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ISM R. Gene Richter Awards Accepting Entries From Innovative Supply Management Departments

FOR RELEASE: July 2, 2007

Media Contacts:
ISM Public Relations
Lindsey Yentes
800/888-6276 extension 3087
lyentes@ism.ws

Jean McHale
800/888-6276 extension 3143
jmchale@ism.ws

Organizations invited to apply via ISM Web site July 2-September 28, 2007.
ISM posts winning submissions for 2007 ISM R. Gene Richter Awards on Web.

TEMPE, Ariz., July 2, 2007 — The Institute for Supply Management™ (ISM) announces its call for entries for the third annual ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management. The ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management are open to supply management departments of all sizes and geographic locations, both domestic and international. Entries should address big challenges for which new solutions have had wide organizational and/or supply chain impact.

ISM will accept entries through an online submission process from July 2-September 28, 2007. Multiple entries are welcomed in four award categories, including process, organization/structure, people and technology. The range for completion and/or implementation of a project has been increased by an additional 12 months for 2008. For the 2008 awards, the project/initiative must either (1) have been completed and/or implemented or (2) have measurable outcomes within the date range of October 1, 2004 through September 30, 2007.

Winners will be notified in January 2008 and award recipients will be honored at an awards dinner on Monday, May 5, 2008 at the ISM Annual International Supply Management Conference and Educational Exhibit in St. Louis. Winners agree to make two presentations at Conference sessions the Tuesday afternoon following the awards dinner. Past winners include companies such as Alltel Wireless, BP p.l.c., DaimlerChrysler, Fluor Hanford, Johnson & Johnson, KLA-Tencor and Rockwell Collins.

About the Richter Awards

The ISM R. Gene Richter Awards for Leadership and Innovation in Supply Management were established in late 2004 as a way to recognize innovative supply departments that through strong leadership have dramatically increased their contribution to organizational success. The awards program, sponsored by ISM, is designed to:

  • Identify and share leadership and innovation in supply management practice within supply management departments.
  • Provide recognition to supply management departments receiving awards.
  • Promote supply management as a strategic contributor to the organization.
  • Enhance the profession in the eyes of senior management.
  • Demonstrate leadership and innovation practice through conferences, ISM publications, case studies and other media.

For information on entry categories, applying for the 2008 awards or to download the 2007 Richter Award Winners Brochure, visit the ISM Web site at www.ism.ws/richterawards/. Questions regarding the R. Gene Richter Awards for Leadership and Innovation in Supply Management can be directed to Scott Sturzl, C.P.M., at 800/888-6276, extension 3105 (or, for callers outside the United States, 480/752-6276, extension 3105), or by e-mail at richterawards@ism.ws.

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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