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Independent or third party personnel who undertake procurement or negotiate purchases on behalf of an organization may be called purchasing agents or buying agents, although the term "purchasing agent" has a longer and broader history: the Institute for Supply Management in the United States was originally called the National Association of ...
Buying agents or purchasing agents are people or companies that offer to buy goods or property on behalf of another party. [1] Indent agents or indenting agents (or firms) are alternative terms for buying agents. [2] An indent is an order for goods under specified conditions of sale. [3] [4]
Institute for Supply Management (ISM) is the world's oldest and largest supply management association. [1] Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with interest in supply management, providing education, training, qualifications, publications, information, and research.
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Moses Yale Beach died suddenly Sunday morning at Wallingford, Conn,, where he was born, Jan. 7, 1800. In 1814 he was apprenticed to a cabinetmaker in Hartford, Conn., whom he served for four years, and then, purchasing his freedom, went into the cabinet business on his own account at Northampton, Mass.
Purchasing is the procurement process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.
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