Rule #1: Standardize

Rule #2: Standardize

Rule #3: Standardize

You get the picture. While organizations are unique in many ways, their purchasing risks usually aren't. They operate in the global marketplace as commercial actors. Utilizing global standards and language lowers the cost for buyers and suppliers alike. 

For buyers, utilizing global standards allows for easier adoption, translation, training, auditing, and reporting.

 

For suppliers, global standards are easier to understand and convey to workers. It also makes it easier to disseminate to their suppliers.

 

are the globally recognized supply ethics standards?

 

  • Ethical Trade Initiative (ETI) Base Code 

  • Pharmaceutical Supply Chain Initiative (PSCI) Principles

  • International Standards Organization (ISO 2600) 

What should an organization consider?

    • What other codes are suppliers and their customers using​?

    • What are other buyers (private and public) doing?

  • Use plain language, not legalese, wherever possible

  • Look at corporate entities that buy or make similar products and face similar risks ( e.g., electronics, textiles, pharmaceuticals, etc.)

  • Look at public institutions with good corporate social responsibility platforms

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