Ser No | BASIS FOR COMPARISON | VENDOR | SUPPLIER |
---|---|---|---|
1 | Meaning | Vendor is an individual or entity, who sells goods and services for a price to the customers. | Supplier is the one whose work is to provide the good or service required by the business. |
2 | Business Relationship | B2C | B2B |
3 | Supply chain link | Last | First |
4 | Objective | To sell the goods to the final consumer. | To make the goods available to the people who need it. |
5 | Purpose of sale | Use | Resale |