Supplier Relationships

Definition

The value embedded in established, contractual, or preferred relationships with key suppliers, vendors, or service providers. Supplier relationships are recognised as identifiable intangible assets in purchase price allocation where they are contractual or where the track record of renewal, preferential pricing, or supply exclusivity creates measurable value above what is available to market entrants. They are particularly material in businesses where supply access, cost, or quality is a competitive differentiator.