Home > Ethics and Social Responsibility > ISM Ethical Principles and Standards
Principles and Standards of Ethical Supply Management Conduct
Integrity in Your Decisions and Actions
Value for Your Employer
Loyalty to Your Profession
From these principles are derived the ISM standards of supply management conduct:
STANDARDS
- Perceived 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.
- Issues of 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 5/2008
Click here for a printable color version of the above principles. (PDF - 69KB) Click here for the PDF document containing the guidelines associated with these principles. |
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Related Resources:Make Sense of Carbon Offsetting The Supply Manager's Guide to Doing Business in India Supply Market Intelligence: A Managerial Handbook for Building Sourcing Strategies |
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- Affiliate Resources
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- Supply Management Defined
- Other Association Links
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- Propurchaser.com
- eVendor Check
- Purchasing & Supply Sourcing Guide
- Access CIPS Members Only Content
- Access to Supply Chain Council (SCC) Member Discounts and Resources


