Supply Management Students Receive 2005 R. Gene Richter Scholarship Awards

FOR RELEASE: April 18, 2005

CONTACT: Jean McHale
  ISM Public Relations
  800/888-6276 ext. 3143
  jmchale@ism.ws
Scholars Will Be Honored in San Antonio at Institute for Supply Management™'s 90th Annual International Supply Management Conference

TEMPE, Ariz., April 18, 2005 — The Institute for Supply Management™ (ISM) will recognize recipients of R. Gene Richter Scholarship Awards during its 90th Annual International Supply Management Conference and Educational Exhibit in San Antonio. Six scholarship recipients will be honored May 9, 2005, at an invitation-only dinner reception sponsored by business analytics software company SAS and strategic sourcing company Procuri, Inc.

Now in its second year, the R. Gene Richter Scholarship Program is the first national scholarship program of its kind. The program is designed to foster future leaders among high-potential undergraduate students enrolled in accredited procurement or supply management programs at 42 participating schools. Each of the six awards provides $5,000 in tuition assistance from the R. Gene and Nancy D. Richter Foundation. The scholarship program is administered in close partnership with ISM.

"ISM has enabled us to reach more schools," says Nancy D. Richter, president of the R. Gene and Nancy D. Richter Foundation. "As a result, we received applications from a host of high-caliber candidates who can demonstrate outstanding academic achievement, high ethical standards and the potential to become a future leader."

The R. Gene Richter Scholarship Program was established in memory of supply management innovator and leader R. Gene Richter. Richter is admired for elevating the profession to world-class stature and transforming supply, purchasing and sourcing at major companies. He led the supply organizations at The Black & Decker Corporation, Hewlett-Packard (HP) and International Business Machines (IBM). The scholarship program was established as a way to continue Richter's efforts to promote excellence within the profession. The program provides academic resources and opportunities for recipients to participate in industry activities. Supply management scholars honored at the R. Gene Richter Scholarship Awards Dinner include:

Andrea L. Brown—Andrea L. Brown is a senior at Western Michigan University's (WMU) Haworth College of Business in Kalamazoo, Michigan. She is preparing to graduate in April 2006, with a bachelor's degree in business administration and dual majors in integrated supply chain management and Spanish. "This field demands that people see the big picture, not just in their plant or organization, but in their industry and global market as well," notes Brown. "I want to help lead the company I work for to the next level by exploring and discovering new markets, new concepts, new efficiencies and new operations." Brown will complete a six-month WMU Study Abroad program at Universidad Autonoma de Queretaro, in Queretaro, Mexico, in June 2005.

Jeanne Chan—Jeanne Chan is entering her senior year at Michigan State University (MSU) in East Lansing, Michigan. A member of MSU's Honors College, Chan is preparing to graduate in May 2006 with a bachelor's degree in supply chain management from The Eli Broad College of Business. She also is working toward a bachelor's in journalism, majoring in marketing, from MSU's College of Communication Arts and Sciences. "I love being able to research, learn and educate people about the business world," Chan states. "Supply chain management best fits my skills, interests and passions. It combines my research, quick learning and concise writing skills I gained in journalism as well as my analytical understanding, negotiating and project management skills from marketing."

Anna Kroupnik—Anna Kroupnik is entering her senior year at the University of Maryland in College Park, Maryland. She is preparing to graduate in May 2006 with a bachelor's degree in logistics and international business from the Robert H. Smith School of Business. Kroupnik is fascinated by the fact that millions of dollars can be saved through efficient logistics practices. "It is most evident that the field of supply chain management is going to become even more vital in the future," Kroupnik says. "If Dell could drop their delivery time from 14 days to one to three days, what other possibilities are out there? I hope to become one of the pioneering supply chain personnel that improves and progresses the field of logistics."

Tania Santiago Mirabal—Tania Santiago Mirabal is entering her senior year at The Pennsylvania State University, University Park, Pennsylvania. Santiago will be working in summer-fall 2005 at Johnson & Johnson Consumer Shared Services in its World Wide Purchasing Division. She is a Schreyer Honors College Student, and is preparing to graduate in May 2006 with a bachelor's degree in supply chain and information systems and a minor in international business. "In today's globalized market, it is integral that a business have a well-established supply chain and information systems network," Santiago states. "My major will allow me to work in transportation, demand fulfillment, customer service and procurement, among other departments. I know there will never be a dull moment as my career develops in the supply chain management field."

Joseph W. Thornton—Joseph W. Thornton is entering his senior year at Arizona State University in Tempe, Arizona. He is preparing to graduate in May 2006 with a bachelor's degree in supply chain management from the W. P. Carey School of Business. The global aspect of supply chain management is a big attraction for Thornton. "I am fascinated by the interaction of people from different countries, cultures, beliefs and geographic locations, to all work together to achieve the same goals," Thornton states. "I believe that knowledge and know-how of the supply chain will become even more critical for businesses in the near future and I want to influence that future."

Alyssa M. Waszczuk—Alyssa M. Waszczuk is entering her senior year at Michigan State University in East Lansing, Michigan. Waszczuk is preparing to graduate in May 2006 with a bachelor's degree in supply chain management from The Eli Broad College of Business. She is intrigued by the role of supply chain management in the global business market. "This dynamic field involves a multitude of cross-functional areas such as purchasing, manufacturing, warehousing and distribution, and transportation," Waszczuk says. "This field requires its representatives to be energetic and well-rounded, which is a pivotal reason why I chose to focus my studies within supply chain management."

The 2005 R. Gene Richter Scholarship Committee includes: Lisa Martin, Vice President, Global Sourcing, Pfizer Inc; Keith Strange, Vice President, Supply Management, U.S. Postal Service; Bradley J. Holcomb, Vice President and Chief Procurement Officer, Waste Management, Inc.; Theresa Metty, C.P.M., Chair, Institute for Supply Management™ Board of Directors; Greg Shoemaker, Vice President, Central Procurement, Hewlett-Packard; Roger Whittier, Director, Corporate Purchasing, Intel Corporation; Robert M. Monczka, Ph.D., C.P.M., Director - Strategic Sourcing and Supply Chain Research, CAPS: Center for Strategic Supply Research; and Nancy D. Richter, President, R. Gene and Nancy D. Richter Foundation. For information on the R. Gene and Nancy D. Richter Foundation, visit www.richterfoundation.org.

About Procuri, Inc.
Procuri, the fastest-growing strategic sourcing solutions company, empowers more than 150 customers of all sizes, industries, geographies and spend categories. From spend analysis to contract management and supplier performance measurement, Procuri's On-Demand solutions are significantly driving down costs and cutting cycle times for enterprises sourcing from more than 90 countries. Online at www.procuri.com.

About SAS
SAS is the leading provider of business intelligence software and services that give you The Power to Know® by transforming massive amounts of data into intelligence. With SAS® Supplier Relationship Management, you can gain comprehensive insights about your purchases, suppliers and performance to improve strategic sourcing decisions. Learn more at www.sas.com.


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