BUYERS

A buyer is a person or a company who acquires a product or service

for something in return. If a buyer purchase finished goods for resale

then he will be called as merchandiser. A buyer who purchases raw

materials for production is called as purchasing agent. When a buyer

purchases goods from other countries, he will be called as importers.

Buyers play a vital role in supply chain in the business market. A

buyer’s most important role is to buy quality products or services for

affordable cost. Negotiation is the essential skill that a buyer must

have.

A buyer must have thorough knowledge of suppliers. He must be

aware of new suppliers and reputed suppliers in the market. They can

get entire supplier list from 250 countries in Bizbilla.com. They must

send requisitions and get quotations from various suppliers in their

industry. And then he should select quality suppliers with affordable

prices among all the quotations.

The most important task is to negotiate for low cost and send

purchase order to the right suppliers. Then he must do follow-up for

the delivery of products in time.

In a supply chain, buyer plays a vital role. When a buyer actively

participates in supply chain, the production cost will be lesser. Buyers

have an important role in inventory management. He should be

aware of in-stock status and make purchase order accordingly. If a

buyer does his part actively then supply chain will be strong.

Buyer has to know the current trends in global and local market.

Buyers can gain plenty of information from the global database

provided in b2b global marketplace Bizbilla.com. And Bizbilla has the

complete list of buyers across the world.

To know more visit<>www.bizbilla.com