Question

In: Operations Management

Which of the following activities would be typically performed by a purchasing executive? A) Actual buying...

Which of the following activities would be typically performed by a purchasing executive?

A) Actual buying of materials

B) Receiving inbound materials

C) Reverse logistics

D) Traffic

E) Warehousing

Solutions

Expert Solution

Answer: Option A (Actual buying of materials)

Explanation:

A Purchasing executive is a worker inside an organization, business or other association who is capable at some level for purchasing or affirming the obtaining of products and enterprises required by the organization. Liable for purchasing the best quality items, merchandise, and ventures for their organization at the most serious costs, buying supervisors work in a wide scope of parts for a wide range of associations. The position duties may incorporate more extensive supervisory or administrative obligations. A Purchasing executive may regulate the obtaining of materials required for creation, general supplies for workplaces and offices, hardware, or development contracts. A Purchasing executive frequently oversees buying specialists and purchasers, however, in small organizations, the Purchasing Manager may likewise be the buying operator or purchaser.

A Purchasing executive’s obligations job includes:

  • Looking for solid sellers or providers to give quality products at sensible costs
  • Arranging costs and agreements
  • Assessing specialized determinations for crude materials, segments, equipment or structures
  • Deciding amount and timing of conveyances (all the more normally in little organizations)
  • Forecasting future demands

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