In this question you are being asked to identify whether the company discloses the average number of days in which purchase orders are paid in full to suppliers after delivery/
Where to look for this information:
- Corporate Social Responsibility report
- In Modern Slavery Statement or
- California Transparency Act disclosure
- Company documents
- Company policies
- Company websites
- Company code of conduct
- Parent company documents (only if the parent company is linked to from the brands website)
- Parent company policies (only if the parent company is linked to from the brands website)
- Parent company websites (only if the parent company is linked to from the brands website)
- Parent company code of conduct (only if the parent company is linked to from the brands website)
Good keywords for your searches include:
- On-time
- Purchase Order
- Purchasing Practices
Things to keep in mind:
- Extended and long payment terms can impact a supplier’s ability to provide decent employment conditions
- Long payment terms mean suppliers have to 'front' the costs of raw materials, often buying them on credit