purchasing agent

Company's buying representative

A purchasing agent is a person responsible for buying goods or services on behalf of an organization.

They negotiate with suppliers, compare prices, and manage procurement to get the best value.

The role exists across industries—from manufacturing to government to retail chains.

Also called a buyer or procurement officer.

procurement

sourcing

Obtaining from suppliers

requisition · request for proposal · RFP · bidding · specifications · evaluation · award · outsourcing · supply chain · acquisition

operations

inventory

Catalog of held assets

order · shipment · logistics · distribution · tracking · fulfillment · lead time · backorder · receiving · inspection

commerce

invoice

Itemized billing statement

import · export · trade · marketplace · quotation · catalog · merchandise · goods · cost analysis · budget

negotiation

bargaining

Negotiating mutually acceptable terms

  • contractEnforceable written agreement
  • termsConditions of an agreement
  • pricingEstablishing monetary amounts charged

discount · concessions · counteroffer · leverage · volume pricing · bulk rate · payment terms · warranty · haggling · deal-making

Categories
Opposites
transaction role

purchasing agentsales agent

Sells for another party

salesperson · sales representative · seller · vendor · account executive

organizational function

purchasing agentsales manager

Supervises commercial transaction staff

sales director · marketing director · sales team · order fulfillment · account manager

Family

purchasing, agent, purchase, purchased, purchaser, purchases, agents, agency, agencies

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G