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:

FAIR MARKET VALUE
The value of an item as determined by negotiation between purchasers and suppliers, which is acceptable as a basis for a purchase and sale.


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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.

ISM Senior Executive Forum

Chair
Patrick Egan
Sr. Director
Pfizer, Inc.
150 East 42nd St
New York, NY 10017
212/573-7559
Fax: 212/573-1219
[email protected]

ISM Contact
Judith M. Waters
Executive Assistant
ISM
PO Box 22160
Tempe, AZ 85285-2160
(480) 752-6276
Fax: (480) 752-7890
e-mail:jwaters@ism.ws

 


ISM - P.O.Box 22160 Tempe, AZ 85285-2160 480-752-6276 / 800-888-6276 - Fax: 480-752-7890 Comments/Questions?
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