All posts in Procurement Ethics

Do Stakeholders Think You Love A Supplier Too Much?

Happy Valentine’s Day! No other day of the year screams “love” quite like Valentine’s Day.  So, let’s talk about love and procurement. Specifically, let’s talk about whether stakeholders think you “love” an incumbent supplier too much to be unbiased.  Many stakeholders are often suspicious that you choose the supplier that serves them based on “personal” reasons, not just business reasons. …

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Peter Oborne Resigns from Daily Telegraph

Peter Oborne, a chief political commentator for the Daily Telegraph in the UK resigned from the newspaper after making allegations that Barclay Brothers, owners of the publication, held back reports about the HSBC tax scandal due to concerns of losing revenue from advertisements run by the banking giant. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Oborne stated,…

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Why, As A Procurement Guy, I Hate The Super Bowl XLIX Outcome

So, the New England Patriots won Super Bowl XLIX.  And, as a procurement guy, I’m not happy. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Why not? Well, professional procurement is about many things.  One of the most important principles in procurement is to operate with the utmost integrity. Almost everyone knows about “Deflate-Gate” and how the Patriots…

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Animal-Friendly Purchasing Goes Viral

In a blog post from almost four years ago to the day, I asked the question “Is animal-friendly purchasing the future?“ Don’t miss updates on Procurement & Supply Chain, Subscribe here! Today, I think the answer is clearly “yes.” During the broadcast of Sunday’s Grammy Awards, Chipotle Mexican Grill has produced a video that has since crossed the 5 million…

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The Purchasing Audit: A Quick Introduction

The goal of a purchasing audit is to determine whether policies and procedures have been followed within the purchasing department to ensure that no fraud occurred, that all decisions were made with the best interests of the organization in mind, and that suppliers were treated fairly. This assumes that the purchasing department already has policies and procedures that have built-in…

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Another Apple Supplier Debacle: Supplier Exec Gets Paid To Reveal iPad Secrets

Listen, I know I post a lot about procurement-related problems involving Apple. But don’t get the wrong idea – it’s not that Apple’s procurement is bad, it’s just that when you’re the hottest company out there, a lot of people are gunning for you and the challenges are perhaps greater than they are elsewhere. Don’t miss updates on Procurement &…

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Announcing “15 Rules For Ethical Supplier Interaction” – A New Online Course From Next Level Purchasing!

Though procurement departments are largely responsible for selecting and managing a company’s suppliers, other employees of a company frequently interact with those same suppliers and most of them don’t know anything about procurement ethics. This leaves those companies vulnerable to the large number of ethical traps that can get even the most honest of business people into bad situations. A…

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Procurement Ethics Checklist

I hope that you have enjoyed the article “A 13-Point Procurement Ethics Checklist.” Don’t miss updates on Procurement & Supply Chain, Subscribe here! When it comes to certain topics that I write about, I know that some of them are bound to incite disagreement. This article is one of those topics. I know that even some of my best educated,…

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Why Suppliers Don’t Give You The Best Proposals Possible (And What You Can Do About It)

Do you know what suppliers fear the most about writing proposals for you? Do you know what they assume will happen if they give you a proposal that describes how they can help you minimize cost and maximize value? Don’t miss updates on Procurement & Supply Chain, Subscribe here! I believe that I do. They worry that they will invest…

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If Procurement Doesn’t Teach Ethics To IT People, Who Will?

This post could apply to any department in any organization. I’m going to pick on IT because IT people at all levels have vendor interaction. Don’t miss updates on Procurement & Supply Chain, Subscribe here! Let’s say an IT person is offered an item of nominal value from a vendor – a logoed laptop bag, for example. Or is invited…

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