What Does Tier 2 Mean in Business? Understanding Supplier Tiers
Tier 2 Supplier Overview Tier 2 suppliers are your suppliers’ suppliers, or companies that subcontract to your direct suppliers. Organizing suppliers into tiers based on their importance and relation to your supply chain is called supplier tiering. Most buying companies don’t know who their suppliers’ suppliers are. Visibility into tiers 2 and 3 is challenging. … Read more