Buyer Overview | What is a buyer? - Zippia (2024)

FAQs

Buyer Overview | What is a buyer? - Zippia? ›

A buyer sources, negotiates, and purchases goods and services on behalf of a company or organization. They research market trends, evaluate suppliers, and make decisions based on quality, price, and availability.

Duties and responsibilities of a Buyer

Selecting new products and reviewing the old. Finding the right suppliers. Negotiating prices (so the store doesn't get ripped off) Ensuring the products are delivered on time.

Buyer III/Buyer III (Lead)

The Buyer III may be assigned purchases or contracts for commodities and services which involve the integration of many diverse elements, are of high cost, or which entail construction projects, service agreements, repair projects, or interagency agreements.

Buyers are responsible for purchasing goods for a company to use or sell in their own business. This position requires extensive research and the ability to negotiate contracts with suppliers, manage an inventory, evaluate quality goods, and stick within a budget.

Researches, secures, compares, and evaluates information regarding source of supply, price, quality, availability, terms and conditions, and related information for varied materials, supplies, services, and equipment.

A buyer is a person who is buying something or who intends to buy it. Car buyers are more interested in safety and reliability than speed.

For example, you may need to inspect products, negotiate contracts, manage inventory, or conduct market research. Ultimately, buyers juggle a lot of different responsibilities in the workplace. It's an ideal job for people who thrive in fast-paced, ever-changing environments where no two days are alike.

Buyer I is the entry-level professional job in this series. Buyer II is the second-level professional job in this series. Buyer III is the first-level supervisory job in this series.

Performs moderately complex purchasing procedures in the acquisition of goods and services from a variety of vendors including small, women, and minority owned businesses.

How to be a good buyer? ›

This means that a buyer should always do their research, taking time to determine their priorities, as well as getting to know the products that they want to buy, the manufacturer or supplier that they are speaking with and having an awareness of their room for negotiation.

Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Select, order, and authorize payment for merchandise according to contractual agreements. May conduct meetings with sales personnel and introduce new products. May negotiate contracts.

Good buyers do their due diligence. They weigh their options, they are sure of their direction and they make decisions. Good buyers commit and go! Salespeople can be pains in the ass.

Procurement professionals work in projects: Theoretically they have clear scope, timing, defined milestones, budget and a final delivery date. Buyers have a routine to respect, and that routine is part of the success of the role. Discipline and alignment with the parts involved is key to success.

Professional Buyers rarely own the business issue or problem related to the products and services you are selling. They are buying on behalf of the people and functions in their organization who do own that business problem. In other words, they all have internal customers they are trying to satisfy.

The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract. ‹ § 2-328. Sale by Auction. up § 2-302.