New $50,000 scholarship for supply chain management students provided by ISM Pharmaceutical Forum

Monday, February 7, 2011

The Department of Supply Chain Management and Marketing Sciences (SCMMS) was given a large boost towards fulfilling one of its main goals “to prepare a new generation of business graduates to meet future challenges in supply chain management” thanks to a brand new $50,000 endowed scholarship provided by the Institute for Supply Chain Management (ISM).

William Stirling, Chair of ISM Pharmaceutical Forum and Vice President, Commercial and International Sourcing at Bristol-Myers Squibb, presented Lei Lei, PhD, Professor and Chair of SCMMS, with a $25,000 check, the first installment of the "ISM Pharmaceutical Forum Supply Chain Management Endowed Scholarship."

Rutgers Business School Supply Chain Management

Lei Lei, PhD, Professor and Chair of SCMMS, receives $25,000 check from William Stirling, Chair of ISM Pharmaceutical Forum.

"Rutgers Business School has been making great strides in supply chain management," said Stirling. "We appreciate that businesses have a say in the curriculum." The department keeps the curriculum updated with input from industry affiliates to ensure that it is both comprehensive and current.

"Our work in supply chain management exemplifies the mutual advantage of a vital collaboration between Rutgers Business School (RBS), private companies, and public entities that bridges the gap between academic and business practices," said Lei. "Our faculty and students truly appreciate the support of the business community and ISM," said Lei.

The merit-based scholarship will provide financial assistance to both undergraduate and graduate students majoring in or concentrating in supply chain management with the goal of increasing the number of students studying in the area.

About ISM

Founded in 1915, the Institute for Supply Management™ (ISM) is the largest supply management association in the world as well as one of the most respected. ISM's mission is to lead the supply management profession through its standards of excellence, research, promotional activities, and education. ISM's membership base includes more than 40,000 supply management professionals with a network of domestic and international affiliated associations. ISM is a not-for-profit association that provides opportunities for the promotion of the profession and the expansion of professional skills and knowledge.

About the Department of Supply Chain Management & Marketing Sciences

Vision: To become a nationally top-rated multidisciplinary academic department characterized by its excellence and unique strength in world-class research, innovative teaching, and high quality service in supply chain management, marketing science, and their interfaces. To lead in the generation of research in supply chain management and marketing science at the pace of progress and development in the industry.

- Daniel J. Stoll

TAGS: ISM Services Group Partnerships Scholarships Supply Chain Management