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What Is a Vendor? Definition, Types, and Example
A vendor is a party in the supply chain that makes goods and services available to companies or consumers.| Investopedia
A vendor is a party in the supply chain that makes goods and services available to companies or consumers.| Investopedia
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Discover how raw materials drive manufacturing, their role in accounting, and the differences between direct and indirect use in production.| Investopedia
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A product recall involves removing harmful, defective, or poor quality consumer products from the market.| Investopedia
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Logistics is the overall process of managing the way resources are obtained, stored, and moved to the locations where they are required. Learn more about how it works.| Investopedia
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Discover how reducing lead time boosts productivity and revenue. Learn its types, calculations, and effects on manufacturing and supply chain efficiency.| Investopedia
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Inventory is the term for merchandise or raw materials that a company has on hand.| Investopedia
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Distributions are payments that derive from a designated account, such as income generated from a pension, retirement account, or trust fund.| Investopedia
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Distribution management oversees the supply chain and movement of goods from suppliers to end customer.| Investopedia
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Big data refers to large, diverse sets of information from multiple sources that can provide strategic information for companies.| Investopedia
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Enterprise resource planning (ERP) is software used by a company to manage key parts of operations, including accounting and resource management.| Investopedia
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A supply chain is a network of entities who create a product and deliver it to its consumer. An effective supply chain results in lower costs and faster production.| Investopedia
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Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year.| Investopedia
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Environmental, social, and governance (ESG) investing refers to a set of standards that socially conscious investors use to screen investments.| Investopedia
