Fashion Revolution+Purchasing Practices Score+OVS SpA+2023

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

Answer:

4.2

Metric Designer: Fashion Revolution

Metric Title: Purchasing Practices Score

Company: OVS SpA

Year: 2023

Status:

Verified 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 Fashion Revolution Fashion Revolution Research Group 8.3% 0.0 2023

Discloses Quantity of Orders with Labor Cost Protection Score Fashion Revolution Fashion Revolution Research Group 8.3% 10 2023

Discloses Free on Board (FOB) Price Changes (COVID-19 Response) Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3% 10 2023

Publishes Standard Supplier Agreement Template Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3% 0.0 2023

Publishes Responsible Purchasing Code of Conduct Score Fashion Revolution Fashion Revolution Research Group 8.3% 10 2023

Discloses Policy on Up-Front Supplier Payments Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 8.3% 10 2023

Policy to Pay Supplier Within 60 Days Score Fashion Revolution Fashion Revolution Research Group 8.3% 0.0 2023

Discloses Time Taken to Pay Purchase Orders Score Fashion Revolution Fashion Transparency Index 2021 - Scoring 16.7% 0.0 2023

Discloses Quantity of Orders Changed After Original Agreement Score Fashion Revolution Fashion Revolution Research Group 16.7% 0.0 2023

Publishes Supplier Feedback on Purchasing Practices Score Fashion Revolution Fashion Revolution Research Group 8.3% 10 2023

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