Afternoon Coffee: PMAC Recognized By IFPSM, US Manufacturing Shrinks, Sandy Boosts Car Sales

"This external recognition certifies that the SCMP designation program is amongst the best in the world..."
Purchasing Association in Canada Announces its Supply Chain Management Professional Designation Receives Recognition from an International Purchasing Management Association -- The Purchasing Management Association of Canada's (PMAC) professional accreditation program, which leads to its Supply Chain Management Professional (SCMP) designation, has received global recognition from the International Federation of Purchasing and Supply Management (IFPSM) as meeting the highest standards in supply chain education. PMAC's program is the first in North America to receive this honour, and only the second in the world.

"The ISM indexes were generally mixed."
U.S. Manufacturing Shrinks More Than Expected -- The U.S. manufacturing sector fell back into contraction last month and employment weakened sharply, according to data released Monday by the Institute for Supply Management. The ISM's manufacturing purchasing managers' index unexpectedly fell to 49.5 in November from 51.7 in October. A reading above 50 indicates expanding activity.

"It is providing a welcome boost to the recovering US car industry."
Hurricane Sandy boosts car sales in the US -- n the US, the devastation wrought by Hurricane Sandy has pushed up demand for new cars as those affected head to showrooms to replace their flooded cars.

Manufacturing orgs vs. Dodd-Frank
Congressional Mandate Shores up SEC Position on Conflict Minerals -- This is the second part of a two-part series examining the legal arguments put forward by manufacturing organizations against section 1502, the Conflict Minerals rule passed as part of Dodd-Frank. Readers can read the first part here.

- Sheena Moore

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