We are committed to the highest standards of ethical conduct in all of our business dealings.
We invite all suppliers to compete for our business, and in return, suppliers can expect a level playing field. We have no hidden factors in evaluating suppliers and submitted proposals—all relevant decision criteria will be spelled out in advance of soliciting a proposal.
Our employees are prohibited from accepting gifts or gratuities from our suppliers. While our rules do allow for limited exceptions for items of nominal value, the offer or acceptance of gifts is inappropriate and discouraged.
Under no circumstances will our employees solicit any gift or gratuity.
Measurement Specialties reserves the right to reject any and all proposals and does not bind itself to accept the lowest bid for any materials, products, or services submitted. Non-acceptance of any proposal will not imply any criticism of or deficiency in any proposal. Non-acceptance will mean that another approach was deemed by Measurement Specialties to be more advantageous.
In addition, suppliers are asked to only direct all inquires through the corporate sourcing groups and avoid any “back-door selling” techniques through our Engineering or Manufacturing organizations. Such an approach will eventually and unlikely result in no award scenarios or elimination from our supplier base.