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 (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!
Putting the Brakes on Purchasing Practices Survey Fatigue
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 (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
The hidden costs of our purchases: True Pricing and the road to fairer price
You go to the store for a carton of milk or, if we focus on our industry, a new item of clothing. You pay the market or retail price based on what it costs to produce and sell that item. But did you know that you don't always pay the "true price"? Manufacturers and companies don't usually pass on all the costs to the end consumer. Just think about the impact the production of our items has on our environment, like raw material consumption and the carbon emissions from transportation, for example. Read MoreBBPI 2024 – Overall partnership score for Softgoods up 8 Points
Buyer-supplier partnerships in the garment and footwear sector have improved significantly since last year, according to research published today by Better Buying Institute. Read MoreBrands' partnerships with suppliers 'improving'
Buyer-supplier partnerships in the garment and footwear sector improved significantly last year, according to a new report from the Better Buying Institute (BBI). The BBI has published its annual Better Buying Partnership Index (BBPI) which enables suppliers in global supply chains to anonymously rate the quality of their commercial partnerships with brands and retailers. Read More