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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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Learn about premiums in finance, including definitions, types like options and insurance, and examples that help you understand their implications in various contexts.| Investopedia
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Insurance is a legal contract in which an insurer (insurance company) indemnifies another against covered losses from specific contingencies and/or perils.| Investopedia
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Discover how supply chain management optimizes production and distribution, reduces costs, and enhances efficiency from raw materials to customer delivery.| Investopedia
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Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or compare the efficiency of several investments.| 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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A just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules.| Investopedia
