PISM was founded in 13 November 1968 as a non-stock, non-profit organization, and originally named the Purchasing Association of the Philippines (PAP). The main purpose is to provide a forum where purchasing executives can meet to network professionally; discuss, find and share business solutions to common operational challenges and strategic issues confronting their respective businesses and/or those of the national economy.
In response to the needs of its members, the association renamed itself on November 21, 1988 as the “Purchasing and Materials Management Association of the Philippines” (PMMAP) so as to include Materials Management and Inventory Planning & Control.
Globalization and trade liberalization came about which necessitated another change in the corporate name. On 30 October 2002, it was officially known as the “Philippine Institute for Supply Management” (PISM) to fittingly reflect its evolution as the country’s premiere professional association of Supply Management covering the four pillars of Supply Management: Demand & Replenishment; Purchasing; Logistics Operations; and Customer Service.
Change Made to the Mission (March 2013):
Replaced practitioners to “professionals”.
The proposed Mission statement highlighted 7 out of 10 parameters, to wit:
Concerns for survival, growth, profitability
Concern for public image
Concern for nation building
Changes Made to the Vision (March 2013):
Removed “…and leadership excellence”.
Indicated a timeline, “…by 2015”.
Metrics of the updated VISION:
ACCLAIMED – recognized externally, top of mind
WORLD-CLASS – internationally recognized
PRIME MOVER – leader, innovator
RESOURCE CENTER – training programs and information, industry experts (pool of Trainers, seasoned professionals)
Through the years, PISM has continuously upheld its high training standards to members in the field of Supply Management and be at par with global academic norms for excellence by partnering and linking with world-class innovative academic institutions (Asian Institute of Management; Ateneo de Manila University; De La Salle-College of St. Benilde; Technological Institute of the Philippines; Angeles University Foundation; University of San Jose – Recolletos Cebu; University of Makati; and Jose Rizal University).
Additionally, PISM successfully inked official affiliations with globally renowned institutions like the International Federation of Purchasing and Supply Management (IFPSM); Singapore Institute of Materials Management (SIMM); Supply Management Institute, Taiwan; and the Institute for Supply Management (ISM), based in Tempe, Arizona, U.S.A., for its international professional competency certifications (C.P.M. / CPSM).
From its humble beginnings, PISM today has grown to about 300 member companies, ranging from multinational global players and local conglomerates belonging to the Top 1000 Corporations in the Philippines to Small and Medium-sized Enterprises (SMEs) across various industries; and has established active PISM Provincial Chapters in Cebu, Davao and Negros Occidental.
Through the years, PISM sustained the dynamic involvement and enthusiastic commitment of its members through regular monthly Board of Trustees Meetings; bi-monthly General Membership Meetings; annual conference; and timely Industry Group Fora wherein participants are enjoined to collaboratively leverage their respective professional expertise, technical knowledge and business skills to help change the Philippine Supply Management landscape for the better.
More importantly, PISM continues to contribute significantly to the long-term profitability and growth of its member companies via transforming and empowering the workforce by increasing their productivity and competencies accordingly.
To sustain its tradition of leadership and legacy of excellence, PISM instituted the “GAWAD SINOP” annual search for the most outstanding and exemplary achievers in the field of Supply Management profession since 1994.
As part of its continuous “value creation” endeavors, PISM in partnership with the Foundation of the Society of Fellows in Supply Management (SOFSM) initiated the publication of the invaluable narrow-casting business tool: Philippine Purchasing Managers Index (PMI) in July 2008.
Thus, PISM stands out today as the acclaimed preferred Supply Management education and advisory partner of the business community; the academe; the government sector and the general public.