Captive supplier Captive supplier is a vendor firm in which the customer firm owns controlling interest or from which it obtains an exclusive
Supplier credit Supplier credit refers to the credit that is provided by the supplier to itself to fund its operations.
Supplier selection Supplier selection is a stage of the business buying process in which the buyer reviews proposals and selects a supplier or suppliers.
Supplier search Supplier search is a stage of the business buying process in which the buyer tries to find the best vendors.
Supplier development Supplier development defines systematic development of networks of supplier-partners to ensure an appropriate and dependable supply of products...
Supplier & Supply chain A supplier is a company that provides parts or services to another company. For example, Intel is Dell’s primary supplier for computer chips. A supply chain is...
Powerful Suppliers Suppliers can exert bargaining power on participants in an industry by raising prices or reducing the quality of purchased goods and services. Powerful suppliers, thereby, can squeeze profitability out of an industry unable to recover cost increase in its own prices.
Definition
[ n.]