SN Panigrahi is an experienced international corporate trainer, mentor and author with over 30 years of experience in various fields including project management, supply chain management, procurement, and indirect taxes. He has conducted over 150 workshops globally and published over 500 articles. He holds several professional certifications and has shared his expertise in various national and international forums. The document outlines Panigrahi's background and qualifications in procurement and supply chain management and discusses the importance of ethics in these fields.

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SN Panigrahi is a Versatile Practitioner, Strategist, Energetic Coach, Learning Enabler & Public Speaker.
He is an International-Corporate Trainer, Mentor & Author
He has diverse experience and expertise in Project Management, Contract
Management, Supply Chain Management, Procurement, Strategic
Sourcing, Global Sourcing, Logistics, Exports & Imports, Indirect Taxes –
GST etc.
He had done more than 150 Workshops Globally on above
Published more than 500 Articles; More than 90 Youtube Presentations &
90 SlideShares
He is an Engineer + MBA +PGD ISO 9000 / TQM with around 30 Yrs of
Experience
He is a certified PMP® from PMI (USA) and become PMI India
Champion
Also a Certified Lean Six Sigma Green Belt from Exemplar Global
Have been Trained in COD for 31/2 Yrs. on Strategy & Leadership
GST Certified – MSME – Tech. Dev. Centre (Govt of India)
ZED Consultant – Certified by QCI – MSME (Govt of India)
Member Board of Studies, IIMM
Co-Chairman, Indirect Tax Committee, FTAPCCI
Empanelled Faculty in NI MSME
He has shared his domain expertise in various forums as a speaker & presented a number of papers in various national and
international public forums and received a number of awards for his writings and contribution to business thoughts.
SN Panigrahi
9652571117
snpanigrahi1963@gmail.com
Hyderabad
SN Panigrahi, Essenpee Business Solutions,
India

3. SN Panigrahi, Essenpee Business Solutions, India
3
Procurement is the business function concerned with
Sourcing and Acquiring (Purchasing) the goods and
services from an external source to support the
operational activities that are vital to an organization
in accordance with the quality, quantity and timeframe
at the best price with applied risk management
control.

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10
R’s
Right Source
Right Quality
Right Quantity
Right Price
Right Time
Right Place
Right Service
Right Delivery
Mode
Right Contract
Right Payment
Terms

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Procurement is involved in supplier selection, evaluation, negotiation, contracts
sign off and awarding business to suppliers and usually have control over large
sums of money that an organization spends.
When interacting with suppliers, procurement should treat them in fair and
unbiased manner.
Therefore, Ethics play a major role in procurement and are considered more
important in conducting business that helps in establishing a long-term
relationship and goodwill with suppliers and sustainable image in the public.
It’s not only for Organization as a whole, but also reflects individual
Procurement Professionals who earns a reputation within an industry, as Brand
Stamping.
SN Panigrahi, Essenpee Business Solutions, India

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Ethical Business Practices in Purchasing and Supply Management expands
on the principles in the Code and addresses business to business ethical
issues and social responsibility issues within supply chains. It also takes into
account issues that have arisen throughout business regarding social
responsibility, personal accountability, corporate governance and so on.
Purchasing and supply management professionals are increasingly required
to demonstrate that the supply chains they manage take ethical and social
responsibility issues into consideration.
The main reasons for ensuring that supply chains meet these criteria should
be professionalism and moral and legal obligations.
SN Panigrahi, Essenpee Business Solutions, India

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Power is a key element in supply relationships. Purchasing and supply
management professionals should understand how to use the purchasing
power of their organisation appropriately.
Purchasing and supply management professionals are responsible for
determining the extent to which power should be used in relationships with
suppliers.
The exertion of undue influence or the abuse of power, as well as being
unprofessional, may contravene relevant legislation and is unlikely to achieve
long-term best value for money.
Purchasing and supply management professionals should discourage the
arbitrary or unfair use of purchasing power or influence.
SN Panigrahi, Essenpee Business Solutions, India

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Failing to abide to ethical practices can lead to
immoral and illegal practices such as bribery,
favoritism, illegal sourcing etc. and any such
unethical behavior will have a negative impact on
the brand image of the organization and
individuals.
SN Panigrahi, Essenpee Business Solutions, India

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SN Panigrahi,
Essenpee Business Solutions, India

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Principles Meaning
Accountability Effective Mechanism should be in Place to Enable Officers to Discharge their Responsibility on issues of Procurement
Competitive Supply Procurement should be carried out by Competition unless there are Convincing Reasons to the Contrary
Consistency Same Procurement Policy should apply across all the units and ensure Continuity of the Policy & to bring Consistency to Procurement Practices
Effectiveness Procurement should seek to attain balance of Commercial, Regulatory & Socio-Economic Goals
Efficiency Procurement Processes should be Cost Effective
Fair Dealing Suppliers should be treated fairly and without unfair Discrimination. They should not be required to meet unnecessary burdens or constraints
Integration Procurement Policy should integrate with Company’s overall Vision & Mission; Strategies & Broad Long Term Goals; and other Company Policies &
Procedures
Integrity Ethical aspect of Procurement & Professional codes of conduct such as honesty, truthfulness, fidelity, probity and freedom from corrupting
influences; should be Impartial and fair
Informed Decision-
Making
Decisions should be based on true and factual information
Legality Must Confirm to all Legal & Regulatory requirements
Responsiveness Should meet the aspirations, expectations, needs & requirements of the stakeholders served by the procurement
Transparency Should ensure Openness and clarity in procurement policy and its delivery
Confidentiality Suppliers' confidential information must not be disclosed to any third party or used in any way without the consent of the supplier.
Discrimination Should have a policy of equality for all in the workplace with no discrimination on the basis of race, caste, religion, nationality, age, gender, marital
status, sexual orientation, disability, union membership or political affiliation.

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SN Panigrahi, Essenpee Business Solutions, India

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SN Panigrahi, Essenpee Business Solutions, India

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14. Contact Details:
SN Panigrahi
9652571117
snpanigrahi1963@gmail.com 14