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Stakeholders in supply chain management
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More handpicked essays just for you.
Stakeholders in supply chain management
Ethics in business environment
Practices of business ethics
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Stakeholders in supply chain management
They also make satisfactory environment inside the organization and provide satisfactory services to the customers. Suncor’s leaders make trustworthy relationship with their stakeholders by providing them immediate results of assurance that their economic, environmental and social performance will endure over time and they are also providing more than 30% annual shareholders return since 1992. (Suncor,
Finally, all individuals subject to the Code of Conduct must treat Lowe’s patrons and suppliers impartially, honestly, ethically and within the law, while adhering to all fair competition laws and maintaining the confidentially of information instructed to them by
1.001 Microbiological; define the inherent micro. risks to the ingredients, process, manufacturing environment, and finished product over the intended shelf life 1.002 Food Allergens; define the food allergen risks for the product, process, and the ingredients 1.003 Preventive Controls (HACCP); confirm the requirements to produce the product in a safe manner with Mars Global HACCP Standard, Codex Alimentarius and FSMA criteria 1.004 "Metal Detection; confirm that metal detection systems (and other foreign material controls) are applied to comply to Company Standards and recall prevention " 1.005 "GMP 's & Food Defense; confirm what will be required to produce the product in compliance to the regulations " FSMA and Product Design / Specifications
After reading their code of ethics customer service is the number one priority to them and also their employees. Major topics covered in their code of ethics that stuck out to me were “We take care of our customer”, “Our door is always open”, and “We treat each other with respect”. Three very important
Costco has built a reputation of being a caring corporation1 with a low cost structure in the discount services sector. Their founder, Jim Sinegal, believed in building a business on strong ethics while offering a wide selection and great value. Costco’s vision is expressed in its code of ethics which contains five key tenets by which the company operates: Obey the law, take care of our members, take care of our employees, respect our suppliers & reward our shareholders.2 With this vision Costco has built the third largest retailor in the United States. By looking closely at the code of ethics it becomes possible to see it has built in strengths and weaknesses.
The Code shifts to a strong principle-based approach while stating virtues in which employees are expected to follow. One provision details, “We are prepared to make the tough decisions or take the critical actions, and do it right,” establishing that there is an expectation that, “We all have a duty to understand and abide by the principles and guidelines outlined…” this suggests duty-based behavior to be placed on the guiding principles established by York County. There are various individual virtues mentioned throughout the Code of Conduct but in the format of principles intended for employees to reference. The final provision ensures that the principles displayed in the Code of Conduct are to be used for the benefit of “The County’s long-term interests, and the interests of everyone who has a stake in our County’s success, depend on our total commitment to doing business with integrity.” This demonstrates the integration of principles, virtue, and consequence in order to accomplish
By conducing regular supplier audits will help to identify certified company with consistency in quality and suitability of products. EDI specific controls will increase accuracy and speed. It will reduce paper, postage premiums for overnight delivery
Chemerix should have a comprehensive code of conduct. The most important factor for a company to promote moral behavior is a complete list of codes of conduct. It plays as a guideline, and helps the company to make ethical decisions, and solve ethical dilemmas. As a result, following a well-structured code of conduct increases the reputation of the company, and prevents negative financial effects due to legal issues. Companies should make sure that employees read and understand the requirements of their organization 's code of conduct.
Its code of ethics can be found in the Appendix. A Code of Ethics describes standards of conduct of an organization 's
Suppliers provide products and services in return for payment on time, repeat orders and respect but
The adoption of CSR strategy is also another drive factor for companies as it is perceived a way to gain competitive advantage. Those two aspects are strongly connected and the role of the supply chain in CSR strategies is vital (Blowfield & Murray, 2010). Companies which have not only adopted CSR actions but have highlightened them as a core factor of their long-term strategic planning may find complexities to uphold their social and enviromental standards to the whole value chain. The key issues that must be solved in the supply chains to support the firm’s CSR strategy are: • The partnership companies have with their suppliers: Companies, likeTesco, must collaborate more closely with their tier suppliers without underestimating the controlling them to esnure that sustainable ethics and actions are applied. • Particularly, for the transportation/distribution sector, the reduction of fuel emissions can be achieved by achieving a successful perfomance of lean supply chains, with organized distribution plans which will minimize the
While ensuring this, they implement some important decisions: -Consumer feedback is extremely important to them for product development. Their customer care receives many feedbacks on a daily basis and they make sure that they taken into consideration all the needs, big or small, of their consumers. For instance, the HEATTECH material got several feedbacks for the fabric to be softer, warmer and to introduce a wider range of colors. -Moreover, the fact that they procure all their raw materials from all over the world and their suppliers provide them with all raw materials made to order for their specifications ensures that they use the best quality
Before following the ‘code of conduct’ there are some ethics that we have to learn by our self to be in the industry. As a designer first we have to learn how to be professional. Professionalism is an attitude to be developed. As a professional designer we should think, act, react, plan, and perform in professional manner. Self-discipline, responsibility, integrity, competence, co-operate, team work are guideline principals to be a professional designer.
Governance and Ethics BP has a series of Governances and Ethics codes which covered operating safely, responsibly and reliably; respecting and valuing our people; how they work with their partners and suppliers; protecting BP’s assets; and working with governments and communities, including their commitment to human rights. The ethic codes applied to all employees, officers and members of the board. BP expects and encourages their contractors and employees to consistently comply with the code. The company will take appropriate and immediate actions if they believe that the employees have not met the expectations or their contractors.
Ethics and integrity is essential and played an important role in helping the growth of the business. Behave ethically could contribute to good performance and customers’ satisfaction. This lead maintains and expands the relationship between both parties and indirectly would increase company reputation (Bandsuch, M 2009). According to the Trevino & Nelson (2010), behave in ethics and integrity not only could stronger the relationship with the customers, but also the relationship with the stakeholders.