A specific process or group of processes which have been recognized as the best method for conducting an action. Best practices may vary by industry or geography depending on the environment being used. Best-practices methodology may be applied with respect to resources, activities, cost object, or processes.

Retailer vs Wholesaler vs Distributor vs Reseller – What’s the Difference?
Starting a new eCommerce business can feel like learning a new language. You’ll quickly encounter terms like retailer, wholesaler, distributor, and reseller. What do they all mean, and how do they differ? In simple terms, these labels describe different roles in the supply chain that gets products from the maker