Ethics of Supply Chain Management

An important statement that relates to ethics in the field of supply chain management is the significance of supplier and customer relationships. Promoting positive and supplier chain relationships is very important to the customer and also to the company as a whole. The company's reputation will go up because of the importance it gives it to its customer and also because of having a lot of supply of the product which will meet the demand of the customers. These two aspects are extremely important for the company's growth and development and without these two aspects, the company can suffer tremendously and consequently these aspects will inhibit the growth and development of the company. It is really important to hire competent employs who are well known with the principles of supplier and customer relationships. It will avoid the long training that they would have had to go through if they were not aware of the principles and policies. To prevent this training, supply chain management majors can learn these important aspects in college itself. Right now, what I am doing in college to prevent training and to know more about the ethics of supplier and customer relationships, I am learning the importance of supply and demand in my microeconomics class, which is important in supply chains, improving my communication skills by talking to all different kids of people from different paths, and finally I am researching more about supply chain management and learning more about its ethics such as responsibilities to your employees and sustainability and social responsibility.

Works Cited

ISM - Tools - Principles and Standards of Ethical Supply Management Conduct." ISM - Tools - Principles and Standards of Ethical Supply Management Conduct. N.p., n.d. Web. 15 Nov. 2012. <http://www.ism.ws/tools/content.cfm?ItemNumber=4740>.