Knowledge Library
Introduction to Ethical Considerations
It’s very clear to me that fraud, bribery and corruption have no place in business. From your first communication with a supplier, make ...
Responsible Procurement
Responsible Procurement Organisations are increasingly aware of the need to think beyond sales and profits. This means understanding ...
Ask the Expert - Ethical Sourcing
In this surgery the technical experts explained how to formulate selection criteria and sourcing strategies to ensure that the ...
Ask the Expert - Ethical Sourcing in Practice
The global economy and the associated advantages of sourcing from a global base of suppliers requires organisations to be prepared to ...
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 . ...