Knowledge Library
Ethics and the Organisation
The impact of ethical standards on procurement and supply has never been more important in todays challenging environment. Social ...
Definitions of Fraud, Bribery and Corruption
Procurement teams are responsible for spending significant amounts of money as a share of an organisation’s total budget. In ...
Types of Procurement Fraud
Procurement fraud comes in many forms. If you work in procurement it is important for you to understand how fraud takes place. Then you ...
Conflicts of Interest in Procurement
A conflict of interest exists when a person has multiple interests that could motivate them to think and act in ways that are, or might ...
Warning signs of unethical practice and social deprivation
Here are some of the warning signs that may indicate unethical practices are taking place: Higher-than expected return on investment. ...
Importance of Integrity
At the heart of professional ethics is integrity. Integrity is the quality of being honest and having strong moral principles that you ...
Making a difference through Ethical Procurement
When you buy products and services for your organisation, you have an opportunity to make responsible choices around issues like the ...
Testing the integrity of your suppliers
Your organisation’s audit of supplier performance gives an opportunity to find out more about the risk of fraud in your supply chain . ...
Sustainable procurement and the link to ethics
Sustainable procurement is the practice of buying the products and services you need, achieving good value for money while also taking ...
Drivers and Benefits of Ethical procurement
In recent years ethical procurement has moved from the fringes of the business world to become one of the main concerns for business ...
Ethical Sourcing
Many private sector organisations who are suppliers, strive to have an ethical approach to what they do. This means having a positive ...
Transparency in Procurement
What is it Transparency may be defined as timely and ready access to information in the procurement process, creating an environment of ...