The-definition.com

Definition

Purchasing officers

Purchasing officers refer to that personnel who perform a role similar to that of brokers or agents but are part of the buyer’s organization. Many retailers set up purchasing offices in major market centers, such as New York and Chicago.

Share it:  Cite

More from this Section

  • Referral revenue
    Referral revenue means dollars in sales from customers referred to the firm by current ...
  • Standardized global marketing
    Standardized global marketing refers to an international marketing strategy that basically ...
  • Brand variants
    Brand variants are specific brand lines uniquely supplied to different retailers or distribution ...
  • Customer lifetime value
    Customer lifetime value is the value of the entire stream of purchases that the customer ...
  • Approach
    Approach is a step of selling process where a salesperson meets the customer for the first ...