Difference Between Vendor And Supplier

Difference Between Vendor And Supplier

The main dissimilarities or difference between vendor and supplier can be pointed out as follows:

1. Introduction

Vendor: A person or trader who purchases goods from supplier or wholesaler and sells to the final customers

Supplier: A trader who purchases products in bulk quantity from producers and sells to vendors and retailers (sometimes to final customers also)

2. Derived From

Vendor: From Latin word 'vendere'

Supplier: It is an English word 'supplier'

3. Purpose

Vendor: To fulfill the demand of final consumers

Supplier: To fulfill the demand of vendors and retailers

4. Sort Of Business

Vendor: It uses business to customer (B2C) strategy

Supplier: It uses business to business (B2B) strategy

5. Link Between

Vendor: It is a link between supplier and customers

Supplier: It is a link between producers and vendors (rarely with final customers also)

6. Quantity Of Products

Vendor: They deal in small quantity of products

Supplier: Deal in large quantity of products

7. Risk Involved

Vendor: Less risk is involved

Supplier: High level of risk is involved

8. Relation With Producer

Vendor: Indirect relation

Supplier: Direct relation

Vendor Vs Supplier (Comparison Chart)

Basis For Difference	Vendor	Supplier
Introduction	Trader who purchase goods from wholesalers or suppliers and sell to final consumers	Trader who purchase goods from producers and sells to vendors and retailers
Word Derived From	Latin word 'Vendere'	English word 'Supplier'
Purpose/Objective	To satisfy customers	To fulfill the demand of vendors/retailers
Sort Of Business	B2C	B2B
Link Between	Suppliers and customers	Producers and vendors
Quantity Of Products	Small	Large
Risk Involved	Less	High
Relation With Producers	Indirect	Direct

I hope this post is helpful to understand the difference between vendor and supplier and to make comparison between them.