Get the free Supplier Code of Ethics - ATS Automation

Supplier Code of Ethics ATS Automation Tooling Systems Inc. Supplier Code of Ethics ATS Automation INTRODUCTION ATS is committed to conduct business in a professional, honest and ethical manner, and

How to fill out supplier code of ethics

1. Clearly understand the purpose of the supplier code of ethics. Identify the specific goals and objectives the code aims to achieve in promoting ethical behavior within supply chain management.
2. Review existing policies and procedures related to supplier relationships. Take note of any guidelines or regulations that may already be in place, such as anti-corruption measures or anti-discrimination policies, and ensure alignment with the supplier code of ethics.
3. Consult stakeholders and gather input on the content and expectations of the supplier code of ethics. Engage with key individuals within the organization who have a vested interest in supplier relationships, such as procurement managers, legal counsel, and sustainability teams.
4. Outline the ethical principles and standards that suppliers will be expected to adhere to. These may include integrity, honesty, fair competition, respect for human rights, environmental sustainability, and social responsibility.
5. Include specific requirements regarding labor conditions and worker rights to ensure suppliers uphold fair employment practices, treat workers with dignity and respect, and comply with applicable labor laws and regulations.
6. Incorporate guidelines for suppliers to follow in promoting diversity, inclusion, and equal opportunity within their workforce and in their business dealings.
7. Address issues of bribery, corruption, and conflicts of interest. Establish clear procedures for identifying, reporting, and mitigating these risks in supplier relationships.
8. Establish clear communication channels between the company and its suppliers to promote transparency and foster a continuous dialogue on ethical practices. Encourage suppliers to engage with the company and report any potential violations of the code.
9. Implement a system for monitoring and evaluating supplier compliance with the code of ethics. Regularly assess supplier performance, conduct audits, and address any non-compliance issues promptly and appropriately.
10. Regularly review and update the supplier code of ethics to ensure it remains relevant and aligned with industry standards, regulatory requirements, and the company's own corporate values.

Who needs supplier code of ethics?

1. Companies or organizations that engage in business with external suppliers need a supplier code of ethics to ensure ethical conduct throughout their supply chain.
2. Suppliers themselves benefit from a supplier code of ethics as it provides clear guidelines on the ethical expectations and standards they must meet in order to do business with the company.
3. Stakeholders, such as employees, customers, investors, and the local community, also benefit from a supplier code of ethics as it ensures that the company's supply chain operates in an ethical, responsible, and sustainable manner.

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What is supplier code of ethics?

Supplier code of ethics is a set of guidelines and standards that suppliers are expected to adhere to when conducting business with a company.

Who is required to file supplier code of ethics?

Suppliers who wish to do business with a company are required to file a supplier code of ethics.

How to fill out supplier code of ethics?

Suppliers can fill out the supplier code of ethics by reviewing the guidelines provided by the company and ensuring that their business practices align with them.

What is the purpose of supplier code of ethics?

The purpose of supplier code of ethics is to ensure that suppliers conduct business in an ethical and responsible manner, in line with the values and standards of the company.

What information must be reported on supplier code of ethics?

Suppliers must report information such as their commitment to ethical business practices, compliance with laws and regulations, and any potential conflicts of interest.