Definitions
- Referring to a company or individual who provides goods or services to another company or individual. - Talking about the source of materials, products, or services for a business. - Describing a person or organization that provides necessary resources or support to another entity.
- Referring to a person or company that sells goods or services to customers. - Talking about a seller or merchant who offers products or services in a marketplace. - Describing a supplier who provides goods or services to another business.
List of Similarities
- 1Both words refer to individuals or companies that provide goods or services.
- 2Both are used in business contexts.
- 3Both can be sources of materials or products for a company.
- 4Both can be responsible for delivering goods or services.
What is the difference?
- 1Usage: Supplier is more commonly used in formal business contexts, while vendor is more commonly used in informal contexts.
- 2Focus: Supplier emphasizes the provision of goods or services, while vendor emphasizes the selling of goods or services.
- 3Relationship: Supplier implies a long-term relationship between two businesses, while vendor implies a short-term transactional relationship.
- 4Responsibility: Supplier is responsible for providing necessary resources or support to another entity, while vendor is responsible for selling products or services to customers.
- 5Connotation: Supplier has a neutral connotation, while vendor can have a positive or negative connotation depending on the quality of their products or services.
Remember this!
Supplier and vendor are both words used in business contexts to describe individuals or companies that provide goods or services. However, supplier is more formal and emphasizes the provision of necessary resources or support to another entity, while vendor is more informal and emphasizes the selling of products or services to customers.
