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.
Learning Objectives
- You will be able to recognize best practices during vendor visits
- You will be able to identify best practices with Requests for Proposals (RFP).
- You will be able to identify Procurement policy requirements
- You will be able to identify the best practices when choosing a bid
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
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
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Credit
More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last reviewed on May 29, 2024.
Call 1-866-352-9540 for further credit information.
CPE/NASBA - QAS Self Study 2.0 including Behavioral Ethics 2
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Behavioral Ethics for 2.0 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
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More Program Information
Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Kenneth M. Jones
- Procurement specialist (part time) providing training to new procurement staff at the University at Albany, SUNY
- Previously served as the Assistant Director of Institutional Services at the University at Albany, SUNY, for 15 years
- Has trained many university staff on state procurement rules and regulations as well as the Research Foundation for SUNY (a non-profit organization) rules and regulations working with various granting agencies
- Provided procurement procedures, training, and transactional review for a research foundation for a SUNY grant funded procurement team in Nairobi, Kenya
- Established online ordering processes with vendors ranging from office supplies to lab supplies
- More than 30 years of experience working in the public and nonprofit procurement field
- Previous purchasing experience included procuring commodities, services, and construction for the departments on campus
- Conducts regular seminars, webinars, and workshops on various procurement topics
- Past purchasing assistant for the New York State Office of Taxation and Finance
- Can be contacted at 518-875-6854 or [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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