Certification - Search for C.P.M.s and/or A.P.P.s

December 20, 2004

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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.

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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The information provided may not be accurate due to the time factor in processing applications and recertifications/reaccreditations. If you have questions about these results, or believe them to be inaccurate, please contact the Certification department at [email protected].