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Here are some of the basic purchasing department functions:
- Identify business requirements for goods, materials, and services
- Find reliable suppliers to meet these requirements
- Negotiate prices, build quality, and delivery terms
- Set up the order quantities and making bid requests on supply contracts
- Coordinate delivery and storage operations
- Run quality control and product testing
- Manage budgets based on ROIs and payments
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A purchasing department is the division of a company that's responsible for acquiring the goods and services the business requires to operate. Some companies … See more
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