Institute for Supply Management (ISM)

When Predators Lurk, Keep a Close Eye on the Leader

It’s time to stay close to the pack. It may be time to run towards the leaders. At its annual conference in May, the Institute for Supply Management (ISM) honored L-3 Communications as the recipient of the Annual ISM Awards for Excellence in Supply Management in the Process Category. ISM recognized L-3, a major aerospace and defense prime contractor, for its initiative to help mitigate the risks and costs associated with component obsolescence and counterfeit parts in the supply chain. “L-3 implemented executive councils comprised of senior leaders in the supply chain and quality organizations, and deployed teams to develop a disciplined and comprehensive strategy,” ISM noted in announcing the honor.