write paragraph on vendor
Answers
A vendor, or a supplier, is a supply chain management term that means anyone who provides goods or services to a company or individuals. A vendor often manufactures inventoriable items, and sells those items to a customer.
Typically vendors are tracked in either a finance system or a warehouse management system.
Vendors are often managed with a vendor compliance checklist or vendor quality audits and these activities can be effectively managed by software tools
Purchase orders are usually used as a contractual agreement with vendors to buy goods or services.
Vendors may or may not function as distributors of goods. They may or may not function as manufacturers of goods. If vendors are also manufacturers, they may either build to stockor build to order.
'Vendor' is often a generic term, used for suppliers of industries from retail sales to manufacturers to city organizations. 'Vendor' generally applies only to the immediate vendor, or the organization that is paid for the goods, rather than to the original manufacturer or the organization performing the service if it is different from the immediate supplier.
Answer:
A seller is a party in the force chain that makes goods and services available to companies or consumers. The term" seller" is generally used to describe the reality that's paid for goods that are handed, rather than the manufacturer of the goods itself. still, it's possible for a seller to operate as both a supplier( or dealer) of goods and a manufacturer. Some merchandisers also can vend directly to the client, as seen with road merchandisers and food exchanges. In addition, a seller can act as a business-to-business ( B2B) deals association that provides a corridor of a product to another business to make an end product.
Explanation:
How Vendors Work
A seller, also known as a supplier, is a person or a business reality that sells commodities. Large retail store chains similar to Target, for illustration, generally have a list of merchandisers from which they buy goods at noncommercial prices that they also vend at retail prices to their guests.
KEY TAKEAWAYS
A seller is a general term used to describe any supplier of goods or services.
A seller sells products or services to another company or existent.
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