What does purchasing agent mean?
Definitions for purchasing agent
pur·chas·ing agent
This dictionary definitions page includes all the possible meanings, example usage and translations of the word purchasing agent.
Princeton's WordNet
purchasing agentnoun
an agent who purchases goods or services for another
Wiktionary
purchasing agentnoun
A person or group whose job is to buy equipment, supplies, inventory, or other assets for a business or other organization.
Wikipedia
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.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of purchasing agent in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of purchasing agent in Pythagorean Numerology is: 1
Translations for purchasing agent
From our Multilingual Translation Dictionary
- responsabile acquistiItalian
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"purchasing agent." Definitions.net. STANDS4 LLC, 2024. Web. 4 May 2024. <https://www.definitions.net/definition/purchasing+agent>.
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