Which relationship types are available and how are they defined?
Relationship Type | Retraced Definition |
Agency | A company that either intervenes directly in the buying and selling process, or that just functions as an intermediary between brands and manufacturers, while charging a commission for it. |
Branch | A company can consist of multiple branches, each a fully or partially functioning operational unit. Branches are not necessarily involved in production or manufacturing; they can also handle marketing or other non-production business activities. |
Direct Supplier | A partner your company does business with directly. This includes contracted manufacturing and production partners. |
Facility | Facilities are buildings, pieces of equipment, or services that are provided for a particular purpose. Sometimes, manufacturing processes are done in the production facilities owned by the company, but they can be outsourced to separately owned firms. |
Indirect Supplier | An indirect supplier can be identified as the source where the direct supplier gets its materials/components from. |
Licensee | A licensee is an entity that has been granted legal permission by your/another company (who owns certain assets) to engage in activities related to these assets. For example, using your brand on their products. |
Licensee - Manufacturer | A licensee manufacturer is an entity that has been granted legal permission to manufacture products using assets owned by another company, for example its brand. |
Licensee - Vendor | A licensee vendor is an entity that has been granted legal permission to resell purchased goods/services that another party owns or controls. |
Parent Company | A company that owns a controlling interest in one or more smaller companies, called subsidiaries. |
Subcontractor | A subcontractor is doing partial work of a contract that is originally received by another company. Here, subcontracting work can range from cutting to packing. |
Subsidiary | A subsidiary company is a separate and distinct legal entity from its parent/holding company. |
Vendor | A vendor purchases goods/services and resells them to consumers/other businesses. |
How to set the relationship type in your network?
Go to Network.
In the Relationship Type column, click + Assign for the company. To change an existing value, click it.
Select one or more types and click Save.
