In 2017 to address in-work poverty we welcomed a review of our purchasing practices by joining Better Buying, a global initiative that provides retailers, brands and suppliers a cloud-based platform to obtain data driven insights into purchasing-related activities. Better Buying’s transparency promotes sustainable partnerships and mutually beneficial financial results and additional outcomes.
By joining the Better Buying initiative, we now work alongside our suppliers to reduce financial risks and create opportunities for reinvestment in socially and environmentally relevant activities. We invited our suppliers to anonymously answer a survey about our buying practices and related workflow. During the three rating cycles the survey results were analysed for trends. The feedback process of this partnership helped us improve the business relationship with our supply chain partners, creating shared goals and sustainable partnerships.