// ROBOTICS AND SMART FACTORIES TERM
Supplier
A supplier is a person or organization that provides goods or services to another entity. They are a critical part of any supply chain, providing the necessary inputs for production or resale.
TECHNICAL DEFINITION
A supplier, or vendor, is an entity that furnishes raw materials, components, finished goods, or services to a buyer, forming a key node in the supply chain network and impacting product quality and delivery timelines.
BACKGROUND
The Fourth Industrial Revolution, also known as 4IR, Industry 4.0 or the Intelligence Age, is a neologism describing rapid technological advancement in the 21st century. It follows the Third Industrial Revolution. The term was popularized in 2016 by Klaus Schwab, the World Economic Forum founder and former executive chairman, who asserts that these developments represent a significant shift in industrial capitalism.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Vendor
- provider
- purveyor
- contractor
- vendor partner
USAGE NOTE
Building strong relationships with reliable suppliers is essential for consistent production.
DEVELOPERS
Organizations developing technology related to Supplier.
Develops the SAP Ariba Network, a cloud-based B2B platform that connects companies with millions of suppliers for sourcing, procurement, contract management, and supply chain collaboration.
Provides a cloud-native Business Spend Management (BSM) platform that unifies procurement, invoicing, and supplier management to give organizations visibility and control over their entire supply chain spend.
Offers a suite of cloud applications for supply chain management, including modules for procurement, supplier qualification management, and collaborative supply chain planning to build resilient supply networks.
Delivers a unified source-to-pay platform that empowers businesses to manage all their suppliers and spending in a single place, improving collaboration, reducing risk, and increasing profitability.
A Rockwell Automation company that offers a cloud-based Smart Manufacturing Platform connecting ERP, MES, and supply chain management, providing real-time visibility and EDI capabilities for seamless collaboration with suppliers.
Provides GEP SMART, a unified source-to-pay procurement software platform that helps enterprises manage supplier information, performance, risk, and relationships across the entire supply chain.
Operates a connected supply chain SaaS platform that uses a large network of trading partners to enable real-time data sharing, visibility, and collaboration between manufacturers, suppliers, and logistics providers.
Develops the Luminate Platform, an AI-driven supply chain management solution that provides end-to-end visibility and orchestration, enabling companies to better plan and collaborate with their network of suppliers.