Diversity Within Supply Management

FOR RELEASE: August 26, 2005

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

(TEMPE, Ariz.) Aug. 26, 2005 — Institute for Supply Management™ (ISM) believes diversity is important for the growth and success of supply management programs throughout the world. All organizations should value and respect various individual viewpoints, backgrounds, strengths and contributions in supply management recruiting, staffing, training, sourcing and supplier relationships.

The Institute for Supply Management Board of Directors reaffirmed their commitment to diversity by approving the following statement:

"For the Institute, diversity is valuing and respecting individual strengths, viewpoints and contributions. Diversity is a positive asset for the organization's growth and success. ISM values and embraces diversity in the membership."

ISM also promotes diversity through the ISM Principles of Social Responsibility and ISM's Principles and Standards of Ethical Supply Management Conduct.

The Principles of Social Responsibility encourages organizations to proactively promote purchasing from, and the development of, socially diverse suppliers; encourage diversity within the organization; and proactively promote diverse employment practices throughout the supply chain.

For more information on ISM and the Principles of Social Responsibility, visit www.ism.ws/sr.

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) Visit ISM's Media Room at www.ism.ws, Quick Search: QS130.

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