History
Institute for Supply Management was founded in 1915 as the National Association of Purchasing Agents (NAPA). Prior to 1915, purchasing associations had formed in at least 10 major cities in the country, including one of the earliest and most active groups in Buffalo, NY, founded in 1904, and the New York Association, formed in 1913, which eventually became the nucleus of the national organization. The first local associations to affiliate with the new association were New York, New York; Pittsburgh, Pennsylvania; and Columbus, Ohio in 1916. They were closely followed by South Bend, Indiana, Detroit, Michigan; and Los Angeles, California in 1917. Buffalo later affiliated with NAPA in 1918.
In 1968, the name of the organization was changed to the National Association of Purchasing Management, Inc. (NAPM). As the field continued to change, traditional “purchasing professionals” were becoming more responsible for the supply of goods and services instead of strictly purchasing. NAPM members voted in April 2001, with a name change taking place in January 2002 to Institute for Supply Management.
Read more about this topic: Institute For Supply Management
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