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A seller (or provider) of goods or services to a business organization is known as a :Vendor
An organization that sells things is a vendor. It can market to both businesses and people, offering services, products, or a combination of the two.
What Is a Vendor?
- A vendor is a participant in the supply chain who provides products and services to businesses or customers. The word "vendor" is often used to refer to the organization that receives payment for items given, not the company that made the goods itself. However, a vendor can act as both a maker and a supplier (or seller) of goods.
- Large retail chains like Target and Walmart typically have a list of suppliers from whom they can buy goods at discounted costs. They then provide the products to their clients at retail costs. To prepare for, acquire, and deliver the items and services they are contracted for, a vendor that serves one of these major businesses would require a significantly larger operation.
- A vendor, usually referred to as a supplier, is a person or a company who sells goods. A vendor often finds a place to sell their products and services. The seller markets and sells their goods using whichever strategy suits them best after procuring the appropriate items. If it is a food truck, for instance, the vendor makes sure there are adequate ingredients to prepare the menu items and serve an anticipated number of people before driving to a target area and starting to sell meals.
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