The Institute for Supply Management (ISM)

The Institute for Supply Management (ISM) is a professional association that focuses on the practice of supply chain management and procurement. Founded in 1915, ISM provides resources, education, and research to help professionals in these fields improve their skills and knowledge. It is known for producing key economic indicators, such as the Purchasing Managers' Index (PMI), which helps gauge the health of the economy by tracking manufacturing and service sector activity. ISM also advocates for best practices and innovation in supply management, aiming to enhance efficiency and effectiveness in organizations globally.