vendor-managed
|ven/dor-man/aged|
🇺🇸
/ˈvɛndər ˈmænɪdʒd/
🇬🇧
/ˈvɛndə ˈmænɪdʒd/
vendor oversight
Etymology
'vendor-managed' originates from the combination of 'vendor' and 'managed', where 'vendor' refers to a seller or supplier and 'managed' refers to the act of overseeing or controlling.
The term 'vendor-managed' evolved from the business practice of allowing suppliers to take responsibility for certain operational tasks.
Initially, it meant 'managed by a vendor', and this meaning has largely remained the same in modern usage.
Meanings by Part of Speech
Adjective 1
refers to a system or process where a vendor is responsible for managing certain aspects of a business, such as inventory or supply chain.
The company uses a vendor-managed inventory system to streamline operations.
Synonyms
Antonyms
Last updated: 2025/01/20 02:31