Definitions for purchasing agent
pur·chas·ing agent

Princeton's WordNetRate this definition:0.0 / 0 votes

1. purchasing agentnoun

   an agent who purchases goods or services for another

WiktionaryRate this definition:0.0 / 0 votes

1. purchasing agentnoun

   A person or group whose job is to buy equipment, supplies, inventory, or other assets for a business or other organization.

WikipediaRate this definition:0.0 / 0 votes

1. purchasing agent

   Procurement is the method of discovering and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as public procurement.Procurement as an organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also likely to require their purchasing activity to take wider societal and ethical considerations into account. On the other hand, the introduction of external regulations concerning accounting practices can affect ongoing buyer-supplier relations in unforeseen manners.

ChatGPTRate this definition:0.0 / 0 votes

1. purchasing agent

   A purchasing agent refers to an individual or a professional who is responsible for acquiring products, services, or raw materials on behalf of an organization or a company. Their duties typically involve identifying potential suppliers, negotiating prices and contracts, assessing product quality, managing delivery schedules, and maintaining good supplier relationships to ensure timely and cost-effective purchasing. They can work in various industries, adopting strategies that best fit their company's needs and budget constraints.

Matched Categories

1. • Agent

How to pronounce purchasing agent?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say purchasing agent in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of purchasing agent in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of purchasing agent in Pythagorean Numerology is: 1

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=purchasing agent
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Purchasing_Agent
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Purchasing_Agent
4. ^ ChatGPT
   https://chat.openai.com