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.


Manufacturing Business Survey Committee


Chair
Norbert J. Ore, C.P.M.      (5/06)
Director Corporate Purchasing
Georgia Pacific Corp
55 Park Place, 18th Floor
Atlanta, GA 30303-1847
(404) 652-2041
Fax: (404) 487-4117
[email protected]

Staff Contact
Holly LaCroix Johnson
Senior Vice President
ISM
P.O. Box 22160
Tempe, AZ 85285-2160
(480) 752-6276 ext. 3030
Fax: (480) 752-7890
hjohnson@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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