One who purchased the property--also referred to as Vendee, Payor, and Purchaser
An individual whose functions may include supplier selection, negotiation, order placement, follow-up, measurement and control of supplier performance, value analysis, evaluation of new materials and processes, etc In some companies, the functions of order releasing against already-existing contracts and supplier follow-up are handled by a buyer/planner
A market participant who takes a long futures position or buys an option An option buyer is also called a taker, holder, or owner
The buying staff negotiates and processes Purchase Orders, providing assistance to end-users Their mission is to support the University and departments in obtaining the best products for the best price Their part in the procurement processes can include troubleshooting vendor, invoice and payment problems where appropriate
Employee with delegated authority to make purchases on behalf of the company/Board of Regents/state Authorized to commit to a purchase order/contract Responsible for creating Bid Preparation Instruction sheet Assigned to different commodity groups A Purchasing Agent/Manager, Contract Administration, etc