Purchasing Practices
Want to learn more about Purchasing Practices?
Find out everything you need to know about Purchasing Practices. What does the term "Purchasing Practices" actually mean? When do brands pay suppliers for the goods they’ve produced? How are prices negotiated? Are technical specifications agreed before production is due to start?
Let's start with the most pressing questions on the topic of Purchasing Practices and learn more about how the issue is affecting supply chains. What else is there to discover? A quick guide to the key actors and initiatives helping the industry to understand and take action on better Purchasing Practices. Learn more about the Common Framework for Responsible Purchasing Practices (CFRPP). Read our interview with Better Work about why now is the right time to talk about better Purchasing Practices.
Are you a manufacturer? We get it, engaging in conversations about purchasing practices can be risky for suppliers, leading to lost orders and retribution. Here are some low-risk ways for you to have your say. You can also find the latest news and resources on Purchasing Practices in this section.
Latest article on Purchasing Practices
The Better Buying Partnership Index (BBPI) Opens for Supplier Ratings Today!
Better Buying is offering every STTI participating supplier organization a free country-specific report based on the responses your members provide during this month's ratings cycle.
Putting the Brakes on Purchasing Practices Survey Fatigue
Buyer surveys on Purchasing practices do not produce credible data, and waste money and resources that brands and retailers could be spending elsewhere in the business. So let’s put the brakes on, before this train gets out of control. A comment from Better Buying Institute President, Dr. Marsha Dickson.
Manufacturers, get involved & have your say…
We get it, engaging in conversations about purchasing practices can be risky for suppliers, leading to lost orders and retribution. Here are some low-risk ways for you to have your say.
What is the Common Framework for Responsible Purchasing Practices?
The Common Framework for Responsible Purchasing Practices (CFRPP) provides a common language and alignment on what constitutes responsible purchasing practices.
Why is it the right time to talk about better Purchasing Practices?
As Better Work launches a new supply chain eLearning course aimed at helping industry stakeholders understand the impacts of supply chain decisions, we spoke to two leading voices in the programme about why action on purchasing practices is critical to the future of the garment industry.
Learnings & Tools
“Purchasing Practices” is an umbrella term that refers to how buyers engage with their suppliers. For instance: when do brands pay suppliers for the goods they’ve produced? How are prices negotiated? Are technical specifications agreed before production is due to start? Find relevant learnings and tools around Purchasing Practices.
News on Purchasing Practices
Ensuring fair wages while keeping Bangladesh’s RMG sector competitive
Ensuring fair wages in Bangladesh’s RMG sector while staying competitive is a major challenge. A sudden wage increase could harm the industry due to rising costs and global competition. Instead, investments in subsidized healthcare, housing, and education could improve workers' well-being without jeopardizing the sector’s stability.
Read MoreBangladesh’s path to sustainable competitiveness strategy for sustainable global leadership
Bangladesh is implementing sustainable strategies to strengthen its competitiveness in the global textile industry. The focus is on eco-friendly production, improved working conditions, and technological innovation. Through these measures, the country aims to solidify its position as a leading exporter and take on a pioneering role in sustainable textile production.
Read MoreCambodia Advances Sexual and Reproductive Health for Garment Workers
On November 21, 2024, Dr. Huy Hansong, Secretary of State for the Ministry of Labor and Vocational Training, closed the Partnership Project to Promote Access to Sexual and Reproductive Health Services for garment workers at a ceremony in Phnom Penh.
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