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Live Webinar

90-minute live streaming program
  • December 17
  • 1:00 - 2:30 pm EST

Also available as:

OnDemand Webinar
Audio & Reference Manual

Purchasing Ethics: Doing What's Right Across All Supplier Interactions

December 17

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. 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 will be discussed. You will 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 describe nonexclusive vendor certificates.
  • You will be able to identify ethics in purchasing.
  • You will be able to discuss what information you should protect.
  • You will be able to review accepting gifts from a supplier.

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Why Lorman?

Over 31 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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Why Lorman?

Over 31 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 Webinar

This course was last revised on August 8, 2017.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Live Webinar Registration

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     
  • CPE 1.8 including Behavioral Ethics 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a 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: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 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 1.8 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure 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. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Who should attend?

This live webinar is designed for purchasing and procurement professionals, buyers, material managers, contract administrators, project managers, controllers, accountants and bookkeepers.

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Why Lorman?

Over 31 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

Kenneth M. Jones

  • Procurement Specialist working part time for the SUNY Center for International Development with their program in Kenya, Africa
  • Has trained many University staff on procurement rules and regulations
  • Established online ordering processes with vendors ranging from office supplies to lab chemicals and continues to provide training in his current position to procurement staff in Nairobi, Kenya
  • 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 31 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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Product ID: 404637
Published 2017, 2018
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