SOURCING OUR PRODUCTS

From our manufacturers and their factories, who we choose to work with, to how we work with business partners, the relationship we have with our suppliers is vital to ensure we achieve our sustainability goals and targets. Our Reports & Memberships section shares more on how we do this. Our Ethical Code of Conduct is also a key guidance document on how we work with our suppliers.

We outsource the manufacture of our products to carefully selected third-party manufacturers, and we focus on delivering quality, value and consistent products.

From our manufacturers and their factories, who we choose to work with, to how we work with business partners, the relationship we have with our suppliers is vital to ensure we achieve our sustainability goals and targets. Our Reports & Memberships section shares more on how we do this. Our Ethical Code of Conduct is also a key guidance document on how we work with our suppliers.

We outsource the manufacture of our products to carefully selected third-party manufacturers, and we focus on delivering quality, value and consistent products.

OUR SIX-PRINCIPLE SOURCING STRATEGY

In the year ended 31 January 2018, we sourced the majority of our products (approximately 95%) in Asia, with approximately 53% of our sourcing volumes originating from duty-free or reduced-duty countries. The remaining products are sourced from European countries. Although we’re always open to new ideas and sourcing opportunities, we’re committed to building lasting, win/win collaborative relationships with our suppliers.

Our sourcing strategy is centred around six principles: continuity of supply, optimisation of the sourcing routes, minimisation of dependencies and risks, supplier KPIs, ongoing price negotiations and social and ethical compliance.

OUR SIX-PRINCIPLE SOURCING STRATEGY

In the year ended 31 January 2018, we sourced the majority of our products (approximately 95%) in Asia, with approximately 53% of our sourcing volumes originating from duty-free or reduced-duty countries. The remaining products are sourced from European countries. Although we’re always open to new ideas and sourcing opportunities, we’re committed to building lasting, win/win collaborative relationships with our suppliers.

Our sourcing strategy is centred around six principles: continuity of supply, optimisation of the sourcing routes, minimisation of dependencies and risks, supplier KPIs, ongoing price negotiations and social and ethical compliance.

WE APPROVE A SUPPLIER BEFORE WE CAN WORK TOGETHER

Before a new supplier and/or factory can be approved, they need to go through a step-by-step approval process. This is to keep the supplier and factory base manageable and to reduce both quality and social compliance risks. Our team are not allowed to place Hunkemöller orders at unauthorised suppliers and/or in unauthorised factories. We also recognise by working with our suppliers we can achieve more and our aim is to help our suppliers get things right first time. All approved suppliers have access to our online supplier manual.

Each manufacturing location is scored on five levels, ranging from A to E, where A is best-in-class locations and E equals to locations with major findings requiring immediate action. The scorecard includes in-depth information per location in with regards to, for example, wages, working hours, safety, etc. A manufacturing location with a rating of C or lower is required to submit a Corrective Action Plan (CAP) within an agreed timeframe.

Collaboration is key for success

WE APPROVE A SUPPLIER BEFORE WE CAN WORK TOGETHER

Before a new supplier and/or factory can be approved, they need to go through a step-by-step approval process. This is to keep the supplier and factory base manageable and to reduce both quality and social compliance risks. Our team are not allowed to place Hunkemöller orders at unauthorised suppliers and/or in unauthorised factories. We also recognise by working with our suppliers we can achieve more and our aim is to help our suppliers get things right first time. All approved suppliers have access to our online supplier manual.

Each manufacturing location is scored on five levels, ranging from A to E, where A is best-in-class locations and E equals to locations with major findings requiring immediate action. The scorecard includes in-depth information per location in with regards to, for example, wages, working hours, safety, etc. A manufacturing location with a rating of C or lower is required to submit a Corrective Action Plan (CAP) within an agreed timeframe.

Collaboration is key for success