What are Tier 1, Tier 2, and Tier 3 Suppliers?

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Join us as we explore the intricate world of supply chain management with a focus on the different tiers of suppliers: Tier 1, Tier 2, and Tier 3. This video offers a clear explanation of each supplier tier and their critical roles in bringing products to market.

What you will learn:

Tier 1 Suppliers: The role of Tier 1 suppliers who provide finished products directly to the original equipment manufacturers (OEMs).

Tier 2 Suppliers: The importance of Tier 2 suppliers who produce parts or materials for Tier 1 suppliers.

Tier 3 Suppliers: How Tier 3 suppliers supply raw materials to Tier 2 suppliers.

We break down the complexities of supplier interactions and their impact on the final product in an easily understandable way.

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