Tag: Operations
-
Tier 1 Suppliers
Tier 1 Suppliers Tier 1 suppliers are key business partners that directly provide critical inputs, materials, or services to a company. They are the closest link in the supply chain to production and operations, playing an essential role in ensuring product quality and operational continuity. These suppliers often represent a significant portion of procurement expenditure…
-
Single-source suppliers
Single-source suppliers Suppliers that provide key materials or services for your production, for which your company does not contract with other suppliers. These suppliers represent a higher risk due to dependency, but they often ensure specialized or proprietary supply critical to business operations.
-
Important suppliers
Important suppliers Important suppliers are operational or core suppliers, but supply alternatives exist. While these suppliers contribute meaningfully to business operations, their role is less critical compared to strategic suppliers. The availability of alternatives provides flexibility, but maintaining a stable relationship is still beneficial.
-
Strategic supplier
Strategic supplier Strategic suppliers are core suppliers with limited supply alternatives. These suppliers are critical to the business’s operations and competitiveness, often providing unique or highly specialized products or services. A strong, long-term partnership with these suppliers is essential due to their significant impact on the company’s success.
-
Thermal coal exposure
Thermal coal exposure Thermal coal exposure measures the extent to which a company’s operations are connected to the mining, processing, or sale of thermal coal, a fossil fuel that is increasingly criticized for its environmental impact. This metric reflects the proportion of a company’s activities dependent on thermal coal, highlighting potential risks related to environmental…