What is the ISM Institute of Supply Management?

The term ISM Institute of Supply Management refers to a nonprofit supply management association that has been instrumental in shaping the supply management and purchasing professions for over a century. Founded in 1915 as the National Association of Purchasing Agents, the ISM has grown into the largest organization of its kind, focusing on education, certification development, and research.

A Brief History

The ISM's journey began in 1915, initially under the name National Association of Purchasing Agents. Over the years, it adapted to changing industry needs and rebranded itself as the ISM Institute of Supply Management in 2002. This change reflected the organization's broadened scope and commitment to diverse supply management practices.

Key Roles of the ISM

The ISM plays a pivotal role in the supply management and purchasing industries. It offers a comprehensive range of services designed to advance professional standards and knowledge. These services include certification development, educational programs, and cutting-edge research.

Certification Development

One of the core services provided by the ISM is the development of certification programs. Through its certification programs, individuals can earn prestigious titles such as the Certified Professional in Supply Management (CP Pom) or the Certified Professional in Supplier Diversity (CP SD). These certifications validate the expertise of professionals in managing supply chains and fostering diverse business relationships.

Education for Professionals

The ISM offers a variety of educational programs to help professionals stay updated with the latest trends and practices in the supply management field. These programs are designed to meet the needs of both novice and seasoned professionals, providing valuable insights and practical skills.

Research and Publications

Another significant contribution of the ISM is its extensive research initiatives. The organization conducts in-depth studies and publishes reports that serve as valuable resources for businesses, policymakers, and industry professionals. Perhaps one of the most notable publications is the ISM Manufacturing Report on Business, featuring three key indexes: