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Operating costs

Stock

Stock control

Carrier

Purchase order

Supplier

Delivery terms

Lead time

Sourcing

Contract

A person or company that sells goods or services to customers.

A person or company responsible for transporting goods from one place to another.

The process of managing and tracking the quantity, location, and condition of stock in a company.

A time frame in which the delivery of goods or services must be completed.

A formal document that a buyer issues to a supplier to request products or services.

The terms and requirements under which goods or services must be delivered, including time, location, and method of delivery.

The quantity of goods or materials that a company has available for sale or use.

A formal agreement between two or more parties outlining their obligations and rights.

The process of obtaining goods or materials from suppliers to ensure the company's operations.

The expenses incurred in the day-to-day running of a business, such as rent, utilities, and salaries.