Garrett Hopper is one of 10 students awarded a 2012 R. Gene Richter Scholarship
. Now in its ninth year, the R. Gene Richter Scholarship Program is the largest nationally recognized scholarship program in the field of supply chain management. Winners were recognized May 6, 2012 at an awards dinner held during Institute for Supply Management’s 97th Annual International Supply Management Conference and Educational Exhibit in Baltimore.
Hopper will soon enter his last semester at The University Texas at Austin, where he is pursuing dual bachelor’s degrees in supply chain management (with a minor in international business) and economics. An ISM student member, Hopper gained valuable experience working in cross-cultural teams in his participation in BBA Global. In that role, he acted as president of a mock computer company, leading a team of five international students from three different countries. The group competed with 40 other students and won the overall competition by managing the most successful company in the simulation.
Hopper spent summer 2011 at El Paso Corporation in Houston as a supply chain management intern. While there, he worked on several inventory optimization projects, one of which saved the company $50,000 through inventory optimization of one station, which led to savings projections of $3 million to $6 million companywide. Hopper will spend summer 2012 at Hess Corporation in Houston in the global purchasing function. “Supply management demands flexibility, and this flexibility makes every day more exciting than the last,” Hopper says. “Another reason I chose supply management is the prevalence of so many diverse career paths. From procurement, to inventory management, to strategic sourcing, there is always a new challenge waiting to be accepted.”
Scholarships are awarded through ISM’s R. Gene Richter Scholarship Fund and through the R. Gene and Nancy D. Richter Foundation. The 2012 Richter Scholars receive tuition assistance of up to $5,000 and the benefits of an executive mentor, which pairs the student with an established executive, and a junior mentor, which pairs the student with a former Richter scholar.
The R. Gene Richter Scholarship Program was established and named in memory of R. Gene Richter, who was a galvanizing force in the field of procurement. Richter is admired for elevating the profession to world-class stature. He led the supply organizations at The Black & Decker Corporation, Hewlett-Packard and International Business Machines (IBM). For information on the R. Gene Richter Scholarship Program, visit www.richterfoundation.org. Institute for Supply Management (ISM) is the first supply management institute in the world. Founded in 1915, ISM exists to lead and serve the supply management profession and is a highly influential and respected association in the global marketplace. By executing and extending its mission through education, research, standards of excellence and information dissemination — including the renowned monthly ISM Report On Business — ISM maintains a strong global influence among individuals and organizations. ISM is a not-for-profit educational association that serves professionals with an interest in supply management who live and work in more than 80 countries. ISM offers the Certified Professional in Supply Management (CPSM), Certified in Supply Management (CSM) and Certified Professional in Supplier Diversity (CPSD) qualifications, and is a member of the International Federation of Purchasing and Supply Management (IFPSM).
Media Release courtesy of R. Gene and Nancy D. Richter Foundation