MLchartDataset catalogue

Buyer

Term · Industrial and trades · MLC-T-IND-000884

An individual or department responsible for procuring goods, materials, and services required for a company's operations. They identify sources of supply, negotiate contracts, manage supplier relationships, and issue purchase orders to acquire items at the best possible price and quality. A buyer's performance is often measured by metrics such as cost savings, on-time delivery rates, and supplier quality levels.

Table 1. Record
IdentifierMLC-T-IND-000884
FieldIndustrial and trades
SubjectManufacturing
Synonymspurchasing agent
TranslationsGerman: Einkäufer; Spanish: comprador; French: acheteur
Record as JSON
{
  "id": "MLC-T-IND-000884",
  "term": "Buyer",
  "field": "Industrial and trades",
  "definition": "An individual or department responsible for procuring goods, materials, and services required for a company's operations. They identify sources of supply, negotiate contracts, manage supplier relationships, and issue purchase orders to acquire items at the best possible price and quality. A buyer's performance is often measured by metrics such as cost savings, on-time delivery rates, and supplier quality levels.",
  "synonyms": [
    "purchasing agent"
  ],
  "subject": "Manufacturing",
  "translations": {
    "de": "Einkäufer",
    "es": "comprador",
    "fr": "acheteur"
  },
  "url": "https://mlchart.com/terminology/industrial/buyer/"
}

Record 973 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.