StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Purchasing and Buying - Essay Example

Cite this document
Summary
When you are ready to begin writing the essay, type out the essay subtopics as they appear in the essay course description, and follow the four steps of…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
Purchasing and Buying
Read Text Preview

Extract of sample "Purchasing and Buying"

Download file to see previous pages

I had other experience though in my life that prepared me to make or buy decision. As a child, I was always interested in business and I created many ways to make small bits of money. My father was instrumental in providing me with an opportunity to understand business and as I continued to learn about business. When I entered the military, I knew I wanted to be a part of the Marine Corps right away. I became a purchasing specialist while living in Virginia and I was able to create 24 Government Purchase card holders.

I had to negotiation and execute 1,300 small purchases. The way I did this was through the use of a Request of Quotation. Vendors had to submit this information and I was responsible for making the decision of which ones to purchase. I also learned how to increase revenues by putting together small contracts until we had everything we needed. As an example, I created a net income of $1.2 million for the card holders which made them very happy because I showed them how to save money. I was able to reduce costs again by creating an electronic Point of Sale system.

The way that I was able to save money in this situation was to combine three positions into one. This saved 15% in the overall cost. I created a partnership with a local ending institution that gave us good rates and helped us lower our cost by providing check verification. Since our company did not have to verify checks, I was able to create the opportunity to again save money. Because I continue to educate myself, I have created many skills that provide me with the knowledge that is needed for each of my jobs.

I have received many achievements from my military training that has come in the way of various certificates. I also have a specialty in contract law and procurement which broadens my scope of skills and the world. I also have learned that there is more information than I could possibly

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/miscellaneous/1598138-purchasing-and-buying
(Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 Words)
Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/miscellaneous/1598138-purchasing-and-buying.
“Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/miscellaneous/1598138-purchasing-and-buying.
  • Cited: 0 times

CHECK THESE SAMPLES OF Purchasing and Buying

Sales and Marketing in Communication Industry

It also functions in merely those who would possibly buy at a future date as well as those others who are mildly interested in buying.... Name Institution Course Instructor Date Sales and Marketing in Communication Industry Statistics show that the commonly used tool for communication worldwide is the mobile phone....
8 Pages (2000 words) Essay

Purchasing And Supply Chain Management

The paper "purchasing and Supply Chain Management" discusses a purchasing as one of the most important decisions which need prior assessment of various things and five major steps of the buying cycle.... Furthermore, the selection of a supplier is also evident, prior to buying as well as to search for other alternatives in order to acquire the product at a reduced cost (Weele, 2009).... The activity of acquiring goods or services for a specified price is referred to as purchasing....
8 Pages (2000 words) Case Study

Consumer Purchasing Process

Consumer Purchasing Process Introduction Business undertaking involve buying and selling of products and services.... Both buying and selling involves activities performed by a buyer to acquire materials.... hellip; The aim of this paper is to analyze the purchasing process used in making purchases and draw recommendations to show what Mr.... purchasing process purchasing process is identical to the process used by final consumers....
5 Pages (1250 words) Essay

Characteristics of B2C Markets

Industrial organisations' buying differs from that of consumers because they have additional needs, for example, the making of profits and legal obligations to their customers.... Generally consumer buying is a brief process where they can be affected by situational factors like point of purchase advertising, consumer moods, promotional offers etc.... buying behavior is largely determined by cultural, social, personal and psychological factors....
5 Pages (1250 words) Essay

Contributions of Buyers in Company Budget

buying decisions are made by individuals or group such as a family or a committee in a commercial or industrial organization.... The essay "Fashion buying" concerns the buying process in the fashion industry.... Consumer buying process involves need recognition, information search, evaluation of the alternatives and deciding upon one of the alternatives and making the purchase decision.... Organizational buying behaviour....
12 Pages (3000 words) Essay

Purchasing Decisions of Consumers

The essay "Purchasing Decisions of Consumers" is an attempt to examine the factors that affect the buying behavior and purchase decisions of undergraduate students for clothing or apparel.... Despite the fact that it has made the life of marketers troublesome but at the same time, keeping a close eye on the buying behavior of all consumers has become predictable and unavoidable.... Their research indicates that the purchasing decisions of any young consumer would indicate a pattern along with mental and cognitive orientations (pp....
7 Pages (1750 words) Essay

Factors influencing consumers buying behaviour of Thai people in choosing luxury brands

This essay explores the factors influencing consumers buying behavior of Thai people in choosing luxury brands.... Whereas positivism design seeks to identify the causes of buying behavior patterns, the interpretivist methodology is more qualitative and seeks for commonness in consumption patterns.... hellip; The researcher aims at achieving the following objective s: identify the factors that influence Thai people to buy luxury fashion brands, determine consumer's behavior and decision making on purchasing luxury goods and identify attitudes toward purchasing luxury good among Thai consumers....
8 Pages (2000 words) Essay

Socially Responsible Organizational Buying

The case study "Socially Responsible Organizational buying" points out that Focusing on social responsibility especially in international channel relationships, Littrell and Dickson (1999) stated that social responsibility involves a system-wide range of practices for conducting business.... Similarly, such influential organizational factors can be effective to improve their employee's ethical and socially responsible buying, and it is companies role to implement them strategically and systematically in the organization....
10 Pages (2500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us