A panel of industry experts has called on apparel buyers to exercise responsible purchasing practices to avoid supplier exploitation after hearing that laggard brands are undermining the whole apparel ...
A desktop review of research related to purchasing practices and factory-level non-compliance was conducted during November and December 2019, and updated in April through October 2022 due to the ...
Effective procurement management is crucial for a business to maintain financial health and ensure operational efficiency. In discussing best practice, modern procurement management systems require an ...
Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...
The first report is the Better Buying Partnership Index (BBPI) which Better Buying publishes in February and the second, larger report is the Better Buying Purchasing Practices Index (BBPPI), which we ...
Saks Fifth Avenue CEO Marc Metrick wrote a letter last month to around 2,000 brands stating payment terms will increase from 30 to 90 days from delivery of goods. Long terms and late payments, which ...
In today’s evolving business environment, procurement is no longer merely a cost-cutting function—it has become a strategic driver of efficiency, sustainability, and innovation. Businesses are ...
Do you know Better Buying's seven key purchasing practices? Read Lindsay Wright's latest blog to re-familiarize yourself ahead of the upcoming Better Buying Purchasing Practices Index (BBPPI) report ...