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The Institute of Supply and Materials Management (ISMM) was established on 24th October 1972 and is the leading Professional Institution which fosters the professional development of Purchasing and Supply Chain Function in Sri Lanka. It is a Member of the Organization of Professional Associations of Sri Lanka (OPA) since 1976 and was incorporated by the Parliament by Act No. 3 of 1981. ISMM is affiliated to the International Federation of Purchasing and Supply Management (IFPSM) which is the World body encompassing 42 national associations having more than 200,000 professionals engaged in Purchasing and Supply Chain Management. ISMM has been the Diploma awarding National Body for the last three decades in addition to conducting other Professional Short Courses, adding more than 10,000 professionals to the profession of Supply Chain Management in Sri Lanka on a national scale.
The Institute of Supply and Materials Management (ISMM) which is the pioneer Supply Chain Management (SCM) which offers Certificate level, Management Level and Diploma level courses in SCM. Further ISMM supports public and private sector organizations by conducting Consultancies, Workshops and Seminars to enhance their performance. Moreover, the successful completion of the ISMM Graduate Diploma in Purchasing and Supply Chain Management together with 3 years executive experience in Purchasing and Supply Chain Management field will lead to the Corporate Membership of the ISMM. The Government of Sri Lanka recognizes the Corporate Membership of the ISMM equivalent to a First or Second Class Honours Degree relevant to the field of Purchasing and Supply Chain Management awarded by a recognized University.
In year 2001, ISMM was affiliated to the International Trade Centre (ITC) Geneva, which is the technical co-operation agency of the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organisation (WTO) for operational, enterprise-oriented aspects of trade development. ISMM is the sole national body which possess the license to promote the principles of International Purchasing and Supply Chain Management (IPSCM) and is authorized to conduct courses and examinations of the Modular Learning System (MLS) in IPSCM in Sri Lanka on behalf of ITC, Geneva. As a result, in 2003 ISMM launched the IPSCM-MLS training system is Sri Lanka.
In recognition of the increasingly crucial role played by ISMM in the development of the supply chain profession in Sri Lanka, the Department of Public Administration recognizes the Corporate Membership of the ISMM as equivalent to a First or Second Class Degree in the field of Supply and Materials Management awarded by a recognized University in the recruitment and promotional process.
ISMM’s main thrust of activities from the inception was the training of supplies personnel at all levels. ISMM has trained more than 10,000 practitioners in the field of procurement and supply chain management. There are more than 1,000 Diplomates who have successfully completed Diploma Courses conducted by ISMM which enjoys a wide recognition in all sectors having a heavy input of procurement and supply chain activity. Training is also given at grassroots level and over 10,000 Stores personnel, including Storekeepers, Stores Managers and over 6,000 officers engaged in Purchasing, Inventory Control, Import & Export Trade, Shipping and Clearance work have successfully undergone training so far.