groceries supply code of practice

New Code to Stop Supermarkets ‘bullying’ Small Suppliers

New Code to Stop Supermarkets ‘bullying’ Small Suppliers

The Forum of Private Business (FPB) has welcomed the introduction of a new code of practice designed to stop supermarkets exploiting small suppliers. Published by the Competition Commission, the Groceries Supply Code of Practice (GSCOP) came into force on 4th February and applies to all supermarket chains with a turnover of £1 billion or more. The new code replaces the previous Supermarkets Code of Practice (SCOP) which only applied to the big four; Sainsbury’s, Tesco, Asda and Morrisons. The ten main supermarkets have signed up to the GSCOP, which will prevent them from altering supply terms after an agreement has been made and asking suppliers to pay for products that have been lost or stolen during delivery. The code also entitles suppliers to apply to an independent arbitra... »