--- To enhance the value and performance of procurement and SCM practitioners and their organizations worldwide ---


Enhance the Value and Performance of Practitioners and their Organizations Worldwide:


ISM Headquarters closes on Monday, May 27, 2013, in observance of Memorial Day and reopens on Tuesday, May 28, 2013.

The Institute for Supply Management™ (ISM) is the first supply management institute in the world. Since 1915, ISM has executed and extended its mission through education, research, standards of excellence and information dissemination — including the renowned monthly ISM Report On Business® — and maintains a strong global influence among individuals and organizations.


Glossary of Key Supply Management Terms TERM OF THE DAY:

MINORITY BUSINESS ENTERPRISE

Any legal entity, organized to engage in commercial transactions, that is at least 51% owned and controlled by one or more minority persons who are American citizens. Ownership interest in the organization must be real, substantial and continuing.


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