Second-tier sourcing is a procurement policy used by many Fortune 500 corporations. Second-tier sourcing is a practice of rewarding those suppliers that achieve or attempt to achieve the minority-owned business (MBE) spending goals of their customer.
The program was started by Chrysler Corporation in 1993 and now extends throughout the Fortune 500. In 2005, Toyota set a goal of 10% for their suppliers and holds an annual matchmaking event to help their suppliers achieve those goals.
Autoliv, Inc. is a US-domiciled, Swedish-headquartered automotive safety supplier with sales to all leading car manufacturers worldwide. Together with its joint ventures, Autoliv has over 68,000 employees in 27 countries, of whom 5700 are involved in research, development and engineering. In addition, the company has 14 technical centers around the world, including 20 test tracks, more than any other automotive safety supplier.
Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Enterprise to create DXC Technology.
The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, is an American financial services organization that is a private provider of financial retirement services in the academic, research, medical, cultural and governmental fields. TIAA is listed on the Fortune 100 and serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets under management with holdings in more than 50 countries.
The 1972 Spanish Grand Prix was a Formula One motor race held at Jarama on May 1, 1972. It was race 3 of 12 in both the 1972 World Championship of Drivers and the 1972 International Cup for Formula One Manufacturers. The race marked the first time two brothers raced together in F1 simultaneously, Emerson and Wilson Fittipaldi. The elder Fittipaldi was a last-minute substitute for Brabham's Carlos Reutemann, who had injured his ankle in a Formula 2 race the previous weekend at Thruxton, England. The 90-lap race was won by Lotus driver Emerson Fittipaldi after he started from third position. Jacky Ickx finished second for the Ferrari team and his teammate Clay Regazzoni came in third. After the race the World Drivers' Championship was tied at 15 points between Emerson Fittipaldi and Denny Hulme.
Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when:
Strategic sourcing is the process of developing channels of supply at the lowest total cost, not just the lowest purchase price. It expands upon traditional organisational purchasing activities to embrace all activities within the procurement cycle, from specification to receipt, payment for goods and services to sourcing production lines where the labor market would increase firms' ROI. Strategic sourcing processes aim for continuous improvement and re-evaluation of the purchasing activities of an organisation.
Lear Corporation is an American company that manufactures automotive seating and automotive electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.
Star Hub TV is a pay television service provided by StarHub in Singapore. It has been a subsidiary of StarHub Limited since StarHub acquired Singapore Cable Vision (SCV) in 2001, and was the sole pay-TV operator in the country until 2007 when mio TV, an IPTV service from its competitor, Singtel, was launched.
Lockheed Martin Missiles and Fire Control (MFC) is one of the four core business areas for American company Lockheed Martin.
During the 2006–07 season Peterborough United played in Football League Two, the fourth tier of the English football pyramid. They had finished the previous season of Football League Two in 9th position.
A supplier association is a business term used when a customer company brings a group of its major suppliers together on a formal and regular basis in order to achieve strategic and operational alignment.
The 1996–97 Football League was the 98th completed season of The Football League.
The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council. It is ranked 140th in the Fortune Global 500 list as of 2021, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe. AVIC is also the sixth largest defense contractor globally as of 2022 and second largest Chinese defense contractor with total revenue of $79 billion
Supply-chain sustainability is the impact a company’s supply chain can make in promoting human rights, fair labor practices, environmental progress and anti-corruption policies. There is a growing need for integrating sustainable choices into supply-chain management. An increasing concern for sustainability is transforming how companies approach business. Whether motivated by their customers, corporate values or business opportunity, traditional priorities such as quality, efficiency and cost regularly compete for attention with concerns such as working conditions and environmental impact. A sustainable supply chain seizes value chain opportunities and offers significant competitive advantages for early adopters and process innovators.
Bunker Ramo Corporation, often shortened to Bunker Ramo, was an American electronics company based in Trumbull, Connecticut. It was founded by George M. Bunker and Simon Ramo in 1964, jointly owned by Martin-Marietta and Thompson Ramo Wooldridge (TRW). The holdings of Teleregister Corporation became part of the new company.
The 2001–02 season was Stoke City's 95th season in the Football League and the eighth in the third tier.
The 1926–27 season was Stoke City's 27th season in the Football League and the first in the Third Division North.
The 1957–58 season was Port Vale's 46th season of football in the English Football League, and their first full season back in the Third Division South following their relegation from the Second Division. An unusual season, the regional split was to be abolished at the season's end, meaning the bottom two clubs of the Second Division and the clubs placed 2nd to 12th in the Third Division North and the Third Division South would be the founder members of the Third Division. It also meant that the bottom twelve clubs of the Third Division North and the Third Division South would be the founder members of the Fourth Division. In effect, the team's performance in this season could see them placed in either the second, third or fourth tier the following season. Finishing in fifteenth, what would have otherwise been a mid-table finish of little consequence saw them relegated to the Fourth Division.