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$15,000 scholarship (US$7,500 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 2024-2025 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.

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, honored at an exclusive executive luncheon and connected with junior and executive mentorships.

Learn about how your organization can support the future of the profession with sponsorship of the Richter Scholarship Program.

Submissions Currently Closed.

The 2025 season will be announced soon.

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Meet the 2024 Richter Winners!

Alec Cousino Headshot

Alec Cousino

Wayne State University
Taahera Islam Headshot

Taahera Islam

University of South Carolina
James Webb Fox Headshot

James Webb Fox III

University of Cincinnati
Alivia Clawson Headshot

Alivia Clawson

The Pennsylvania State University
Megan Merola Headshot

Megan Merola

The Pennsylvania State University

2024-2025 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.

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Gold Sponsor(s)

Kearney is a leading global management consulting firm with deep-rooted expertise in strategic transformation. We work with more than three-quarters of the Fortune Global 500, as well as with government bodies and non-profit organizations. Driven to be the difference between a big idea and making it happen, we work alongside our clients to regenerate their businesses to create a future that works for everyone.

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Silver Sponsor(s)

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. 

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GSK unites science, technology and talent to get ahead of disease together. We are a company where understanding and people can thrive. Our Global Procurement team is proud to cultivate leadership and enrich professional development.

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Bronze Sponsor(s)

ANKLESARIA is The World's #1 TOTAL COST SOLUTION which has generated Billions of Dollars and Double-digit percentage Cost Savings globally for 120+ major companies in multiple industry verticals over 30 years. ANKLESARIA’S patented Cost Management Methodology, AIM&DRIVE® Platform and team of Industry Experts have delivered ROIs of 10X - 100X for customers worldwide.

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Green Cabbage is the Global Leader in Technology & Contingency Workforce Market Intelligence. Our secure platform ensures swift operations, offering detailed comparisons at the Micro-Sku level, alongside comprehensive Business and Legal term insights. Partnering with Green Cabbage has enabled Private Equity firms, Consulting companies, and B2B enterprises worldwide to achieve savings of 15-30% on supplier agreements

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Fortive We accelerate transformation in high-impact fields like work-place safety, engineering, and healthcare. We are committed to high- tech solutions and high-touch human impact. We give our all for engineers, scientists, frontline workers, and patients around the world. At its root, Fortive means strength—strength in numbers, strength in skills and perspectives, strength in our shared conviction to make an impact.

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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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SCOPE Recruiting is a Boutique Supply Chain Recruiting Agency. Our recruiters are more than headhunters. We are former supply chain professionals who have combined our 20+ years of industry knowledge and networks for one unified purpose: to help our clients hire the best supply chain and procurement talent in the market.

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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).

The 2024 season will be from September 18, 2023 - January 26, 2024.

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