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definitions

TermDefinition
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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