What is Ethical Procurement?
Ethical procurement refers to a wide range of issues that can impact the ethical and sustainability goals of a business. Examples include the monitoring of unethical or illegal supplier business procedures and practices that can impact your organization’s procurement efficiency and reputation. A bribery scandal, for example, may cost the business heavy fines and lasting reputational damage.
Ethical procurement outlines a company’s code of conduct and commitment to social, environmental and legal ethics, and it requires a thorough understanding of your company’s social responsibility, societal obligations and expectations. Its successful implementation requires the adoption of a practical approach to eliminate unethical practices from procurement. Read more to learn about GEP’s procurement software and procurement services.
Stay Ahead With Fresh Thinking and Insights
Explore the latest trends, technologies, and strategies in procurement and supply chain management. Dive into insight-packed white papers, research reports, case studies, and webcasts to stay informed and lead the way.
GEP Outlook 2025: Procurement & Supply Chain Key Trends, Challenges and Opportunities
3 AI Adoption Pitfalls To Avoid in Procurement and Supply Chain Management
Navigating Trade, Tariff and Policy Shifts Under New U.S. Leadership: Action Plan for 2025 and...
The What, Why and How of Total Procurement Orchestration
How an American Retailer Saved $25M on Packaging Through Strategic Sourcing Powered by GEP
How CPG Companies Can Conquer Tail Spend With an AI-Enabled Solution
World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.