Tag: retailers
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. […]
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 […]
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CASE STUDY: SanMar Corporation
“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, […]
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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 […]
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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 […]
As human rights due diligence becomes increasingly important for businesses, Oxfam’s Private Sector Human Rights Advisor, Monica Romis looks at how purchasing practices have direct implications on the human rights of workers, shares some of Oxfam’s research and highlights concrete steps business can take for a more equitable distribution of rights and responsibilities through the […]
“It will become increasingly important for businesses to have a more collaborative, partnership-orientated relationship with suppliers. It is crucial that procurement practices enable this and Better Buying provides a simple solution to identify and monitor areas of improvement.” READ MORE
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2020 Better Buying Index ReportTM Released
The Better Buying Institute today released the 2020 Better Buying Index ReportTM, underscoring the importance of better purchasing practices by brand retailers in meeting post-COVID pandemic recovery. Twenty- two brand retailers invited more than 2,000 global suppliers to participate in the annual survey, which examines the impact of company purchasing practices – such as planning […]
Better Buying Releases New Report Linking High-Pressure Costing Practices to Suppliers’ Sustainability Better BuyingTM has released its third in a series of Special Reports focused on how suppliers 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 […]
