What we do
Each business assesses its suppliers against set criteria to provide protection to both us and our customers in the event of a product failure or breach of regulation in the supply chain.
We have 43,000 reputable suppliers manufacturing over one million products around the world. This gives us access to a diverse and broad range of quality products.
While the product is incredibly important, an equally essential part of the equation is the expert knowledge that we bring. We are frequently asked by our customers to help them find a suitable product to meet a specific need. The expert guidance that we offer is based on a broad knowledge of the supplier landscape. Our logistics network, which connects these suppliers to our customers, is a key differentiator.
Our leading market positions enable our central sourcing teams in each region to leverage our scale and negotiate competitive prices in return for access to over one million customers.
We work with our suppliers to ensure that they are reliable and ethical and that their products are fully compliant with the laws and regulations of the countries in which we operate. This provides protection to us and our customers in the event of a product failure or breach of regulation in the supply chain. On the rare occasion that a product is faulty, customers have the confidence of knowing that we will support them.
UK Modern Slavery Act
Since 2016, the Company has responded to the UK government’s directive under the Modern Slavery Act for concerted action to tackle the occurrence of forced, involuntary and child labour in the global supply chain. Whilst collectively Ferguson buys products from over 43,000 suppliers in 36 countries, we primarily source manufactured goods from suppliers in North America and Europe where the risk of modern slavery is lower. As we continue to enhance our anti-slavery measures, we will focus our efforts on our international suppliers.
During 2017/18, key milestones included:
– Increasing the number of suppliers subject to Ferguson’s anti-slavery standards. In total, 1,307 major suppliers have contractually pledged to abstain from use of child, forced, or involuntary labour in their operations. Approximately 10 per cent of these suppliers are in countries with a prevalence of modern slavery according to The Global Slavery Index.
– Harmonising anti-slavery measures across our businesses. Our businesses have begun incorporating ethical and anti-slavery elements in their supplier audit methodologies.
– Developing a risk assessment tool to enhance the effectiveness of our anti-slavery engagement with our international suppliers. The risk assessment tool will detect high risk suppliers, without regard to level of spend, based on geographic location, level of corruption as measured by Transparency International’s Corruption Perceptions Index, and manufacturing sector.
We remain steadfast in our commitment to eradicating any form of modern slavery in our global supply chain.
Modern Slavery Act Documents:
Modern Slavery Act 2019