Tier 3 supplier and Tiered: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''Commerce - supply chains - supply chain finance (SCF).''
Tiered interest is credited at higher rates on larger balances.


A tier 3 supplier is an individual or organisation that is part of our supply chain, but not a direct supplier.
The calculation may be ''stepped'' or ''banded''.


The tier 3 supplier is a third level connection of ours, supplying goods or services to our tier 2 suppliers.
In turn, our tier 2 suppliers provide goods or services to our tier 1 (direct) suppliers.
All of our tier 3 suppliers are therefore indirect links to ourselves, in our supply chain.
:<span style="color:#4B0082">'''''Deep-tier financing supports suppliers'''''</span>
:"There are also alternative [supply chain finance] support structures in use, in particular what is known as ‘deep-tier’ financing.
:This approach sees treasury at end customers provide support not just to tier 1 suppliers, but also to those in tiers further along the supply chain."
:''The Treasurer May 2023 Issue 2, p10.''




== See also ==
== See also ==
* [[Contractor]]
*[[Stepped]]
* [[Customer]]
*[[Banded]]
* [[Deep-tier financing]]
* [[Subcontractor]]
* [[Supplier]]
* [[Supply chain]]
* [[Supply chain finance]]  (SCF)
* [[Tier 1 supplier ]]
* [[Tier 2 supplier]]
* [[Treasury]]


[[Category:The_business_context]]
[[Category:Financial_management]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Liquidity_management]]
[[Category:Trade_finance]]

Revision as of 12:54, 6 April 2015

Tiered interest is credited at higher rates on larger balances.

The calculation may be stepped or banded.


See also