purchasing

purchasing pur‧chas‧ing [ˈpɜːtʆsɪŋ ǁ ˈpɜːr-] noun [uncountable] COMMERCE
the activity of buying the materials, stock, equipment etc that a company needs to produce goods:

• She is the company's purchasing manager.

• The purchasing of consulting services has changed and is affected by the economy.

* * *

purchasing UK US /ˈpɜːtʃəsɪŋ/ noun [U]
WORKPLACE the activity of buying supplies for a company: »

The central purchasing department identifies suppliers and negotiates the best price.

»

the purchasing manager/director

COMMERCE the activity of buying goods and services from a company: »

Packaging has a strong influence on consumers' purchasing decisions.

»

Online purchasing accounts for 60% of our total sales.


Financial and business terms. 2012.

Look at other dictionaries:

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