What is the difference between supplier and vendor oracle apps

What is the default Payment method Code for this supplier? This information can be setup at either the Supplier level or at Supplier Site level. Now we have a new tax rate table, i. Post a Comment. Newer Post Older Post Home. Query to find Application Short Name of a module. The following query lists all the applications related information. Query to find customer site level contact points R12 ,Customer phone number.

Profile Answers by peterson Questions by peterson When a company needs a product, it places an offer to vendor s. The vendor s on the other hand will place bits amounts based on quality , this is evaluated by the company and a final vendor selected. At this stage the vendor is considered a prospective supplier yet no contract exist acceptance is still pending A supplier is a vendor who's bit has been accepted hence an offer and an acceptance exist between the two parties as well as other components of a contract are established e.

Suppliers: who sells the goods to the vendor whereas vendor sells the material to the client or end customer. The same vendor sell to their client with OH's.

Please Turn OFF your ad blocker. Buyer needs to remit the payment to supplier. Generally we called vendor is the supplier those who is providing the material to us. This supplier will be common to company. So that company have some different organizations in different locations. In the business world, we often hear the terms like vendors and suppliers, as they are the important links of the supply chain process. While vendor is someone who offers a product to customers for sale, who is the last link of the process economic production chain.

On the other hand, a supplier is a person or entity who is engaged in the business of providing goods and services who want it. It accounts for the first and foremost link of the supply chain process. Take a read of this article to know what makes these two business terms different.

Basis for Comparison Vendor Supplier 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. To make the goods available to the people who need it. A Vendor is someone who purchases products from manufacturers or distributors and sells them to the customer. As the last person involved in the process of manufacturing and selling goods, they sell goods directly to the ultimate customer.