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In running a business, we often encounter the terms vendor and supplier. These two terms are often confusing to many people, often assuming they mean the same thing.
Both play a crucial role in the supply chain, ensuring business continuity. Furthermore, vendors and suppliers also serve as providers of goods and services.
So, in your opinion, what's the difference between a supplier and a vendor?
Both play a crucial role in the supply chain, ensuring business continuity. Furthermore, vendors and suppliers also serve as providers of goods and services.
So, in your opinion, what's the difference between a supplier and a vendor?