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: Rating

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 Fashion Revolution Fashion Revolution Research Group 8.3%

Discloses Quantity of Orders with Labor Cost Protection Score Fashion Revolution Fashion Revolution Research Group 8.3%

Discloses Free on Board (FOB) Price Changes (COVID-19 Response) Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3%

Publishes Standard Supplier Agreement Template Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3%

Publishes Responsible Purchasing Code of Conduct Score Fashion Revolution Fashion Revolution Research Group 8.3%

Discloses Policy on Up-Front Supplier Payments Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3%

Policy to Pay Supplier Within 60 Days Score Fashion Revolution Fashion Revolution Research Group 8.3%

Discloses Time Taken to Pay Purchase Orders Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 16.7%

Discloses Quantity of Orders Changed After Original Agreement Score Fashion Revolution Fashion Revolution Research Group 16.7%

Publishes Supplier Feedback on Purchasing Practices Score Fashion Revolution Fashion Revolution Research Group 8.3%