Sri Lanka Consolidated Acts

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Institute Of Supply And Materials Management Sri Lanka Act (No. 3 of 1981) - Sect 3

General objects of the Corporation

3. The general objects for which the Corporation is constituted are hereby declared to be
(a) to promote and develop the principles, techniques and practice of supply and materials management;
(b) to hold meetings regularly for reading papers and discussing matters connected with supply and materials managements.
(c) to undertake research into the working of the supply function, to improve techniques and to examine and report on any development which may affect activities in the field of supply and materials management ;
(d) to sponsor, organize, and conduct conferences, seminars, public lectures, group studies within or without Sri Lanka with a view to enlarging the knowledge of those engaged in supply and materials management;
(e) to conduct courses and examinations qualifying for membership of the Corporation, to test the competence of persons engaged in supply and materials management and to grant certificates of competence;
(f) to assess the eligibility of candidates for admission to the various grades of membership :
(g) to establish, maintain or assist or carry on colleges, institutes, academies, libraries or research centres for studies relating to supply and materials management for the benefit of the members of the Corporation and the general public or any section thereof. within or without Sri Lanka ;
(h) to provide opportunities for members of the Corporation to undertake studies on subjects of particular interest to the Corporation and where feasible, arrange for the publication of such studies;
(i) to promote and foster a high code of professional conduct amongst all persons engaged in supply and materials management,
(j) to secure wide recognition of the importance of efficient purchasing supply and mater also management in modern industry and to improve the professional status of the same and to bring into association and friendly relationship those engaged in purchasing and supply for public undertakings or industrial firms or companies .
(k) to foster public interest in, and to increase public awareness of, the importance of supply and materials management in Sri Lanka
(l) to establish, foster and maintain relations with association with similar or allied interests both in Sri Lanka and abroad . and
(m) to do ail such other acts and things as are incidental or conducive to the attainment of the above objects or any of them,


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