Press Announcement | Better Buying Releases New Report Linking High-Pressure Costing Practices to Suppliers’ Sustainability
July 30, 2020
Better BuyingTM has released its third in a series of Special Reports focused on how suppliers and supply chain sustainability are being impacted by the purchasing practices of brands and retailers, and what changes suppliers want to see as the industry recovers from COVID-19.
These latest findings reveal that the high-pressure cost negotiation strategies most frequently used by buyers also have the greatest impact on suppliers’ business profitability. New pricing and ordering strategies emerging since the onset of the COVID-19 crisis highlight the financial hardship the industry continues to face – as well as the prevailing strategy of offloading financial pressures onto suppliers.
Read the press announcement here.
Access the full report here.