Purchasing (Noun)
Meaning
The act of buying; "buying and selling fill their days"; "shrewd purchasing requires considerable knowledge".
Classification
Nouns denoting acts or actions.
Examples
- The company's purchasing department is responsible for acquiring all the necessary materials and equipment.
- Effective purchasing strategies can significantly reduce a business's operational costs.
- Her purchasing power was limited by her modest salary.
- The purchasing process for the new software was lengthy and involved several stakeholders.
- The company's purchasing manager was tasked with finding the best deals on office supplies.