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Principles and Standards of Ethical Supply Management Conduct

done Integrity in Your Decisions and Actions

done Value for Your Employer

done Loyalty to Your Profession

From these principles are derived the ISM standards of supply management conduct:

standards

Impropriety
Prevent the intent and appearance of unethical or compromising conduct in relationships, actions and communications.
Conflicts of Interest
Ensure that any personal, business or other activity does not conflict with the lawful interests of your employer.
Influence
Avoid behaviors or actions that may negatively influence, or appear to influence, supply management decisions.
Responsibilities to Your Employer
Uphold fiduciary and other responsibilities using reasonable care and granted authority to deliver value to your employer.
Supplier and Customer Relationships
Promote positive supplier and customer relationships.
Sustainability and Social Responsibility
Champion social responsibility and sustainability practices in supply management.
Confidential and Proprietary Information
Protect confidential and proprietary information.
Reciprocity
Avoid improper reciprocal agreements.
Applicable Laws, Regulations and Trade Agreements
Know and obey the letter and spirit of laws, regulations and trade agreements applicable to supply management.
Professional Competence
Develop skills, expand knowledge and conduct business that demonstrates competence and promotes the supply management profession.

Adopted: 01/2017

Click here for the document containing the guidelines associated with these principles.