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.