Institute for Supply Management™ Honors Robert Monczka, Ph.D., C.P.M., With Supply Management's Highest Honor

FOR RELEASE: May 6, 2008

Media Contacts:
ISM Public Relations
Lindsey Yentes
800/888-6276, extension 3087

Jean McHale
800/888-6276, extension 3143

Leader in education, research receives J. Shipman Gold Medal Award.

(TEMPE, Ariz.) May 6, 2008 — For more than 25 years, Robert Monczka, Ph.D., C.P.M., has researched, taught and consulted about strategic purchasing/sourcing and supply management strategies and implementation processes. For his work and dedication to the profession, Tempe, Arizona-based Institute for Supply Management™ (ISM) has awarded Monczka the J. Shipman Gold Medal Award — the profession's highest honor. Monczka accepted the award at ISM's 93rd International Conference and Educational Exhibit, in St. Louis.

Monczka currently serves as director, strategic sourcing and supply chain strategy research at CAPS Research, research professor of supply chain management in the W.P. Carey School of Business at Arizona State University (ASU) and professor emeritus at his alma mater, Michigan State University (MSU).

Throughout the span of his career, Monczka has led the Global Procurement and Supply Chain Benchmarking Initiative at MSU, and has been the principal investigator on two major National Science Foundation projects. He has been a consultant to numerous major corporations headquartered domestically and globally, and has worked with more than 150 firms in various capacities. Additionally, he has researched and published more than 100 articles and books in the field of sourcing and supply management.

According to ISM CEO Paul Novak, C.P.M., A.P.P., "Bob exemplifies a person worthy of the Shipman medal. He has contributed to the profession as a practitioner, academic, researcher and consultant. He is always a willing contributor to the association giving presentations and advice whenever he is asked. Many of today's practitioners were Bob's students over the years."

ISM joins the members of the 2007-2008 J. Shipman Gold Medal Award Committee — Thomas H. Slaight, Aaron D. Dent, Timothy R. Fiore, C.P.M., Bradley J. Holcomb and David L. Sorensen — in congratulating Robert Monczka on this prestigious award. The J. Shipman Gold Medal Award was created by the Purchasing Management Association of New York in 1931 to honor Johnson Shipman, a pioneer in the profession.

As the 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 is proud to recognize professional excellence in supply management with awards such as the ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management and the J. Shipman Gold Medal Award. 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.

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