Vendor rating is relative to the industry/other peer companies in the respective sector. Supplier appraisal is specific to one company in relation with its earlier performance.
A dealer is often a supplier of narcotics. A stockist is a person prejudiced against stock...... Like racist, but towards stock.
Between $10 and $100 dollars depending on your buyer/bidder.
Tender is the enquiry floated by the purchaser for the purchase of any material, completion of work etc. Quotation is the answer given by the supplier to tender enquiry in terms of rate quoted for each item etc.
Name your own price is an auction, a "sealed bid" auction. The highest bidder gets the good or service and you don't get to hear other participants' bids. A reverse auction is where the prices start high and go lower, a setup used in supplier sourcing and procurement.
A supplier makes the goods available that the customer then buys.
Supplier supplies product to the customer and the customer buys the product
Sole supplier is the only one supplier can be sourced in market. Single supplier is the one can be substituted by alternative supplier but buyer sources from single supplier for strategic reason. (PVO consolidation, etc)
Vendor -Supplier of the product Manufacturer- developer of the product
Vendor rating is relative to the industry/other peer companies in the respective sector. Supplier appraisal is specific to one company in relation with its earlier performance.
Direct customer is someone dealing directly with the supplier, indirect customer is someone who deals with the supplier through an intermediary (agent, etc.)
The primary difference between credit and debit memo is where it originates. Credit memo is raised by a supplier to a consumer when goods are returned, while debit memo is raised by a consumer towards the supplier.
Vendor rating is relative to the industry/other peer companies in the respective sector. Supplier appraisal is specific to one company in relation with its earlier performance.
stake owner is a person who have any stake in a company .he may be a supplier ,distributer
Supplier - someone whose business is to supply a particular service or commodity. Contractor - A person or company that undertakes a contract to perform a service or do a job. Similar, yet different
supplier means who is provided for the material and other goods,human related services to the organization he is a supplier. creditor means who is money related services provided to the organization. he is a creditors
It refers to the connection between the supplier and the buyer.