Definition of Occupation

Analyzes requirements and makes purchases for organization in business, industry, government or nonprofit sector. Works with basic objectives of minimizing costs, ensuring both supply and quality, and maintaining favorable relations with suppliers.

NOTE: occupation can be divided into three groups (although distinction between them is blurred): buyers who conduct day-to-day transactions in broad range of products; technical buyers who have highly specialized knowledge of certain products/markets; managers who concentrate on long-range strategic planning. Current trend is towards far greater emphasis on strategic functions.