NAPM Principles and Standards of Purchasing Practice
LOYALTY TO YOUR ORGANIZATION
JUSTICE TO THOSE WITH WHOM YOU DEAL
FAITH IN YOUR PROFESSION
From these principles are derived the NAPM standards of purchasing
practice.
1. Avoid the intent and appearance of unethical or compromising
practice in relationships, actions, and communications.
2. Demonstrate loyalty to the employer by diligently following the
lawful instructions of the employer, using reasonable care and only
authority granted.
3. Refrain from any private business or professional activity that
would create a conflict between personal interests and the interests
of the employer.
4. Refrain from soliciting or accepting money, loans, credits, or
prejudicial discounts, and the acceptance of gifts, entertainment,
favors, or services from present or potential suppliers that might
influence, or appear to influence, purchasing decisions.
5. Handle confidential or proprietary information belonging to
employers or suppliers with due care and proper consideration of
ethical and legal ramifications and governmental regulations.
6. Promote positive supplier relationships through courtesy and
impartiality in all phases of the purchasing cycle.
7. Refrain from reciprocal agreements that restrain competition.
8. Know and obey the letter and spirit of laws governing the
purchasing function and remain alert to the legal ramifications of
purchasing decisions.
9. Encourage all segments of society to participate by
demonstrating support for small, disadvantaged, and minority-owned businesses.
10. Discourage purchasing's involvement in employer-sponsored
programs of personal purchases that are not business related.
11. Enhance the proficiency and stature of the purchasing
profession by acquiring and maintaining current technical knowledge
and the highest standards of ethical behavior.
12. Conduct international purchasing in accordance with the laws,
customs, and practices of foreign countries, consistent with United
States laws, your organization policies, and these Ethical Standards
and Guidelines.