Institute for Supply Management (ISM) Principles and Standards of Ethical Supply Management Conduct
Integrity in Your Decisions and Actions
Value for Your Employer
Loyalty to Your Profession
1. Perceived Impropriety
Prevent the intent and appearance of unethical or compromising conduct in relationships, actions, and communications.
2. Conflicts of Interest
Ensure that any personal, business, or other activity does not conflict with the lawful interests of your employer.
3. Issues of Influence
Avoid behaviors or actions that may negatively influence, or appear to influence, supply management decisions.
4. Responsibilities to Your Employer
Uphold fiduciary and other responsibilities using reasonable care and granted authority to deliver value to your employer.
5. Supplier and Customer Relationships
Promote positive supplier and customer relationships.
6. Sustainability and Social Responsibility
Champion social responsibility and sustainability practices in supply management.
7. Confidential and Proprietary Information
Protect confidential and proprietary information.
Avoid improper reciprocal agreements.
9. Applicable Laws, Regulations, and Trade Agreements
Know and obey the letter and spirit of laws, regulations, and trade agreements applicable to supply management.
10. Professional Competence
Develop skills, expand knowledge, and conduct business that demonstrates competence and promotes the supply management profession.
2008 Institute for Supply Management