Definition of Vendor A Vendor is someone who purchases products from manufacturers or distributors and sells them to the customer. As the last person involved in the process of manufacturing and selling goods, they sell goods directly to the ultimate customer. So, they have frequent interaction with their clients and can maintain a good relationship with them. Definition of Supplier The supplier is defined as a business person or entity, who makes goods and services available to another entity. He provides goods and services, needed by the entities in carrying on business. As the supplier is the major source of inputs such as materials, tools, etc. in the business, he is an important link in the supply chain. He or she provides goods to manufacturers, in large quantities. Key Differences Between Vendor and Supplier The following points should be referred to know the difference between vendor and supplier : The person or entity, who sells goods or services in exchange for money ...
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