Marketing EssentialsSection 1:
The Role of the BuyerAfter You Read Online ActionReviewing Key Terms and Concepts - Three job titles that can be used to describe people responsible
for purchasing in manufacturing and service businesses include: purchasing managers,
industrial buyers, and procurement managers.
- The bill of materials gives the total of all materials necessary
to make one item. This can be multiplied by the total number of items to determine
exactly how much must be purchased
- Centralized buying helps to create a unified image for the chain,
merchandise can be transferred from one store to another where it is selling
better, and quantity discunts can be negotiated due to large volume purchases.
Integrating Academic Skills - $1.25, $1.13
- Brochures and sites will vary, but they should demonstrate your understanding
of industrial purchasing.
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