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Supply Clain
| Term | Definition |
|---|---|
| Inventory/Stock | a complete list of items such as property good in stock or the contents in the building. |
| Supplier | a person that provides good or services in the company or individuals. |
| Billing | Process of generating an invoice to recover sale price from customers. |
| Logistics | The commercial activity of transport good to customers. |
| Distribution | To spread the product thought out the market place so people can buy it. |
| Distribution Channel | A path of good and service from vendor to customer and the payment from customer to vendor. |
| Manufactor | A person or company the make good for sell. |
| Sourcing | The process of finding suppliers of goods or services. |
| Demand | The product that customer willing and able to pay for a good or services. |
| Transportation | |
| Distributors/Wholesalers | A agency that supplies goods to retailers. |
| Warehousing | The action or process of storing goods in a warehouse. |
| Negotation | is to transferred from one transferor to transferee by delivered or endosement. |
| Break-Bulk | Consisting of several indivdual small and different sized item load or unit. |
| Raw Materials | good or product which are used in manufacturing or unprocessed product. |
| Costing | a calculating of selling price base on costs of the markets. |
| Barriers to entry | obstacles that make it difficult to enter a given market. |
| Retailer | sale of goods and services from individuals or businesses to the end-user. |
| Vendor | an enterprise that contributes goods or services |