Vendors

A vendor, also known as a supplier or seller, is an entity or business that provides goods or services to another company or organization.
Vendors can range from manufacturers and wholesalers to distributors and service providers.

Standard vendor information associated with an item includes:
Vendor name, contact details (address, phone number, email), part number (if applicable), pricing information, and purchase terms.

Inventory Replenishment

Vendor information helps manage inventory replenishment processes by providing visibility into lead times and order quantities required to maintain optimal inventory levels.

Purchase Order Management

Vendor information is used to create and manage purchase orders. It ensures that orders are sent to the correct vendor, with accurate pricing and terms specified.