GoldenOpps.pdfVIP

“I enjoy, and am sometimes amazed at, the diversity of the supply management practice. In any given week, I can be involved in or called on to influence strategic decisions in logistics, marketing, benefits, travel, telecommunications or any number of functional areas. The diversity keeps the work interesting, influential and challenging. The level of talent, business acumen and intellectual horsepower necessary for success grows daily. It’s a great way to gain direct exposure and broad-based business knowledge across a lot of areas. I also like the growing respect and admiration the practice is gaining. It’s a great time to be in supply management.” Richard Henderson Vice President, Procurement Limitedbrands Table of Contents The Power of Supply Management . . . . . . . . . . . . . . . 1 Examples of Supply Management . . . . . . . . . . . . . . . 3 Salary . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Education and Training . . . . . . . . . . . . . 4 Supply Management Education . . . . . . . . . . . . . . . . . . . . . . . 5 The Future . . . . . . . . . . . . . . . . . . . . . 12 ISM Membership . . . . . Inside Back Cover P.O. Box 22160 Tempe, AZ 85285-2160 800/888-6276 or 480/752-6276 Fax 480/752-7890 www.ism.ws 1Records show that as early as the 13th century B.C., supply management played an important role in business.1 Today, it would be difficult to find an organization, large or small, that doesn’t understand the importance of supply management, and how successful implementation of supply management principles can have a positive impact on its overall success. When you choose a career in supply management, you have an opportunity to work in a variety of organizations and busi- nesses. Every industry — whether manufacturing or service, governmental, educational or retail — employs supply manage- ment professionals. Supply management is defined as the identification, acquisi- tion, access, positioning and management of resources that an orga