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Who is the called buyer?

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. A buyer is a person who works for a large store deciding what goods will be bought from manufacturers to be sold in the store.

What is it like working as a buyer?

As a buyer, youre responsible for managing the cost base of your product ranges to meet target margins for the business. You spend much of your time liasing with suppliers to develop new ranges. You need to be aware of market trends, and be on top of what your competitors are up to at all times!

Is called the seller?

The term seller refers to a party that offers a good, service, or asset in return for payment. A seller can be an individual, corporation, government, or any other entity. In financial markets, a seller is a party that offers an asset they own or hold for purchase by someone else.

What is the career path for a buyer?

Advancement opportunities for buyers Experienced buyers may advance into the role of a purchasing manager, who supervises an entire team of purchasing agents, or even advance into higher leadership roles, such as procurement chief or supply chain director.

Who is a buyer in purchasing?

Those who buy finished goods, such as clothes or furniture, are called buyers. Those who buy the parts and materials that help make goods are called purchasing agents or purchasers. These two types of workers have similar duties. Buyers and purchasers research suppliers before buying any goods.

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