Detecting Unethical Practices at Supplier Term Paper

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Through the development and implementation of a customized plan, the parties could attain a series of objectives. These results, the main supporters of the importance of a program, refer to the following:

Reduction in the joint costs

Identification of complex supply issues

Opportunities for operational integrations

Sustained and continuous benchmarking

Improved communications

Support for strategic decisions

Improved collaborations and Improved value for both company and supplier (the Office of Government Commerce, 2010).

12. Supplier management and unethical suppliers

At a general level, the development and implementation of a high quality supplier management program allows the company to create the benefits above stated. All of these perceived outcomes, such as increased trust, collaboration and communications, have the eventual outcome of improving the relationship between the company and its providers. At an ethical concerns level, this materializes in the following:

The firm is better able to identify and assess any ethical concerns

The firm is better able to convince the supplier to implement a more ethical approach of the business operations.

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13. Conclusions and recommendations

The emergent challenges which impact the modern day economic agents force them to implement a highly ethical behavior and this expands to their relationship with the organizational purveyors. In this order of ideas, an ethical conduct is essential for operational efficiency, competitiveness and ultimate business success. In order to ensure a high ethical quality in the company-supplier relationship, the following recommendations should be noted:

The development and implementation of a tailored supplier relationship management program

The continuous communications with the suppliers

The clear establishment of the goals and performance measurements

The promotion of ethics on all stages of the organizational processes......

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