight volatility are exposing how vulnerable efficiency-focused #supplychains can be — and resilience is quickly becoming a business necessity. hubs.li/Q04k88PK0
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ICYMI 💡 #AI is now making #procurement decisions, not just recommending them. As autonomous systems place orders, switch suppliers and trigger payments, the real challenge for companies and #supplychains becomes governance, accountability and authority. hubs.li/Q04k7nbw0
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The Services #ISMPMI data for May showed companies are stocking up inventories because they expect demand to continue, but they’re not increasing #employment at the same pace. The @ISM® PMI® Reports Roundup from Inside Supply Management® has more. hubs.li/Q04j-Vj_0 #economy
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Institute for Supply Management retweeted
Replying to @business
@business: “Treasuries recouped some of their losses after … the (@ISM® Services PMI®) for May included measures of prices paid by companies and employment in the sector that were lower than estimated. The (#ISMPMI) topped the median estimate.” tinyurl.com/4rm45rwx #economy
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Institute for Supply Management retweeted
Get #ISMPMI insights straight from the source in the @ISM® PMI® Reports LinkedIn Live broadcast today at noon ET/9 a.m. PT. The Chair of ISM’s Services Business Survey Committee, Steve Miller, joins me to discuss the May data and takeaways. hubs.li/Q04j6s7G0 #economy
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.@ISM’s Steve Miller: “(Most services-sector) industries reported that they were holding flat in #employment month over month. Respondents reporting new orders were higher than last month most frequently attributed this to seasonality.” bit.ly/4ejdbIG #ISMPMI #economy
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The Services #ISMPMI Inventories Index soared 9.4 points in May to 62.5%, tying May 2010 for its highest reading ever. However, the Inventory Sentiment Index (55.2%) barely budged, suggesting companies are confident in future business activity. bit.ly/4ejdbIG #economy
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#ISMPMI panelist in Wholesale Trade: “Capital expenditure energy projects continue to be delayed or revamped based on macroeconomic factors. Data center power generation projects are driving demand and reducing available (piping inventory).” bit.ly/4ejdbIG #economy
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Institute for Supply Management retweeted
Demand measurements continued to grow — and so did prices — while #employment dipped slightly and companies stocked inventories at a record-high level. Those details and more in the @ISM® Services PMI® Report for May; the #ISMPMI registered 54.5%. bit.ly/4ejdbIG #economy
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Institute for Supply Management retweeted
The Services #ISMPMI demand gauges are on multimonth runs in expansion, but the #Employment Index is stubborn. It went down to 47.9% in May, a third month in contraction, with 17.2% of surveyed companies reporting #jobs reductions, up from 14.5%. bit.ly/4ejdbIG #economy
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Institute for Supply Management retweeted
The Services #ISMPMI Prices Index has stabilized but is still ticking up: The May reading of 71.3% is the highest since August 2022 (72.6%). For the *third* straight month, no commodities were reported as down in price; 31 were listed up in price. bit.ly/4ejdbIG #economy
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Institute for Supply Management retweeted
#ISMPMI panelist in Accommodation & Food Services: “(T)ariff policy dynamics and the conflict in the Persian Gulf (are affecting) our pricing. … We expect significant cost increases to impact us by late second quarter (Q2) and definitely in Q3.” bit.ly/4ejdbIG #economy
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Learn what the May #ISMPMI data says about the sector making up most of the U.S. #economy during the @ISM® PMI® Reports LinkedIn Live broadcast featuring Steve Miller, Chair of our Services Business Survey Committee, on Wednesday at noon ET/9 a.m. PT. hubs.li/Q04j6s7G0
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In the latest Inside Supply Management® Weekly: #Manufacturing hits a four-year high, #tariffs policies continue to shift, and how hidden legacy-system risks can threaten operations. Subscribe ➡️ ismworld.org/#news @ISM’s Tariff Resource Center ➡️ ismworld.org/tariff
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The @ISM® PMI® Reports Roundup from Inside Supply Management®: Five months of Manufacturing #ISMPMI expansion signals time to stop calling it a spike. Demand is real, so the question now: Can soaring prices and Middle East disruptions derail it? bit.ly/4nYKJ1Y #economy
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