About > About ISM

Institute For Supply ManagementTM

ISM Overview

Mission Statement: ISM exists to lead and serve the supply management profession.
Founded in 1915, the Institute for Supply Management™ (ISM) is the largest supply management association in the world as well as one of the most respected. ISM’s mission is to lead the supply management profession through its standards of excellence, research, promotional activities, and education. ISM’s membership base includes more than 40,000 supply management professionals with a network of domestic and international affiliated associations. ISM is a not-for-profit association that provides opportunities for the promotion of the profession and the expansion of professional skills and knowledge.

A not-for-profit association, ISM offers a wide range of educational products and programs. As a member of ISM you receive:

  • Inside Supply Management®, the award-winning monthly publication featuring the latest trends and information for the purchasing and supply management professional. Included in each issue of the magazine is the Manufacturing ISM Report On Business®, a long-established purchasing survey and indicator of economic trends, noted for its accuracy. The report is considered by many to be the most reliable near-term economic barometer available. Also included in the magazine will be the new Non-manufacturing ISM Report On Business®. This report debuted June 3, 1998 and is an economic forecaster for the non-manufacturing sector.
  • Access to the Members Only area of the ISM Web site which includes an extensive database of information, articles and other resources as well as the Online Career Center.
  • Access to the CAPS Research, the premier non-profit research center dedicated to supply and supply chain issues. ISM members may register at the CAPS Research web site and download CAPS Research focus studies, benchmarking reports, critical issues reports, and best practices articles.
  • ISM’s Principles and Standards of Ethical Supply Management Conduct, first adopted in 1923, which remains one of the outstanding ethical statements in modern business.
  • Networking opportunities during ISM sponsored seminars and conferences, and other special events.
  • Discounts of up to 50% on ISM sponsored programs, products, and Annual Conference.

Professional Credentials:

Certified Professional in Supply Management® (CPSM®) Program

cpsm_logo

Challenge yourself and make the move to gain supply management’s most prestigious designation. ISM launched the Certified Professional in Supply Management® (CPSM®) program in May 2008. The CPSM® is the credential that surpasses the demands of the international marketplace with multi-faceted skills in areas such as finance, supplier relationship management, organizational global strategy and risk compliance.

Certified Professional in Supplier Diversity™ (CPSD™) Program

cpsd_logo

The Certified Professional in Supplier Diversity™ (CPSD™) is a new professional designation for supply management professionals whose responsibilities include supplier diversity. This designation also delivers added value to business leaders and other team leaders who participate in the development of diverse supplier initiatives within the organization. The CPSD™ is a professional designation for supply professionals who demonstrate knowledge, skills and expertise in supplier diversity. CPSD™ is also for business professionals with responsibility for strategic diversity initiatives. This professional designation demonstrates to your employer, your colleagues, your suppliers and even your customers that you are serious about helping your organization and diverse suppliers succeed.

Certified Purchasing Manager (C.P.M.) Program

cpm_logo

The Certified Purchasing Manager (C.P.M.) is no longer available for testing and is moving toward recertification-only status. You must have already successfully passed all four modules of the C.P.M. in order to apply and achieve the designation. Remember your exam scores expire five years from the date the earliest exam was taken or by December 31, 2013, whichever comes first.

The Certified Purchasing Manager (C.P.M.) program covers the operational aspects of purchasing, but also includes supply functions such as agreements, negotiations, technology and relationship management.

Those already holding the C.P.M. designation may continue to apply for recertification or lifetime recertification.

Accredited Purchasing Practitioner (A.P.P.) Program

app_logo

The Accredited Purchasing Practitioner (A.P.P.) designation is no longer available for testing and is in recertification-only status. Individuals already holding the A.P.P. designation may still apply for reaccreditation.

The A.P.P. designation focuses on entry-level purchasing functions for those primarily engaged in the operational side of the supply chain.

Current A.P.P.s in good standing are encouraged to maintain their expertise through reaccreditation. If your A.P.P. lapses beyond the one year grace period, you will not be able to reinstate your A.P.P. designation.

If you would like additional information about the CPSM™ or other professional credentials offered by ISM, please call 800/888-6276, option 8, or e-mail custsvc@ism.ws or write to:
ISM
Attn: Customer Service
2055 E. Centennial Circle
P.O. Box 22160
Tempe, AZ 85285-2160

Principles & Standards of Purchasing Practice

Loyalty to your organization, Justice to those with whom you deal, Faith in your profession.

From these principles are derived the ISM standards of purchasing practice. (Domestic and International)

  1. Avoid the intent and appearance of unethical or compromising practice in relationships, actions, and communications.
  2. Demonstrate loyalty to the employer by diligently following the lawful instructions of the employer, using reasonable care and only authority granted.
  3. Refrain from any private business or professional activity that would create a conflict between personal interests and the interests of the employer.
  4. Refrain from soliciting or accepting money, loans, credits, or prejudicial discounts, and the acceptance of gifts, entertainment, favors, or services from present or potential suppliers that might influence, or appear to influence, purchasing decisions.
  5. Handle confidential or proprietary information belonging to employers or suppliers with due care and proper consideration of ethical and legal ramifications and governmental regulations.
  6. Promote positive supplier relationships through courtesy and impartiality in all phases of the purchasing cycle.
  7. Refrain from reciprocal agreements that restrain competition.
  8. Know and obey the letter and spirit of laws governing the purchasing function and remain alert to the legal ramifications of purchasing decisions.
  9. Encourage all segments of society to participate by demonstrating support for small, disadvantaged, and minority-owned businesses.
  10. Discourage purchasing’s involvement in employer-sponsored programs of personal purchases that are not business related.
  11. Enhance the proficiency and stature of the purchasing profession by acquiring and maintaining current technical knowledge and the highest standard of ethical behavior.
  12. Conduct international purchasing in accordance with the laws, customs, and practices of foreign countries, consistent with United States laws, your organization policies, and these Ethical Standards and Guidelines.

ISM Antitrust Policy

It is the express policy and intention of ISM to comply at all times with all existing laws, including the antitrust laws, and in furtherance of this policy, no activity or program will be sponsored or conducted by or within ISM or any association affiliated with ISM which in any manner whatsoever will represent or be deemed a violation of any existing law, including the antitrust laws. This statement of policy will be implemented by the publication of the “Principles for Antitrust Compliance,” “Standards for ISM Activities,” “Standards for Membership and Professional Self-Regulation” and “Standards for Conduct & Use of Surveys” which are available to all members of the association upon request.