Institute names five winners for 2011
TEMPE, ARIZ: The Institute for Supply Management (ISM) has announced the 2011 winners of the sixth-annual ISM Awards for Excellence in Supply Management. The following five winners will be recognized in Orlando, Florida at ISM’s 96th-annual International Supply Management Conference and Educational Exhibit, May 15–18:
Delphi: technology category
Delphi developed and deployed a tool that captures information needed for sourcing decisions based on the total cost of acquisition. It’s designed to allow the user to compare the total cost of sourcing materials from competing suppliers in various locations.
IBM Corporation: sustainability category
IBM helps suppliers manage energy consumption and greenhouse gas emissions. The organization uses a social and environmental management system to monitor and report goals.
L-3 Communications: process category
L-3 is an aerospace and defense prime contractor that designs, manufactures and supports products, subsystems and systems. To help mitigate the risks and costs associated with component obsolescence and counterfeit parts in the supply chain, L-3 implemented executive councils comprised of senior leaders and deployed teams to develop a comprehensive strategy.
Pfizer Inc: process category
Pfizer’s worldwide procurement professional services team developed and implemented a new set of processes in consulting and legal services. This approach increased value and greater senior management engagement at Pfizer, as well as savings of more than US$370 million.
State of Georgia, Department of Administrative Services—State Purchasing Division: technology category
The State of Georgia’s Department of Administrative Services created spend management analytics to provide analysis of financial data across multiple agencies and dimensions. The SUM (spend under management) Initiative allows Georgia a more strategic view of spending.
Representatives from the winning organizations will share their stories in ISM Conference workshop sessions on May 16 and 17.