Institute for Supply Management
Advancing the purchasing and supply management profession through education and development.
December 20, 2004
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Efficiency Opportunities
"Cost-Effective Supply Chain Management"

The Legal ABC's of Purchasing
"Purchasing and the Law"

Back to Basics
"Fundamentals Of Purchasing: The Building Blocks of World Class Professionalism"

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Glossary of Key Purchasing and Supply Terms Term of the Day:

IMPLIED WARRANTY OF MERCHANTABILITY
One of the warranty protections granted by law under the UCC. A warranty that assures purchasers products of at least average quality, suited for the normal purposes for which they were designed.


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The National Association of Purchasing Management has become the Institute for Supply Management™. Please be aware that NAPM.org is now ISM.ws.

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Golden Opportunities: Your Future in Purchasing and Supply Management


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