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.

8. Reciprocity

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