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What Is a Supplier and What Is Their Role in a Business? Read More - Oberlo
A supplier is a person or business that provides a product or service to another entity. Acting as intermediaries, suppliers bridge the gap between manufacturers and retailers by offering the raw materials, products, or services that businesses require for their operations. The relationship between a business and its suppliers is symbiotic.
What Is Supplier Management? | IBM
Supplier management is the collection of processes that enables a company to identify, qualify, onboard, transact and collaborate with the right suppliers for their business. Today’s supply chains constitute a large, complex ecosystem of suppliers and trading partners, each of them adding value as they deliver goods and services to the ...
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