Bulletin

Retailers forced to halt abuse of suppliers

The Chartered Institute of Procurement and Supply wants to implement a licensing scheme for supermarkets to require workers who deal with suppliers, such as buyers, to have a licence. The system would be designed to clamp down on supply chain abuse and malpractice. CIPS has held talks with key bodies in the industry and with government officials and believes licensing is necessary to improve supply chain oversight and transparency. Research by the body found that 72% of UK businesses said they cannot say for sure that there is malpractice in their supply chain. Tesco and Morrisons both received 18 complaints from suppliers relating to potential breaches of the Groceries Supply Code of Practice in the past year, while Tesco admitted it is likely to have breached the code on a 'number of instances', meaning it could face sanctions from the Groceries Code Adjudicator.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

Other Articles

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Spain

Santander takes 12 UK food and drink manufacturers to Spain on one of our successful trade missions. Adam Payne in the international team…

This International Women’s Day, our analysis reveals a continuing untapped potential and huge opportunity when it comes to women in…

London

London-based ACT Clean has secured private investor backing for a £10.2 million management buyout.

Bulletin
Getting a taste for Spain!

Santander takes 12 UK food and drink manufacturers to Spain on one of our Trade Missions. Alicia Ferrero Vega in the International team…

Bulletin

Where Next?