Fashion Revolution+Publishes Standard Supplier Agreement Template+About

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.