Suppliers are businesses or individuals that provide goods or services to other companies. They play a crucial role in the supply chain, ensuring that products are available for manufacturers, retailers, and consumers. For example, a furniture supplier might provide raw materials like wood and fabric to a furniture manufacturer, enabling them to create finished products. In addition to physical goods, suppliers can also offer services, such as logistics or consulting. By maintaining strong relationships with their suppliers, companies can improve efficiency, reduce costs, and enhance the quality of their offerings. This collaboration is essential for meeting customer demands and staying competitive in the market.