Fashion Revolution+Publishes Standard Supplier Agreement Template

Publishes Standard Supplier Agreement Template

Does the company publish a standard supplier agreement template, setting out typical order and payment terms and conditions?

Wikirate ID: 7449497

Designer: Fashion Revolution

Metric Type: Researched

About the data

Purchasing practices are the way that a company interacts and does business with the manufacturers that supply their products. It encompasses strategic planning, sourcing, development, purchasing (buying) and the underlying behaviours, values and principles which impact workers. Disclosure of payment terms is important because it helps suppliers plan and as they front the costs of production (in most cases), having this information better enables prompt and fair payment terms as suppliers are able to plan and pay workers on time and adequately.

Methodology

In this question you are being asked to identify whether the company publishes a standard supplier agreement template, setting out typical order and payment terms and conditions.

Where to look for this information:
- Company documents
- Company policies
- Company websites
- Company supplier 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:
- Supplier template
- Supplier agreement
- Template

Things to keep in mind:
- Extended and long payment terms can impact a supplier’s ability to provide decent employment conditions

Topics

Purchasing Practices

FTI2021

Value Type