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Spend Matters 50/50: ISM – A Provider to Know in 2015

100 companies - 100 days ISM is the de facto standard of procurement industry associations in the US. The 48,000-member-strong organization is expanding its reach into broader supply chain management and outside of the US through its affiliates such as those in Japan and China. ISM is best known for its professional credentialing standard: the CPSM (a successor to the CPM designation) and offers training and related services to help professionals get certified and also generally up skill themselves. ISM also released its new Master Model to help professionals self-assess themselves on 85 criteria to help guide them in closing competency gaps. We are hopeful to see this advance as a continually developing open standard that all industry participants can influence and adopt. ISM is the go-to baseline resource for procurement professionals to avail themselves individually or through a corporate membership. It may not always be the bleeding edge resource for supply chain, but it is a core foundational resource of research, industry snapshot reports (e.g., the Report on Business), on-site events, webcasts and other content that any supply management professional should utilize.
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