Statutory instrument and Tier 2 supplier: Difference between pages

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(SI). A type of delegated legislation in the UK, usually written by a Government minister, exercising legislative powers delegated to the minister by Act of Parliament.
''Commerce - supply chains - supply chain finance (SCF).''
 
A tier 2 supplier is an individual or organisation that is part of our supply chain, but not a direct supplier to ourselves.
 
 
The tier 2 supplier is a second level connection of ours, supplying goods or services to our tier 1 (direct) suppliers.
 
All of our tier 2 suppliers are therefore indirect links to ourselves, in our supply chain.
 
 
:<span style="color:#4B0082">'''''Deep-tier financing supports tier 2 and other 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 ==
* [[Delegated legislation]]
* [[Contractor]]
   
* [[Customer]]
* [[Deep-tier financing]]
* [[Subcontractor]]
* [[Supplier]]
* [[Supply chain]]
* [[Supply chain finance]] (SCF)
* [[Tier 1 supplier ]]
* [[Tier 2 ]]
* [[Tier 3 supplier]]
* [[Treasury]]


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

Latest revision as of 11:50, 17 May 2023

Commerce - supply chains - supply chain finance (SCF).

A tier 2 supplier is an individual or organisation that is part of our supply chain, but not a direct supplier to ourselves.


The tier 2 supplier is a second level connection of ours, supplying goods or services to our tier 1 (direct) suppliers.

All of our tier 2 suppliers are therefore indirect links to ourselves, in our supply chain.


Deep-tier financing supports tier 2 and other suppliers
"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