Difference between revisions of "Supplier"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
| Line 1: | Line 1: | ||
== Definition == | == Definition == | ||
| − | '''Supplier''' | + | '''Supplier''' is any party that supplies goods or services. An entity upstream from the [[Organization]] (i.e., in the organisation’s supply chain), which provides a product or service that is used in the development of the organisation’s own products or services. |
A supplier can have a direct business relationship with the organisation (often referred to as a first-tier supplier) or an indirect business relationship. | A supplier can have a direct business relationship with the organisation (often referred to as a first-tier supplier) or an indirect business relationship. | ||
| Line 9: | Line 9: | ||
== Notes == | == Notes == | ||
| − | * A supplier may be distinguished from a [[Contractor]] or | + | * A supplier may be distinguished from a [[Contractor]] or [[Subcontractor]], who commonly adds specialized input to deliverables. |
* The suppliers of suppliers in a supply chain are denoted as second tier suppliers etc. | * The suppliers of suppliers in a supply chain are denoted as second tier suppliers etc. | ||
Latest revision as of 16:58, 6 February 2024
Contents
Definition
Supplier is any party that supplies goods or services. An entity upstream from the Organization (i.e., in the organisation’s supply chain), which provides a product or service that is used in the development of the organisation’s own products or services.
A supplier can have a direct business relationship with the organisation (often referred to as a first-tier supplier) or an indirect business relationship.
Examples
- A node in a Physical Supply Chain
- An Electricity Supplier
Notes
- A supplier may be distinguished from a Contractor or Subcontractor, who commonly adds specialized input to deliverables.
- The suppliers of suppliers in a supply chain are denoted as second tier suppliers etc.
