What Does Vendors Mean?
In a Supply Chain, a Vendor, or a Seller, Is an Enterprise That Contributes Goods or Services. Generally, a Supply Chain Vendor Manufactures Inventory/Stock...
In a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock items and sells them to the next link in the chain. Today, these terms refer to a supplier of any goods or service.
What is an example of a vendor?
A person or company that supplies goods or services to a business. One that sells or vends something. A street vendor; a vendor of software products on the Web. ... An example of a vendor is a man with a stall at a farmer's market who is selling tomatoes.
What does this word mean vendor?
The word vendor comes from the Latin word vendere, meaning “to sell.” Vendor is a name for people who sell things on the street, such as a hot dog vendor, but it can describe those who sell any kind of goods or services, especially a specialized product.