Best Practices in Procurement Seminar is Offered for First Time

FOR RELEASE: March 29, 2004

CONTACT: Jean McHale
  ISM Public Relations
  800/888-6276 ext. 3143

(Tempe, AZ) — A new educational seminar, Best Practices in Procurement, was offered Feb. 19-20, 2004 by the Institute for Supply Management™ (ISM) in Tempe, Ariz. During the two-day session, Instructor Bruce Wright employed lecture, group discussion and short case studies to help attendees compare their positions to best practices in the procurement profession. Wright traced the evolution of best practices and used evaluation and measurement formulas to illustrate the impact of best practices on various business decisions. The emphasis was on teamwork.

"Professionals and organizations are being pressed to demonstrate shareholder value and many are dominated by the Sarbanes-Oxley Act of 2002," Wright noted. "Anyone who spends money or who is part of a team assigned the responsibility of participating in the procurement process can benefit from examining best practices from the team perspective."

In addition to appealing to purchasing and supply professionals, Best Practices in Procurement addresses concepts of critical importance to senior buyers, materials managers, IT managers, engineers, project managers, systems developers, accounting professionals and marketing and management advisors. The next Best Practices in Procurement seminar will be expanded to three days and is scheduled for November 3-5, 2004 in Chicago. For more information, contact ISM Customer Service at 800/888-6276, extension 401.

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