Meaning & Definition of word "Supplier"
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Supplier
/səˈplaɪər/
noun:
- 1. A person or company that provides goods or services to another entity.
- Example: The supplier delivered the new inventory to the store on time.
- 2. A party involved in the provision of materials or products necessary for the production of goods or services.
- Example: Our company is looking for a reliable supplier of raw materials.
- 3. An entity that supplies a particular service, such as a utility service.
- Example: The electricity supplier notified us of a planned outage.
- 4. Someone who provides or supplies something needed; a provider.
- Example: He acts as a supplier for various local businesses, offering them essential supplies and equipment.
Etymology
From Middle French 'supplier', from Latin 'supplere', meaning to supply or furnish.
Common Phrases and Expressions
approved supplier:
A supplier that has been evaluated and authorized for business.
key supplier:
A supplier that is critical to the operation of a business.
single source supplier:
A supplier that is the only source for a particular good or service.
Related Words
procurement:
The process of obtaining goods and services.
supply chain:
The entire system of production and delivery to the final consumer.
retailer:
A person or business that sells goods to consumers.
Slang Meanings of supplier
Meaning: Plug
Example Sentence: He's the plug for all the latest gadgets.
Meaning: Source
Example Sentence: I got my new headphones from my source.