Definition, Meaning & Synonyms
buying-manager
Noun
/ˈbaɪɪŋ ˈmænədʒər/
Definition
A buying manager is a professional responsible for purchasing goods and services for an organization, ensuring that the procurement process aligns with the company’s goals and budget.
Examples
- The buying manager evaluated several suppliers before making a decision.
- As a buying manager, she is responsible for securing the best deals for the company’s products.
- In times of economic downturn, the buying manager’s role becomes crucial in cost management.
Meaning
The term refers to an individual who oversees the purchasing decisions and strategies within a company, including supplier negotiations and inventory management.
Synonyms
- Purchasing manager
- Procurement manager
- Acquisition manager