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 his or her senior year during the 2020-2021 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.

The application for the R. Gene Richter Scholarship Program for the 2021-2022 academic year is now available. Applications are due February 3, 2021.

Review 2020-2021 Information

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2020-2021 Academic Year – Criteria

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.

Richter Scholarship Eligibility

Academic Year – Eligibility Requirements

Academic Status
Academic Year
Graduation Date
Citizenship
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).

Sponsors

Gold

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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Silver

IBM. For over 100 years, IBM has been at the forefront of innovation and transformation. In 2010, IBM shifted their business focus to a cloud computing platform company specializing in cognitive solutions. To keep pace with the changes and to advance and accelerate procurement’s value to the business through this enterprise transformation, IBM’s procurement function also embarked on this digital transformation journey, leveraging analytics, cognitive and robotic solutions taking advantage of vast amounts of data available to the function.

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Bronze

Starbucks Coffee Company. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup.

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Ivalua is a leading provider of cloud-based Spend Management solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk and improving employee productivity. Trusted by hundreds of the world’s most admired brands and recognized as a leader by Gartner and other analysts, Ivalua maintains the industry’s leading 98%+ customer retention rate. Follow us at @Ivalua. ALL Spend, ALL Suppliers, NO Compromises.

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The American Red Cross is a humanitarian organization and the single largest blood provider in the United States. As such, it shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation’s blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a $3+ billion annual revenue not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission.

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We are 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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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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Tealbook is a supplier intelligence platform with the power to revolutionize the way buyers obtain supplier data. We act as a data foundation of cleansed, harmonized, and enriched supplier information that provides invaluable insights to future-minded procurement teams.

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Eclaro is a business and technology consulting firm, headquartered in New York, with over 1,100 employees globally, supporting the Fortune 1000. Eclaro has three global delivery centers in the Philippines specializing in IT and business process roles. Eclaro’s Impact Sourcing program allows clients to sponsor scholarships for underprivileged Filipino youth to attend Eclaro Academy.

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HP Inc. Our vision is to create technology that makes life better for everyone, everywhere — every person, every organization, and every community around the globe. This motivates us — inspires us — to do what we do. To make what we make. To invent, and to reinvent. To engineer experiences that amaze. We won’t stop pushing ahead, because you won’t stop pushing ahead. You’re reinventing how you work. How you play. How you live. With our technology, you’ll reinvent your world.

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