Pigeonholing suppliers

The SM team stumbled across a press release today in which a firm graded its suppliers in elaborately named categories.

They were as follows…

Golden suppliers - vendors who don’t bargain over prices and only produce goods with their own branding.

Royal suppliers - will produce goods to any quality, labelled with the customer’s brand.

Black horse suppliers - quote the lowest price possible, label to a customer’s requirements, but provide lower quality products unless tested.

What can be gained from pigeonholing suppliers?

Have you ever attributed a quirky name to a group of similar suppliers?