Institute for Supply Management (ISM)

Institute for Supply Management (ISM),

Definition of Institute for Supply Management (ISM):

  1. With more than 50,000 members across 100 countries, the Institute for Supply Management (ISM) has offered certifications, career help, training and peer networking since its inception in 1915 — making it the largest and oldest non-profit organization of its kind.

  2. The organization was initially called the National Association of Purchasing Agents, when it was founded in 1915. The name was changed in 2002. ISM also created the Certified Professional in Supply Management (CPSM) certification.

  3. A non-profit association whose focus is to aid the purchasing and supply management professions. Founded in 1913 as the New York Association of Purchasing Management (NAPM), it changed its name to the Institute for Supply Management in 2001 to recognize individuals whose roles have expanded. It is based in Tempe, Arizona and offers educational products and programs to individuals in these fields. It produces a monthly publication called Inside Supply Management which forecasts economic trends in the manufacturing and nonmanufacturing sectors.

Meaning of Institute for Supply Management (ISM) & Institute for Supply Management (ISM) Definition