3D Business
The Impact of Buying Practices on Building Ethical Supply Chains
Buying practices can greatly affect a relationship between brand and supplier – for good or bad. We examine how different buying practices can impact the ability for suppliers to pay a living wage and meet other ethical and environmental standards.
Over recent years, and since the start of the 2020 global Covid crisis in particular, the buyer/supplier relationship has come under extreme strain. On the one hand, conventional purchasing practices are driven by intense pressure to meet margins, keep purchase costs low, and an increasing focus on speeding up the production timeline.
At the same time, buyers are under increasing pressure to ensure that their suppliers meet ever-higher expectations of labour, safety and environmental manageme…
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Find out more7 May 2019
