Fashion Revolution+Purchasing Practices Score+F F+2022

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

Answer:

0.8

Metric Designer: Fashion Revolution

Metric Title: Purchasing Practices Score

Company: F&F

Year: 2022

Status:

Unverified - Added by Steward

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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

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

Answer:

Formula

How it works info

Protects Labour Costs in Price Negotiations Score 8.3% 0.0

Discloses Quantity of Orders with Labor Cost Protection Score 8.3% 0.0

Discloses Free on Board (FOB) Price Changes (COVID-19 Response) Score 8.3% 0.0

Publishes Standard Supplier Agreement Template Score 8.3% 0.0

Publishes Responsible Purchasing Code of Conduct Score 8.3% 10

Discloses Policy on Up-Front Supplier Payments Score 8.3% 0.0

Policy to Pay Supplier Within 60 Days Score 8.3% 0.0

Discloses Time Taken to Pay Purchase Orders Score 16.7% 0.0

Discloses Quantity of Orders Changed After Original Agreement Score 16.7% 0.0

Publishes Supplier Feedback on Purchasing Practices Score 8.3% 0.0

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