Supply Management Scholarship & Award: R. Gene and Nancy D. Richter Foundation

Scholarship Opportunity in Supply Management for U.S. & Canadian Students

The R. Gene and Nancy D. Richter Foundation and the R. Gene Richter Scholarship fund at ISM will provide a US$10,000 scholarship (US$5,000 for December graduates) to individuals seeking education in supply management, supply chain management or procurement. An eligible student will be in their senior year during the 2023-2024 academic year and be enrolled full-time in an accredited supply management, supply chain management or procurement program with the intention of specializing in the supply management profession.

This program is celebrating its 20th anniversary and is proud to commemorate the winners and mentors along the way, now impacting the profession in the most invaluable ways. Join the community of winners and be a part of a network that will propel your education and career in the supply management profession. Winners are celebrated at the ISM World Annual Conference at an exclusive dinner and recognized at the ISM Awards Gala


Submissions Currently Closed.

The 2024 season will tentatively be from September 2023 - January 2024.

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2023-2024 Academic Year – Criteria – Opens November 7, 2022

Scholarship recipients will be chosen based on the following criteria:

Attained High Academic Achievement

Recipients of this award have earned outstanding grades. Transcripts are looked at very closely.

Demonstrated Strong Leadership Ability

Past winners have been involved and active participants in campus activities and are usually an officer in one of the organizations. Others have led charitable efforts within their communities.

Demonstrated High Ethical Standards

This is a very important aspect of the program. Answers to essay questions are especially relevant to assessing the applicants' ethics. This is an area explored in greater depth during the personal interview.

Made a Strong Commitment to Pursuing a Career in the Field of Supply Management

This is best shown through participation in the campus ISM chapter or other campus supply chain management associations. In addition, we would expect that an applicant has completed, or is planning to complete, an internship in the supply chain management field.

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Meet the 2022 Richter Winners!


Katie Cocco

The Pennsylvania State University

Caden Hazenstab

The Pennsylvania State University

Maria Karamanos

The Pennsylvania State University

Abaan Kermani

University of Maryland at College Park

Jenna Murphy

The University of Tennessee

Syed Zaidi

Michigan State University

Richter Scholarship Eligibility

Academic Year – Eligibility Requirements

Academic Status
Academic Year
Graduation Date
Conference Attendance
Use of Funds
Enrolled full-time in an accredited supply chain management curriculum (supply management, purchasing or procurement). Entering your senior year during the academic year of scholarship reward. Graduating in either December or Spring of scholarship reward. A citizen of the United States or Canada or possess a valid green card. Attend ISM Annual Conference on year of award. Willing to sign a contract pledging that the monetary award will be used for educational expenses (this includes living expenses).

Submissions Currently Closed.

The 2024 season will tentatively be from September 2023 - January 2024.

2022 Sponsors


Kearney is a leading global management consulting firm with more than 3,600 people working in more than 40 countries. We work with more than three-quarters of the Fortune Global 500, as well as with the most influential governmental and non-profit organizations.

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IBM supports the Supply Management Scholarship & Award and the R. Gene and Nancy Richter Foundation as a financial sponsor for 2022. Gene Richter was IBM’s first CPO, and in the mid-90s, began IBM Procurement’s transformation journey into a world-class organization.

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries.

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Eclaro is an award-winning talent-solutions firm providing strategic staffing, custom outsourcing, permanent placement and analytics services to clients globally across diverse industries. We specialize in the recruitment and management of highly skilled professionals, supporting clients ranging in size from innovative startups to industry leading Fortune 50 companies. Through a deep understanding of business drivers, strong personal relationships and customized strategies, we become true partners in developing staffing solutions by connecting clients with the Right People to meet every need.

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GSK is a science-led global healthcare company with a special purpose to help people do more, feel better and live longer. We have three global businesses that research, develop and manufacture innovative pharmaceutical medicines, vaccines and consumer healthcare products. We aim to bring differentiated, high-quality and needed healthcare products to as many people as possible, with our three global businesses, scientific and technical know-how and talented people.

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Since 1996, the Fortune 1000 trusts ProcureAbility to support their procurement teams by providing consulting, managed services, staffing, recruiting, analytics, and intelligence solutions. Our support options range from strategic to tactical (or a hybrid of both), onsite, remote, or offshore. When results matter most, ProcureAbility is the firm that the world’s most progressive Procurement organizations call for help.

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Pinnacle Group is the largest Hispanic-owned contingent workforce solutions provider in the US with $3B in managed spend. Core services include IT/professional talent staffing/direct hire, MSP/VMS, payrolling, and IC compliance for Fortune 500s across multiple industry sectors.

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MRA Global helps companies save millions, improve performance and foster collaboration by connecting them with exceptional talent in the supply management arena including procurement, strategic sourcing, supply chain and logistics. Our deep entrenchment within the function differentiates us and helps to provide best in class candidates and service to our clients.

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Procurement professionals know that a failure of one critical vendor can send shockwaves through the supply chain affecting revenue, strategy, and corporate reputation.

SupplyChainMonitor provides a groundbreaking solution to mitigate risk and protect your supply chain from its weakest links.

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TriSearch is an International full-service talent acquisition managed services provider. Recognized by both Forbes and Hunt Scanlon as a Top Nationwide Recruiting Firm, TriSearch provides customized partnership recruiting for filling multiple roles at all levels, targeted single search, HR consulting, and DE&I. Utilizing proprietary new models, TriSearch offers highly customizable and scalable talent solutions that focus on a client’s specific requirements.

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Velocity Procurement has set out to enable the continuous improvement of procurement’s maturity across the mid-market. Velocity’s approach is a simple one: to meet clients where they are in their procurement journey and help them navigate through their specific procurement challenges. Velocity achieves this through deploying distinct procurement-specific offerings including advisory, digital transformation, spend management and managed services.

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