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The Sustainable Terms of Trade Initiative (STTI) holds its first bi-annual in-person meeting on Monday March 14th in Istanbul, Turkey and announces new spokespersons The event was hosted by IHKIB, one of the now 15 associations participating in STTI, and planned to coincide with the IAF-IHKIB seminar “Greening the Apparel Industry”, as well as the […]
Brands and retailers should discontinue the use of proprietary company audits and assessments and start talking to their suppliers about alternatives, such as the SLCP Converged Assessment. This suggestion tops a checklist for brands and retailers looking to improve their partnerships with suppliers, which features in a Deep Dive on Win-Win Sustainable Partnership published today […]
In today’s competitive environment with so many uncertainties, whatever information available within a supply chain, if shared, will lead to efficiencies and enable all parties within the chain to gain margins. The whole value chain should work together and the starting point of that collaboration is communication. The latest Better Buying Partnership IndexTM,which is being […]
The term “partnership” is a long-established part of the apparel industry lexicon. The term is often invoked by brands and retailers when defining the quality of their supplier relationships, to imply that we’re working together, everyone is benefitting, everything is just great. Strategic partners especially are assumed to enjoy enviable deals – with large orders […]
Launch of the Better Buying Partnership IndexTM DOWNLOAD FULL REPORT AND SUMMARY What really makes a “True Partner?” Article by Dr. Marsha Dickson Brands and retailers are missing opportunities to improve their businesses, and are incurring unnecessary costs, by not seeking out their suppliers’ ideas and insights on product and process innovation. They also risk […]
Better Buying Institute is seeking a number of Local Ambassadors to engage suppliers during the 2022 ratings cycle. The Local Ambassadors will be responsible for increasing supplier participation and achieving target response rates. The Local Ambassador will use one-to-one communication methods (including direct phone calls and in-person visits where COVID-19 guidelines allow) to let suppliers […]
“When we were considering organizations to partner with to develop a Responsible Purchasing Practices eLearning training, Better Buying Institute was at the top of our list given their work in this ‘space’, and the training that BBI developed is reflective of that expertise.” Selcuk Buyukozer, VP Social & Environmental Affairs (SEA) Americas, adidas. The Better Buying […]
Homegoods retailers and brands are now invited to subscribe for the 2022 Better BuyingTM ratings cycle The Better Buying Institute continues its expansion into the wider consumer goods sector with the publication today of its first Spotlight Report and Scorecard for Homegoods. The Better Buying Purchasing Practices IndexTM (BBPPI) originally focused on the apparel and […]
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. […]
