ENGLAW - MAR17 Quiz Flashcards
refers to the entire system of organizations, resources, activities, and technologies involved in producing and delivering a product or service from the initial supplier to
the final consumer
Supply Chain
Why Ethics Matter in Supply Chains: EPMPE
- Ensures Fair Labor Practices
- Protects the Environment
- Maintains Transparency & Accountability
- Prevents Legal and Financial Risks
- Enhances Corporate Reputation and Consumer Trust
What are the role of engineers in supply chain operations: SPQTR
- Sustainable Material Sourcing
- Process Optimization
- Quality Control & Compliance
- Technology & Innovation
- Risk Management and Ethical Audits
What does ISM mean?
Institute for Supply Management
Avoid any actions that could be perceived as unethical or compromising.
Impropriety
It ensures that personal interests do not interfere with business decision
Conflict of interest
Avoid unfair influence in supply chain decisions
Influence
It means to uphold fiduciary and professional obligations to the organization
Responsibilities to the Employer
Develop and maintain fair and ethical relationships with suppliers and
customers.
Supplier and Customer Relationships
- Promote sustainable and socially responsible business practices.
Social Responsibility and Sustainability
- Protect sensitive business information
Confidential and Proprietary Information
Avoid making business decisions based on mutual benefits rather than merit.
Reciprocity
Follow all applicable laws, industry regulations, and international trade
agreements.
Compliance with Laws, Regulations, and
Trade Agreements
Continuously develop knowledge and skills in ethical supply chain
management.
Professional Competence
What are the key elements of an ethical supply chain?:
FSTELES
Fair Trade Practices
Sustainable Sourcing
Transparency and Traceability
Environmental Impact Reduction
Labour and Human Rights Compliance
Ethical Procurement
Supplier Collaboration and Audits
- is a voluntary initiative that encourages businesses worldwide to adopt sustainable and socially responsible
policies.
United Nations Global Compact (UNGC)
Key Principles Related to Supply Chain Ethics under UNGC
Human Rights
Labor Rights
Environmental Responsibility
Anti-Corruption
outlines guidelines for social responsibility, including
ethical behavior, labor practices, environmental
considerations, and consumer protection, applicable
across the supply chain
ISO 26000: Social Responsibility Standard
- set global standards for labor practices, including minimum age for work, working hours, and the prohibition
of forced labor, which companies are expected to adhere
to across their supply chains.
International Labour Organization (ILO) Conventions
promote fair pricing and working conditions for producers in developing countries, ensuring ethical
sourcing practices.
Fair Trade Standards
What are the Philippine laws relevant to supply chain ethics?
Labor Code of the Philippines (Presidential Decree No. 442)
Consumer Act of the Philippines (Republic Act No. 7394)
Clean Air Act (Republic Act No. 8749)
Ecological Solid Waste Management Act (Republic Act No. 9003)
Toxic Substances and Hazardous Waste Act (Republic Act
No. 6969)
COMMON ETHICAL ISSUES IN SUPPLY CHAIN
CLEHIU
Corruption and Bribery
Labor Exploitation
Environmental Violations
Health and Safety Compliance
IP Theft
Unfair Trade Practices
refer to unethical practices where individuals or organizations offer or accept undue benefits (money, gifts, favors) in exchange for unfair advantages in business operations.
Corruption and Bribery
- includes child labor, forced labor, and unfair wages—practices that violate human rights.
Labor Exploitation