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Supply Chain
| Term | Definition |
|---|---|
| Stock/Inventory | the goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution. |
| Supplier | A vendor, or a supplier, is a supply chain management term that means anyone who provides goods or services to a company or individuals. A vendor often manufactures inventoriable items, and sells those items to a customer. |
| Billing | the fact of being advertised or described in a particular way. |
| Distribution | the action of sharing something out among a number of recipients. |
| Distribution Channel | The chain of businesses or intermediaries through which a good or service passes until it reaches the end consumer. A distribution channel can include wholesalers, retailers, distributors and even the internet. |
| Sourcing | obtain from a particular source. |
| Logistics | the detailed organization and implementation of a complex operation. |
| Manufacturer | a person or company that makes goods for sale. |
| Demand | an insistent and peremptory request, made as of right. |
| Transportation | the action of transporting someone or something or the process of being transported. |
| Distributors/Wholesalers | The sale and distribution of goods to users other than end consumers. Wholesaling involves selling merchandise to retailers, wholesalers and merchants, or to industrial, commercial and institutional users. A wholesaler can act as a middleman, brokering de |
| Warehousing | the action or process of storing goods in a warehouse. |
| Negotiation | discussion aimed at reaching an agreement. |
| Break-bulk | denoting a system of transporting cargo as separate pieces rather than in containers. |
| Raw Materials | the basic material from which a product is made. |
| Costing | the proposed or estimated cost of producing or undertaking something. |
| Barriers to entry | In theories of competition in economics, barriers to entry, also known as barrier to entry, are obstacles that make it difficult to enter a given market. |
| Retailer | Retailers are part of an integrated system called the supply chain. A retailer purchases goods or products in large quantities from manufacturers directly or through a wholesale, and then sells smaller quantities to the consumer for a profit. |
| Vendor | a person or company offering something for sale, especially a trader in the street. |
| Freight | goods transported in bulk by truck, train, ship, or aircraft. |