What does Core Trade mean?

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A neat, all encompassing term to describe a sub-set of your organisation’s supply base and translates as “Above Diminimus Trade suppliers and Social Care providers”.

Above Diminimus: A supplier with whom your organisation spend over £1,000/$1,000 in aggregate in the year of analysis. A Below Diminimus supplier is one where less than £1,000/$1,000 was spent in the year of analysis.

Trade: A commercial supplier.

The highest proportion of your organisation’s spend which can be influenced will be with Core Trade suppliers.

N.B. Social Care providers are classified as Non-Trade suppliers which means that they are not considered to be commercial suppliers. They are included in the Core Trade definition because the spend with them can be influenced.


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