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definitions
| Term | Definition |
|---|---|
| Inventory/stock | Inventory or stock refers to the goods and materials that a business holds for the ultimate purpose of resale (or repair) |
| Demand | A claim for a sum of money as due, necessary, or required. |
| supplier | A party that supplies goods or services. A supplier may be distinguished from a contractor or subcontractor, who commonly adds specialized input to deliverables. Also called vendor. |
| Billing | Process of generating an invoice to recover sales price from the customer. Also called Invoicing. See also billings. |
| Distribution | The movement of goods and services from the source through a distribution channel, right up to the final customer, consumer, or user, and the movement of payment in the opposite direction, right up to the original producer or supplier. |
| Distribution channel | Marketing the network of organizations, including manufacturers, wholesalers, and retailers, that distributes goods or services to consumers |
| Manufacturer | a person, group, or company that owns or runs a manufacturing plant. |
| Logistics | the branch of military science and operations dealing with the procurement, supply, and maintenance of equipment, with the movement, evacuation, and hospitalization of personnel, with the provision of facilities and services. |
| Sourcing | the process of finding suppliers of goods or services See also outsourcing. |
| Transportation | Any device used to move an item from one location to another. Common forms of transportation include planes, trains, automobiles, and other two-wheel devices such as bikes or motorcycles. |
| Warehousing | General: Performance of administrative and physical functions associated with storage of goods and materials. These functions include receipt, identification, inspection, verification, putting away, retrieval for issue, etc. 2. Securities trading: Illega |
| Negotiation | |
| Break-bulk | Consisting of several individual small and different sized items, loads, or units. |
| Costing | |
| Vendor | a company selling its shares on a stock market for the first time. |
| Barriers to entry | |
| raw materials | |
| freight |
Created by:
easther.li
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