Supply Management Handbook Continues as Profession's Foremost Reference

FOR RELEASE: October 25, 2006

Media Contact: Jean McHale
  ISM Public Relations
  800/888-6276, Ext. 3143
  E-mail: jmchale@ism.ws

All-new seventh edition is most accurate, up-to-date handbook available.

TEMPE, Ariz., October 25, 2006 — An all-new Supply Management Handbook (Seventh Edition) has been published by Institute for Supply Management™ (ISM) and McGraw-Hill. The renamed 2006 edition builds on the long history of many prior books including the 2000 edition, The Purchasing Handbook.

Dozens of the field's most respected minds contributed to this 945-page collection under the direction of three editors-in-chief: Joseph L. Cavinato, Ph.D., C.P.M.; Anna E. Flynn, Ph.D., C.P.M.; and Ralph G. Kauffman, Ph.D., C.P.M. The ISM Supply Management Handbook addresses every issue of importance to today's supply professional. The publication is organized into seven parts:

  • Part One: Supply: The Expanding Edges of Purchasing
  • Part Two: Going to Market With Today's Crucial Imperatives
  • Part Three: The Four Core Supports of Every Supply Chain
  • Part Four: Emerging Issues and Opportunities in Supply
  • Part Five: Components and Capabilities
  • Part Six: Item and Industry Practice
  • Part Seven: Supply Management Information Resources: Institute for Supply Management™

New to the 2006 edition is a study by the A.T. Kearney Center for Strategic Supply Leadership at ISM, which focuses on the profession's future leadership. The Supply Management Handbook is available for $124 for ISM members and $129 for nonmembers. To order online, visit ISM at www.ism.ws and select Products or call ISM Customer Service at 800/888-6276, extension 401.

As the oldest and largest supply management institute in the world, the mission of the Institute for Supply Management™ (ISM) is to lead supply management. ISM defines supply management as the identification, acquisition, access, positioning and management of resources the organization needs or potentially needs in the attainment of its strategic objectives. 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.