ISM Services Group Announces University Scholarship Winners

Nine students receive $1000 University Relations scholarships

TEMPE, Ariz., December 13, 2006 — The Institute for Supply Management™ (ISM) Services Group announces the winners of the 2006 University Relations scholarships. Each student received $1,000 plus sponsored registration and travel allowance to the ISM Services Conference that took place Dec. 7-8, 2006 in Scottsdale, Ariz.

The following students were presented with awards:

• Ankush D'Souza, Amy Smith, Wenting Yue: Arizona State University
• Neha Sawhney, Matthew Fisher: Penn State University
• Scott Thinglum, Joshua Fitzpatrick: Western Michigan University
• Alex Ward, Marcus Brown: Michigan State University

The Services Group's University Relations efforts focus on four main areas: mentoring, internships, scholarships and on site activities. The ISM Services Group is one of several groups comprised of ISM members with common interests for education and networking in various topics.

"One of our group's key focuses is investing in the education of future supply management professionals," says Marty Bell, C.P.M., A.P.P., member of ISM Services Group Leadership Team. "Scholarships and other funding are a great way to assist students in top supply management degree programs."

As the oldest and largest supply management institute in the world, the mission of Institute for Supply Management™ (ISM) is to lead supply management. By executing and extending its mission through education, research, standards of excellence, influence building and information dissemination — including the renowned monthly ISM Report On Business® — ISM continues to extend the global impact of supply management. ISM's membership base includes more than 40,000 supply management professionals in 75 countries. Supply management professionals are responsible for trillions of dollars in the purchases of products and services annually. ISM is a member of the International Federation of Purchasing and Supply Management (IFPSM).

ISM defines supply management as the identification, acquisition, access, positioning and management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. Further, supply management is: future oriented, senior-management critical, strategic in relation to the competitive imperatives of the organization, and a significant contributor to marketplace intelligence and profitability. Components included under the supply management umbrella are: purchasing/procurement; strategic sourcing; logistics; quality; inventory control; materials management; warehousing; transportation/traffic/shipping; disposition/investment recovery; distribution; receiving; packaging; product/service development and manufacturing supervision.

Link to article on ISM website