Fashion Revolution+Purchasing Practices Score

Purchasing Practices Score

What score did the company achieve for this indicator in the Fashion Transparency Index?

WikiRate ID: 13174807

Metric Type: WikiRating

Formula

Answers are calculated as a weighted average. To find a weighted average of a group of numbers that have been normalized to the same 0-10 scale, you simply multiply each number by its weight (percentage) and add them up

Topics

FTI2022

Years

2023

2022

Purchasing Practices Score

Formula

How it works info

Protects Labour Costs in Price Negotiations Score 8.3%

Discloses Quantity of Orders with Labor Cost Protection Score 8.3%

Discloses Free on Board (FOB) Price Changes (COVID-19 Response) Score 8.3%

Publishes Standard Supplier Agreement Template Score 8.3%

Publishes Responsible Purchasing Code of Conduct Score 8.3%

Discloses Policy on Up-Front Supplier Payments Score 8.3%

Policy to Pay Supplier Within 60 Days Score 8.3%

Discloses Time Taken to Pay Purchase Orders Score 16.7%

Discloses Quantity of Orders Changed After Original Agreement Score 16.7%

Publishes Supplier Feedback on Purchasing Practices Score 8.3%