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The International Federation of Purchasing and Supply Management (IFPSM) is the union of 48 National and Regional Purchasing Associations worldwide.Within this circle, about 250,000 Purchasing Professionals can be reached.
IFPSM facilitates the development and distribution of knowledge to elevate and advance the procurement profession, thus favorably impacting the standard of living of citizens worldwide through improved business practices.
The term procurement is taken to embrace purchasing, materials management, logistics, supply chain management and strategic sourcing.
The IFPSM Global Standard is a Quality Standard for Supply Chain Educational Programs – The Global Standard sets out the mix of knowledge, learning and skills against which educational programs in purchasing and supply management of an intellectual equivalence of at least first degree equivalence level can be assessed and accredited.
Outcomes Based and Flexible – The Standard is outcomes based, and does not prescribe detailed program design, delivery or assessment but instead defines the outcomes required from the program. This means that providers can shape their programs to local demands while still meeting the requirements of the Standard.
Supply chain management is a global profession, so being part of an active global federation helps SCMA develop the international context and network that we need to make us more relevant for our members.
We joined IFPSM not only because we wanted to extract value from the organization but to expand our advocacy to further serve and support the procurement and supply chain professionals and industry around the world. Our active involvement allowed our association, Procurement and Supply Institute of Asia (PASIA) to be recognized not only in Asia but globally as well. This is a benefit that allowed us to benchmark how we deliver our value proposition to our members and partners so we can keep raising the bar.
In this day and age of borderless competition brought by globalisation, it is important for a national organisation such as ours (Philippine Institute of Supply Management or PISM) to be aligned with a global organisation that is able to unleash the power of global synergies. Such is the role of IFPSM, whom I consider as the umbrella organisation that binds different supply management entities around the world to act as one. IFPSM’s strength lies in its ability to cut across cultural differences and rally us behind pressing issues towards uplifting the supply management profession.
