National Association of Purchasing Managers (NAPM)

The National Association of Purchasing Managers (NAPM) is a professional organization in the United States that represents individuals involved in purchasing and supply management. It focuses on improving the procurement process, providing education, and sharing industry best practices. NAPM also produces economic reports, such as the Purchasing Managers' Index (PMI), which helps gauge the health of the manufacturing sector by analyzing new orders, inventory levels, and production activities. This information is valuable for businesses, policymakers, and analysts to understand economic trends and make informed decisions.