ISM-Austin, Inc.

A Chapter of the Institute for Supply Management working together to advance the profession of supply management.

Austin's Leading Supply Chain Management Professionals

ISM—Austin, Inc. is a local chapter of Institute for Supply Management®. The mission of ISM—Austin is to serve as a center of excellence in establishing, promoting and maintaining a framework to support the personal growth, employment and professional advancement of its members.

 

 

 

 

Upcoming Events

May

06

2025

Chapter Meeting

ISM-Austin Procurement Contracting Professional Development Course

A one-day ISM-Austin Professional Development Course with Leslie Marell to explore and understand the global approach to reviewing/ negotiating your Contracts. 8 Continuing Education Hours (CEH) for this training and the inclusion of breakfast and lunch for the day.

Location
Renaissance Austin Hotel
9721 Arboretum Blvd
Austin, TX 78759

Contract Goals

                     A global approach to reviewing/ negotiating your Contract:

o   Defining the Deal

o   Identifying “what can go wrong” issues

Explanation of Important Contract Terminology

                     Breach, Liability, Contract Damages (Direct, Incidental, Consequential)

                     Remedies at Law

                     Limitations of Liability & Importance to Supplier

                     Term; Auto Renewal; Termination

                     Warranties

                     Indemnity: What it means; Why it’s important. Relationship to the above issues

                     Insurance: What it covers and doesn’t cover

Importance of the Statement of Work

                     Don’t just leave it to your Stakeholder

                     Approaches to better collaboration with Stakeholders

                     Should we start with the Supplier’s SOW?

                     Key Issues to address:

o   Deliverables, Payment Milestones

o   Acceptance

o   Thinking through “real world” worst-case scenarios

Warranties

                     “Plain English” explanation

o   The “practical” aspects and “legal” aspects

o   The FIVE warranties

o   Warranty Remedies

                     Relationship to SOW            

                     Issues your Stakeholder should discuss with the Supplier

                     Explanation of Implied Warranties; Disclaimers

The “Battles of the Forms”

                     What is the Battle of the Forms

o   What it is NOT

                     Guidelines in “fighting the battle”

                     Real world approaches and suggestions to avoid disputes

Demystifying the “Legal” Clauses

                     Explanation of underlying concepts

                     Discussion of Buyer and Supplier perspectives

                     Review of both Buyer and Supplier clauses

o   Approaches to negotiation

Working with Legal

                     What not to do

                     What to do before you give your contract to Legal

                     Creating a better working relationship with Legal to get faster/ better counsel.

Techniques of Effective Negotiating

                     Approaching Negotiations

                     Tips

Major Contract Areas 

                     TEN Contract Categories/ Areas Identified

                     Included are:

o   Sample Buyer clauses with explanations

o   Sample Seller clauses with explanations

o   Clear-cut example clauses for: statement of work, warranties, breach, termination, damages, indemnification, insurance, and boilerplate

 

Sponsor: 035 ISM—Austin, Inc.
Renaissance Austin Hotel
Leslie Marell

May

06

2025

MEMBER WEBINAR
Member Only

Member Orientation

This webinar provides knowledge regarding the many benefits that come with being a part of the ISM community. Join us and learn about the essential tools, vibrant community, and exceptional learning that enhances your professional development. You'll also gain insight into the array of programs, services, and resources that are available to you through your membership.

May

08

2025

MEMBER WEBINAR
Member Only

Unlocking Profit in a De-Globalized World: Procurement’s New Paradigm

As de-globalization reshapes supply chains, businesses face skyrocketing costs and shrinking margins. Traditional procurement cost management falls short in this new reality. How can procurement leaders navigate these turbulent waters?

Discover a new strategy that transforms procurement from cost center to value creator. Through a case study, you will learn how this paradigm shifts not only weathered inflationary pressures but fueled profitable growth. Join me to reimagine procurement's role in your organization's success and gain actionable strategies for immediate impact.

Audience Members Will:

  • Implement a new framework to reduce product costs by over 30% in an inflationary market.
  • Leverage procurement insights to shape product strategy.
  • Collaborate with business to enhance market competitiveness and drive profitable revenue growth.

Online

Message from the President

Greetings from the ISM—Austin Board!

Texas summer is here again with scorching temperatures and high humidity. Just a friendly reminder to be careful when outside and make sure to stay hydrated. Despite the heat, the Board and Events committee continues to work hard planning new events and educational opportunities. As we finalize topics, speakers and dates, additional information will be available on our website. Please check the upcoming events section for more details and registration links. We hope to see you at an upcoming event.

There are a few Board and committee positions available so if interested in joining the Board, please contact any of the Board members. We are also available to answer any questions about membership or ISM-Austin activities. Speaking of membership, please ensure your membership is in good standing. This will guarantee you will receive all ISM-Austin communications and not miss out on any upcoming opportunities and activities.

If you have travel plans this summer, safe travels. Stay well and healthy.   

Supply Management News & Reports

The 9 ROIs of Adopting a Dedicated SRM System

April 21, 2025
Articles
  • Sponsored Content | Procurement has evolved. What used to be a transactional function is now a strategic driver of innovation, risk management, and sustainable growth. But despite this shift, many procurement teams are still relying on outdated tools to manage their suppliers — ERPs, spreadsheets, and email threads that weren’t built for the complexity of modern supply chains.
Read More

Join ISM

Your membership in ISM will provide a powerful path to stay connected, engaged, and up-to-date with everything happening in supply management. Serious procurement and supply chain professionals are dedicated to staying in the know about their profession and staying at the top of their game. An ISM membership will provide you with that and more.

More than 100 years of experience speaks for itself – ISM can help you succeed. It's our mission.

Become A Member

ISM World 2025 Registration Open

Join your peers in Orlando, Florida, June 1-3, 2025. The ISM World Annual Conference is a world-class event designed to inspire fresh thinking and provide an educational experience that unites thought leaders, supply chain and procurement professionals, and the innovative suppliers that support them.

You'll leave with new connections, fresh insights, and the inspiration to spark new ideas within your professional community. Register today for the best rates!

Register Today

Join the Report On Business®  Survey Panel

ISM®'s Manufacturing, Services, and Hospital Report On Business® gather data monthly through surveys of supply management professionals participating in the Business Survey Committee.

Participation in the survey panel provides many benefits:

  • Receive a copy of the just-released Report On Business® graphical data
  • Directly see how your contribution affects the markets each month
  • Earn Continuing Education Hours

Click the link below to submit your information and someone will reach out to connect for a quick virtual call!

Join the Survey Panel