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ISMM was incorporated by Act of Parliament No.03 of 1981 on 29 January 1981. In 1980 ISMM was affiliated to the International Federation of Purchasing & Supply Management (IFPSM) based in UK. IFPSM is the world body encompassing 43 National Associations having around 200,000 Supply Chain Management professionals engaged in different sectors and levels.
In recognition of its expertise the ISMM was able to obtain the membership of the Organisation of Professional Associations of Sri Lanka (OPA) on 3 September 1976. Since then ISMM plays a vital role in OPA activities. ISMM is also registered under the Tertiary & Vocational Education Commission (TVEC) under reference P01/0160. In 2001, ISMM was affiliated to the International Trade Centre (ITC) to conduct its MLS-SCM programs in Sri Lanka.