Supply: This refers to the act of providing or making goods, products, or services available to a customer, client, or another business entity. In a supply chain, it encompasses various activities such as manufacturing, sourcing, inventory management, and distribution. A company that supplies goods or services is responsible for ensuring they are of the desired quality, and quantity, and delivered on time.
Delivery: This involves the physical or digital transfer of goods, products, or services from the supplier or seller to the customer or buyer. The delivery process can encompass various logistics and transportation methods, such as shipping, courier services, electronic downloads, or even in-person handovers.
In many business transactions, supply and delivery are interlinked. A supplier not only needs to provide the products or services but also ensure their safe and timely delivery to the customer. The terms and conditions related to supply and delivery are often defined in contracts or agreements to establish responsibilities, costs, timelines, and terms of the transaction.