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Purchasing Agent

A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. The position responsibilities may be the same as that of a buyer or purchasing agent, or may include wider supervisory or managerial responsibilities. A Purchasing Manager may oversee the acquisition of materials needed for production, general supplies for offices and facilities, equipment, or construction contracts. A Purchasing Manager often supervises purchasing agents and buyers, but in small companies the Purchasing Manager may also be the purchasing agent or buyer. The term Purchasing Manager is also known as "Procurement Manager".

A Purchasing Manager's responsibilities may include:

  • seeking reliable vendors or suppliers to provide quality goods at reasonable prices
  • negotiating prices and contracts
  • reviewing technical specifications for raw materials, components, equipment or buildings
  • determining quantity and timing of deliveries (more commonly in small companies)
  • Forecasting upcoming demand.

From Wikipedia under the GNU Free Documentation License
Wed Apr 11 04:59:32 2012

Noun

purchasing agent (plural purchasing agents)

  1. A person or group whose job is to buy equipment, supplies, inventory, or other assets for a business or other organization.
    • 1861, "Report of the Secretary of the Navy," New York Times, 4 Dec. (retrieved 21 Oct. 2008):
      Subjoined is a statement from the purchasing agent at New-York, with a schedule giving the name, tonnage, price demanded, and cost actually paid of every vessel that has been bought by him.
    • 1960, "Nettled Nickel-Nipper," Time, 4 Apr.:
      Since taking over as mayor last January, Lee has . . . forced the resignation of the city purchasing agent because he bought $10,000 worth of water pipe without asking for bids.
    • 2004, Khalid Hasan, "Pakistan mired in another nuclear scandal," Daily Times, 25 May (retrieved 21 Oct. 2008):
      The newspaper claims to have “confirmed” that Humayun Khan’s family import-export business, Pakland Corp., was a purchasing agent for Pakistan’s nuclear programme.
Synonyms Category:

From Wiktionary under the GNU Free Documentation License
Wed Nov 9 13:45:46 2011


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