Ethical Considerations in Procurement: Nurturing Transparency, Fairness, and Social Responsibility

Procurement is crucial for any organization, encompassing acquiring goods and services to support business operations. However, this seemingly routine process can significantly impact a company’s reputation, sustainability, and overall success. Ensuring ethical procurement practices is paramount, as it fosters stakeholder trust, safeguards against potential conflicts of interest, promotes fair treatment of suppliers, and upholds corporate

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