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.
This is similar to the vendor-managed inventory (VMI) programs that companies use but has several differences. VMR versus VMI In the vendor managed inventory model the vendor will own the inventory and will replenish inventory based on pre-agreed min-max quantities. The customer owns the inventory once it is removed from the warehouse and can sometimes have liability for inventory that has not be removed.