Buyer


Buyer

:"For a name, see Bayer or Beyer or Beyers.":"For the occupation in the fashion industry, see Buyer (fashion)."A buyer is any person who contracts to acquire an asset in return for some form of consideration.

When someone gets characterised by their role as buyer of certain assets, the term "buyer" gets new meaning:

A "merchandiser" or buyer is a person who purchases finished goods, typically for resale, for a firm, government, or organization. (A person who purchases material used to make goods is sometimes called a purchasing agent.)

In product management, buyer is the entity that decides to obtain the product.

A buyer's primary responsibility is obtaining the highest quality goods at the lowest cost. This usually requires research, writing requests for bids, proposals or quotes, and evaluation information received.

ee also

* Chartered Institute of Purchasing and Supply [http://www.cips.org [Chartered Institute of Purchasing and Supply]
* Purchasing agent
* Agent
* Broker
* Merchant
* Buyer's rights

External links

* [http://www.iseek.org/sv/Careers?id=13000:100263 Career: Buyers and Purchasing Agents]
* [http://www.bls.gov/oco/ocos023.htm Purchasing Managers, Buyers, and Purchasing Agents]


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Look at other dictionaries:

  • buyer — index consumer, customer, patron (regular customer) Burton s Legal Thesaurus. William C. Burton. 2006 buyer …   Law dictionary

  • buyer — c.1200, biggere one who purchases, agent noun from BUY (Cf. buy). Meaning one whose job is to buy goods for a store is from 1884. Buyer s market attested from 1926 …   Etymology dictionary

  • Buyer — Buy er (b[imac] [ e]r), n. One who buys; a purchaser. [1913 Webster] …   The Collaborative International Dictionary of English

  • buyer — /ˈbajer, ingl. ˈbaɪə(r)/ [lett. «acquirente, compratore», da to buy «acquistare»] s. m. e f. inv. (org. az.) responsabile acquisti, approvvigionatore …   Sinonimi e Contrari. Terza edizione

  • buyer — [n] someone who purchases client, consumer, customer, easy make*, emptor, end user, patron, prospect, purchaser, representative, shopper, sucker*, user, vendee; concept 348 Ant. marketer, seller …   New thesaurus

  • buyer — Buyer, voyez Bouys …   Thresor de la langue françoyse

  • buyer — ► NOUN 1) a person who buys. 2) a person employed to select and purchase stock for a retail or manufacturing business …   English terms dictionary

  • buyer — [bi′ər] n. 1. one who buys; consumer 2. a person whose work is to buy merchandise for a retail store …   English World dictionary

  • buyer — Anyone who enters the market to purchase a good or service. For futures, a buyer can be establishing a new position by purchasing a contract ( going long), or liquidating an existing short position. Puts and calls can also be bought, giving the… …   Financial and business terms

  • buyer — noun ADJECTIVE ▪ potential, prospective, would be ▪ first time ▪ The houses are ideal for first time buyers. ▪ home, house (esp. BrE …   Collocations dictionary


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