Tier 1 supplier: Difference between revisions
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imported>Doug Williamson (Create page - source - The Treasurer 2023 Issue 2, May 2023, p10.) |
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:<span style="color:#4B0082">'''''Treasury support for suppliers through supply chain'''''</span> | :<span style="color:#4B0082">'''''Treasury support for suppliers through supply chain'''''</span> | ||
:"There are also alternative support structures in use, in particular what is known as ‘deep-tier’ financing. | :"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 | :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. | ||
:Such suppliers are mostly smaller companies and more likely to be vulnerable to economic disruption." | :Such suppliers are mostly smaller companies and more likely to be vulnerable to economic disruption." | ||
Latest revision as of 11:49, 17 May 2023
Commerce - supply chains - supply chain finance (SCF).
A tier 1 supplier is an individual or organisation that provides a final product directly to a customer.
All of our tier 1 suppliers are direct links to ourselves, in our supply chain.
Contrasted with tier 2 - and other tiers - further along our supply chain.
- Treasury support for suppliers through supply chain
- "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.
- Such suppliers are mostly smaller companies and more likely to be vulnerable to economic disruption."
- The Treasurer May 2023 Issue 2, p10.
