Introduces company-level improvements in purchasing practices for 10 companies across two ratings cycles. These findings demonstrate how supplier feedback on buyer purchasing practices enables companies to develop and track the effectiveness of their strategies for improvement. https://betterbuying.org/press-announcement-2020-better-buying-index-report-released/
A deep dive into the financial, social and environmental impacts of Monthly Order Variability on suppliers in global supply chains, and the key factors and buyer behaviors that influence these negative impacts.
As part of the 2020 Better BuyingTM ratings cycle, suppliers were asked a number of new questions about how their buyers’ purchasing practices impact on People, Planet, and Profit. The research focused on 4 key areas: Design and Development; investment in cost-reducing alternative technologies; expectations and incentives for CSR, compliance, and environmental sustainability performance; and the impacts of steep variations in month-to-month order volume.
A report on a joint piece of research aimed at understanding the purchasing practices experienced by suppliers during COVID-19 and how these positively or negatively impacted workers’ rights and wellbeing, within the context of one buyer’s supply chain in Vietnam.
These guidelines for companies look at short-term actions for immediate and wide adoption within the industry, as well as longer-term, forward looking actions and new ways of working during the Coronavirus recovery period.
Dr. Marsha Dickson, President and Co-Founder, on the important work of Better Buying Institute, which collects anonymous data and insights from suppliers about the purchasing practices of the global brands and retailers who buy their products. Win-Win Sustainable Partnerships between brands and suppliers are a win-win, and support the achievement of shared business, social and environmental goals. Brands and retailers who subscribe to Better BuyingTM continued to improve their purchasing practices even during the Covid-19 pandemic, and are building the resilient supply chains they will need to withstand future shocks and pandemics. Find out how suppliers, and brands, are using Better BuyingTM data to drive improvements, and to demonstrate progress and impact to investors and key stakeholders. Hear about our leading resources and tools, and our future plans for elevating supplier voices and supporting and inspiring companies to improve - via education, training, and innovative approaches.
2020 Better BuyingTM Purchasing Practices Index Report
