Description
Learn how to handle and identify ethical issues in purchasing.From this topic, you will learn some new ethical procedures that other organizations are using to keep a level playing field from a seasoned professional. This includes keeping procurements competitive and how to handle vendor interactions. It will give you food for thought as to what you might be overlooking that may give a vendor the impression that you as a procurement professional may not be impartial. You will learn what hidden signs to look for and what company policies may need to be instituted to keep or limit undue influence during the bidding process, and come away with some practical tools that are used in the procurement office to maintain an open and competitive environment.
Date: 2019-09-27 Start Time: End Time:
Learning Objectives
Ethics in Purchasing
Accepting Gifts From a Supplier
• Establishing Company Policies
• Dollar Limits or Just Say No
• What Does Your Desk Say?
Deciding Between Multiple Suppliers
• Discretionary Purchases
• Preferred Sources
• Minority and Women Owned Businesses
• What to Do If There Is a Tie
What Information You Should Protect
• Communications When Drafting a Procurement Document
• Debriefing a Vendor
Lunches/Dinners and Other Events
• How Does It Appear?
• I’m a Winner
• Setting Policies
Ethical Procurement Documents
• Open Specifications
• Reasonable Prequalifications
• Use of Vendor Supplied Materials
Undue Influence During the Procurement Process
• Steps to Prevent It
• Penalties for Attempting to Influence
Vendor Visits and Interactions
• Keeping Records of Vendor Visits
• Preventing Discussions on Open Solicitations
Casting a Wide Net
• Advertising in the Media
• Posting on Your Website
Noncollusive Vendor Certifications
Observing Patterns
• Soliciting Feedback From No Bidders
CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Michael Lehmann-Dechert LLP, Tiffany Nicholson – Dechert LLP