AskDefine | Define vendor

Dictionary Definition

vendor n : someone who promotes or exchanges goods or services for money [syn: seller, marketer, vender, trafficker]

User Contributed Dictionary

English

Etymology

From Anglo-Norman vendor, from vendre

Pronunciation

Alternative spellings

Noun

  1. One who vends or sells.

Translations

Synonyms

See also

Extensive Definition

A vendor, or a supplier, is a supply chain management term meaning anyone who provides goods or services to a company. 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.
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. Vendors may or may not function as manufacturers of goods. If vendors are also manufacturers, they will make to stock rather than make 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 than the immediate vendor.

History

The term vendor originally represented property vendors. However, today it means a supplier of any good or service. A vendor, or a supplier, is a supply chain management term that means anyone who provides goods or services to a company. 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.
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. Vendors may or may not function as manufacturers of goods. If vendors are also manufacturers, they will make to stock rather than make 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 than the immediate vendor.

References

References

Synonyms, Antonyms and Related Words

arab, automat, cadger, chapman, cheap-jack, cheap-john, cheapjack, coin machine, coin-operated machine, colporteur, coster, costermonger, duffer, hawker, higgler, huckster, peddler, roadman, sidewalk salesman, slot machine, vending machine
Privacy Policy, About Us, Terms and Conditions, Contact Us
Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2
Material from Wikipedia, Wiktionary, Dict
Valid HTML 4.01 Strict, Valid CSS Level 2.1