Couldn't find the full form or full meaning of BX? Maybe you were looking for one of these abbreviations: BWWM - BWX - BWY - BWYD - BWYH - BX/PX - BX/XIK - BXA - BXB - BXBKMA
â¢ A vendor is more close to the end consumer than a supplier who appears to be earlier in the supply chain. â¢ Vendor is a more generic term and applies to anybody supplying goods and services. â¢ A vendor is rarely a manufacturer and gets products on consignment basis from the manufacturers.
Vendor lock-in. In economics, vendor lock-in, also known as proprietary lock-in or customer lock-in, makes a customer dependent on a vendor for products and services, unable to use another vendor without substantial switching costs. Lock-in costs which create barriers to market entry may result in antitrust action against a monopoly.