Categories
Blogs

The S Factor: Why investors should be using Better BuyingTM data to better understand human rights risks in supply chains

The S Factor: Why investors should be using Better BuyingTM data to better understand human rights risks in supply chains Investors as part of their active engagement on ESG should be asking non-participating companies to join Better BuyingTM and participating companies to share scorecards with them, says Dr Martin Buttle, Head of Good Work, ShareAction. […]

Categories
News

Better BuyingTM Repeat Subscribers Continue to Improve Purchasing Practices Despite Unprecedented Challenge of COVID-19

2021 Purchasing Practices Index: further evidence that responsible purchasing lies at the heart of supply chain resilience READ THE FULL REPORT READ THE SUMMARY REPORT  Brands and retailers who have subscribed with Better BuyingTM over two or more supplier ratings cycles have continued to improve their purchasing practices, and are making progress towards building  more resilient […]

Categories
Case studies

CASE STUDY: San Mar Corporation – A Canvas for Good

“Words are one thing, but concrete actions – like partnering with Better BuyingTM – really help demonstrate to our partners that we’re ‘walking the talk.’” We talk to Pat Noonan, Chief Product Officer of Better BuyingTM subscriber SanMar Corporation, on how working with Better BuyingTM is supporting the company to live up to its motto, […]

Categories
News

SanMar Corporation Becomes First Better BuyingTM Subscriber to Make its Scorecard Publicly Available

SanMar Corporation, a leading national supplier of wholesale apparel and accessories, has become the first Better Buying™ subscriber to embrace full transparency and accountability by making its Purchasing Practices Index scores publicly available. WATCH VIDEO The scores are based on anonymous feedback from its suppliers, which are aggregated via Better Buying’s proprietary algorithm, analyzed for […]

Categories
Blogs

Learning to Say No

Lever Style, a leading Hong Kong-based apparel manufacturer, expanded its business during the pandemic, when many other suppliers struggled, or went to the wall. The secret, according to the company’s Chairman, Stanley Szeto, is building resilience into your business by saying “no” to bad apples. You’re worth It If your boyfriend or girlfriend was being […]

Categories
Video

VIDEO: SanMar Corp: how subscribing with Better BuyingTM helps us be a great partner to our vendor base

Categories
News

The Five Principles of Responsible PurchasingTM: Better BuyingTM Launches High-Level Principles for Brands and Retailers

The Better Buying Institute is launching a set of five high-level principles for responsible purchasing for brands and retailers to adopt and follow. The Five Principles of Responsible PurchasingTM have been developed on the basis of  data provided by suppliers engaged with Better Buying’s ratings platform, surveys, and Supplier Roundtables over the last six years, and […]

Categories
News

Sustainable Terms of Trade Initiative publishes White Paper on Commercial Compliance

First joint manufacturers’ position statement on improving purchasing practices The Sustainable Terms of Trade Initiative (STTI), which is led by the STAR Network, the International Apparel Federation and Better Buying Institute and supported by GIZ FABRIC, has today published a White Paper on the core principles manufacturers want the garment and apparel companies who buy […]

Categories
News

Audit harmonization can reduce supplier costs by thousands, and drive investment in social and labor conditions

Initial analysis of Better Buying Purchasing Practice Index (BBPPI) 2021 data indicates that adoption by buyers of standardized CSR reporting can save suppliers thousands of dollars and drive key investments in working conditions, new technologies, and social and community programs. Suppliers whose customers accept standardized rather than buyer-specific factory audits are reporting significant savings, according […]

Categories
News

Deep Dive: Monthly Order Variability

Better Buying Institute has published a Deep Dive, and a number of accompanying resources, on the issue of Monthly Order Variability. Monthly Order Variability (MOV) reflects the changes to the total number of items a supplier ships to its customers from month to month, including the peaks and valleys of high seasons, low seasons and […]