Procurement Management Institute (PMI)

The Procurement Management Institute (PMI) is a professional organization dedicated to advancing skills and knowledge in procurement and supply chain management. It provides resources, certifications, and industry standards to help professionals effectively manage the purchasing of goods and services needed for organizations. PMI aims to improve procurement practices, ensure ethical standards, and foster innovation in sourcing strategies. While not as widely known as PMI for project management, the Procurement Management Institute focuses specifically on optimizing the processes involved in acquiring products and services efficiently, cost-effectively, and ethically.