The National Association of Purchasing Management Contemplates Name Change

FOR RELEASE: November 9, 2000

CONTACT: Kristen Kioa
  NAPM Media Relations
  480/752-6276 ext. 3015
 

(Tempe, AZ) After 32 years as the National Association of Purchasing Management (NAPM), the association is considering a name change. NAPM's Board of Directors has voted to conduct a bylaw vote of the membership to amend the NAPM Bylaws and Articles of Incorporation to change its name to Institute for Supply Management - with the tag line Preparing Purchasing and Supply Professionals for the Future.

Why change such a highly regarded and established name? Paul Novak, C.P.M. and NAPM's chief executive officer explains, "Never before has the profession changed as rapidly as it is now. In virtually all organizations, discussions are taking place that will move more and more transactions out of supply management. We must shed the image that 'purchasing equals transactions.' The leaders in our field are growing the profession into areas that are broader and not yet fully defined."

With this new trend of phasing out the word "purchasing" and moving toward using "supply management," it is only logical to look into the possibility of changing the association's name to Institute for Supply Management.

Why Institute for Supply Management? "Institute connotes education, research, cutting-edge activities, and dissemination, which remains the organization's primary mission. The name has no geographic limits. Supply is what the profession is all about. Managing a reliable flow and availability of important goods and services is what we do," explains Dick Bradshaw, C.P.M., NAPM president. "The Board of Directors also added the tag line, Preparing Purchasing and Supply Professionals for the Future, based on feedback from affiliate leaders and members."

The possible name change isn't the only face-lift NAPM is getting. The current logo has also been redesigned to reflect Institute for Supply Management.

The decision to change NAPM's name isn't final. Although the Board of Directors approved a bylaw vote, the entire membership will have an opportunity to vote on the name change. Ballots will be mailed in early March, with the official vote taking place at the annual meeting of the association on April 28, 2001, just prior to the 86th Annual International Purchasing Conference in Orlando, FL.

As NAPM strives to continue to be the leader in education, research, and cutting-edge activities within the supply management profession, the proposed name change will be another facet in the foundation of success for NAPM.

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