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ISM Announces Recipients of Supply Management Scholarships

FOR RELEASE: May 5, 2008


Media Contacts:
ISM Public Relations
Jean McHale
800/888-6276 extension 3143
jmchale@ism.ws

Lindsey Yentes
800/888-6276, extension 3087
lyentes@ism.ws



Seven students receive R. Gene Richter Scholarships

(TEMPE, Ariz.) May 5, 2008 — Seven recipients of R. Gene Richter Scholarships were honored May 5, 2008 at an awards dinner held during Institute for Supply Management™'s (ISM) 93rd Annual International Supply Management Conference and Educational Exhibit in St. Louis. Each year, Richter Scholars are guests of ISM at its Annual Conference.

Now in its fifth year, the R. Gene Richter Scholarship Program has grown to be the largest nationally recognized scholarship program in the field of supply chain management. The program identifies the future leaders of supply management and fast-tracks them into the profession. Winners receive tuition assistance of up to $5,000 and are also offered the benefits of two mentoring programs: the Executive Mentoring Program, which pairs the student with an established executive; and the Junior Mentoring Program, which pairs the student with a young professional from a former Richter Scholar Class.

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. He led the supply organizations at The Black & Decker Corporation, Hewlett-Packard and International Business Machines (IBM).

Supply management scholars honored at the R. Gene Richter Scholarship Awards Dinner include:

Christina Andreadakis — Andreadakis is entering her senior year at Duquesne University. She will be spending summer 2008 as an intern with Under Armour's Rookie Program. Andreadakis is preparing to graduate in May 2009 with a bachelor of science degree in business administration with a concentration in supply chain management. "In supply chain, one is able to understand a product or service from the ground until it reaches its final destination," says Andreadakis, who is currently interning as a sourcing specialist at the University of Pittsburgh Medical Center. "Being able to purchase a piece of equipment that will eventually fix someone's heart is a thrilling idea to me. I call the distributor, who received the product from the manufacturer who made this life-changing product from a piece of metal or plastic, and in a few weeks, will be part of a person's body to help them live better."

Amanda B. Braddock — Braddock is entering her senior year at Bowling Green State University. She is a student in the Honors Program and is preparing to graduate in June 2009 with a bachelor's degree in business with concentrations in supply chain management and international business. Braddock has completed an internship with Deere and Company and is preparing to begin a second internship this summer with BP. Braddock is ready to be part of the massive innovations occurring in the business world, most notably in the realm of sustainability and environmental conservation. "Technology is continually being used to revolutionize processes and enhance efficiency," Braddock says. "It's an exciting time in the field of supply chain management and I want to contribute and be a part of that excitement."

Douglas A. Burke — Burke is entering his last semester at The Pennsylvania State University's Smeal College of Business. He is a student in the Schreyer Honors College and is preparing to graduate in December 2008 with a bachelor's degree in supply chain and information systems. Burke has completed internships with CSX Transportation and is currently engaged in an internship for the Global Transportation Organization with Johnson & Johnson. Burke says his lifelong interest in transportation is a perfect fit for a career in supply management. "Supply chain management is increasingly being acknowledged as an integral part of business, and successful supply chain operations are now leading to a competitive advantage in numerous industries," he says.

Christie Hwang — Hwang is entering her senior year at Michigan State University's Eli Broad College of Business. She is a student in the Honors College and her internship experiences include positions at Eaton Corporation and General Mills. Hwang is preparing to graduate in May 2009 with dual bachelor's degrees in supply chain management and communication. "As I will also be obtaining a B.A. in communication next school year, I firmly believe this will complement my supply chain management degree," Hwang says. "As we all have witnessed, communication is one of the leading problems within the supply chain realm today. One must be able to effectively and actively communicate in order to succeed within the field of supply chain management."

Kyle Lambert — Lambert is entering his senior year at Michigan State University's Eli Broad College of Business. Lambert is preparing to graduate in May 2009 with a bachelor's degree in supply chain management. He has completed an internship with Kraft Foods, Inc.'s global headquarters and will begin a second internship this summer at The Boeing Company. "When I chose supply chain management, I knew it was a field that would provide incessant opportunities to allow me to make things happen," Lambert says. "Now that I am more familiar with safety stocks, inventory carrying costs, triple bottom lines and economic order quantities, etc. I am even more passionate about the field. Supply chain has become something that will allow me to do almost anything in business."

Matthew Shaw — Shaw is entering his senior year at Michigan State University's Eli Broad College of Business. He is a student in the Honors College. Shaw is preparing to graduate in May 2009 with a bachelor's degree in supply chain management with a specialization in international business. He has completed an internship in global sourcing with Therma-Tru Doors and is currently engaged in a second internship with Holcim Ltd., a global supplier of cement, concrete and aggregates. "After college, I plan on working in a sourcing team to experience the excitement of negotiations and the challenge of integrating suppliers with one's company," Shaw says. "I also would like to work in an international-geared company that views the whole world as a viable market place."

Andrew Spicher — Spicher is entering his senior year at The Pennsylvania State University's Smeal College of Business. He is a student in the Schreyer Honors College and is preparing to graduate in May 2009 with a bachelor's degree in supply chain and information systems and a minor in German. Spicher's internship and co-op experiences include positions at Presidio Corporation and Johnson & Johnson. He is preparing for a third internship this summer with SC Johnson. Spicher asserts that supply management offers a perfect career path to apply his academic and real world experience. "The field and industry is still growing, which is great for high performers coming into the marketplace," he says. "The field of supply chain is so vast that career paths can lead anywhere, from procurement to quality, distribution to process excellence. There are truly endless possibilities."

"This year marks the fifth anniversary of the R. Gene Richter Scholarship Award," says Nancy Richter, president of the R. Gene and Nancy D. Richter Foundation. "To date, a total of 31 scholarships have been granted, recognizing students at leading universities across the country."

Previous Richter scholars are working in leading supply organizations across the country — from Seattle to Atlanta. "We enjoy the full support of the leaders of supply management as our Executive Mentors hail from leading supply departments at some of the leading corporations in America," Richter adds. "This year is very exciting for the Richter Foundation because we've been able to expand the number of scholarships we can offer as a result of our partnership with ISM and the wonderful support we receive from our sponsors."

For information on the R. Gene Richter Scholarship Program, visit www.richterfoundation.org.

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).


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