Six students from across the United States have been chosen as recipients of this prestigious supply chain award.
TEMPE, Ariz., April 25, 2025 — The Institute for Supply Management® (ISM®) has named the 2025 winners of the R. Gene Richter Scholarship. This scholarship is given out each year to the best supply management students in the United States. The winners were chosen based on their submitted essays, GPAs, leadership skills, involvement in extracurricular activities, and overall achievements as undergraduate professionals, including internships and case competitions.
The winners include from the University of South Carolina, from Michigan State University, from Michigan State University, from Grand Valley State University, from The Pennsylvania State University, and from Western Michigan University. Since the scholarship began in 2004, more than 145 students from 30 different universities across the United States have received this honor.
“We are excited to present the 2025 class of Richter scholars. We have confidence that they will develop into leaders in supply management,” said Nancy Richter, founder of the R. Gene Richter Scholarship Program. “With their demonstrated leadership, creativity, and initiative, our Richter scholars will bring a new perspective to the field.”
The honorees will be celebrated at a special executive luncheon and at the ISM Awards Gala on June 2 during ISM World 2025, ISM’s annual conference taking place in Orlando from June 1 – 3. Now in its 22nd year, the R. Gene Richter Scholarship offers financial aid of up to US$15,000 for tuition. Recipients also gain access to an executive mentor who is a leader in the field, as well as a former Richter scholar who serves as a junior mentor.
“These students are the future leaders of the profession and have great potential,” stated ISM CEO Thomas Derry. “Their accomplishments show their commitment, and we are sure they will make significant contributions to the organizations they join.”
The R. Gene Richter Scholarship Program was created in memory of R. Gene Richter, who greatly influenced the procurement field. Richter is recognized for making the profession world-class. He was in charge of supply organizations at Stanley Black & Decker, Hewlett-Packard, and International Business Machines (IBM). More information about the R. Gene Richter Scholarship Program and the 2025 winners can be found at , and .
About Institute for Supply Management®
Institute for Supply Management® (ISM®) is the world’s first and foremost non-profit professional organization for supply management. Its more than 50,000 members, located in over 100 countries, manage approximately US$1 trillion in supply chain procurement for corporations and governments each year. ISM was founded in 1915 by practitioners and is dedicated to improving the strategy and practice of integrated, end-to-end supply chain management. It achieves this through cutting-edge, data-driven resources, community, and education that empower individuals, create value for organizations, and foster competitive advantage. ISM aims to create a thriving, sustainable world. ISM empowers and guides the profession through the ISM® Report On Business®, its respected certification and training programs, corporate services, events, and assessments. The ISM® Report On Business®, which covers Manufacturing, Services, and Hospitals, is considered a reliable economic indicator, offering insights to supply management professionals, economists, analysts, and leaders in government and business. For more details, please visit .
About R. Gene and Nancy D. Richter Foundation
The R. Gene and Nancy D. Richter Foundation is a private family foundation recognized as a 501c3 non-profit, dedicated to serving the community. It provides educational opportunities for undergraduates in supply chain and non-traditional fields, while also supporting other community initiatives. The foundation offers two scholarship programs: the R. Gene Richter Scholarship and the Nancy D. Richter Scholarship. The R. Gene Richter Scholarship identifies promising future leaders in supply chain management and accelerates their entry into the profession through financial aid, executive mentoring, junior mentoring, and networking opportunities. For additional details, please visit .
Contact: Jessica Boyd, 480.752.6276, ext. 3085
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SOURCE Institute for Supply Management
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