Definition

Anticipatory purchasing

Anticipatory purchasing is a purchasing agent stockpiles an extremely large supply, well in advance of need, anticipating future problems.

Share it:  Cite

More from this Section

  • Selling direct
    Selling direct or direct sell is a process of selling products from the origin place to ...
  • Threat of substitutes
    In general, industries are more attractive when the threat of substitutes is low. This ...
  • Buying Intentions Survey
    Buying intentions survey is an instrument that is used to gauge customer interest in a ...
  • Entrepreneurial Firms
    Entrepreneurial firms are companies that bring new products and services to market by ...
  • Stock certificates
    Stock certificates are documents that provide legal evidence of ownership of shares in ...