Buying strategy vs Purchasing strategu

Both "buying strategy" and "purchasing strategy" are correct phrases, but "purchasing strategy" is more commonly used in business contexts. Both phrases convey the same meaning of a plan or approach for acquiring goods or services.

Last updated: March 25, 2024 • 780 views

This phrase is correct and commonly used to refer to a plan or approach for purchasing goods or services.

"Buying strategy"

This phrase is used to describe the strategy or plan a person or organization has for buying products or services.

Examples:

Our company's buying strategy focuses on quality over quantity.
She developed a smart buying strategy to save money on groceries.
The team is discussing their buying strategy for the upcoming project.
A good buying strategy can help you make informed purchasing decisions.
The consultant recommended a new buying strategy to improve efficiency.

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This applies even where a multinational corporation has a Community buying strategy and sources all its requirements for a good or service from one location.
This aspect is particularly serious in sectors such as electricity, where there is a clear imbalance between State enterprises involved in very aggressive buying strategies outside their national markets and liberalised or private enterprises which are unable to respond under the same conditions.
So the e-mails outline his boss's strategy for buying large amounts of a cheap, risky stock called Venture Command.
On 21 October 1998, the Municipality of Farsund and LILAS agreed on a strategy for buying the property.
Raising awareness of the risks associated with buying counterfeit goods has also been an important part of the Commission's work in empowering consumers in line with the EU consumer policy strategy 2007-13.
Can we leave industrial and economic development strategies and thousands of jobs in the hands of a corrupt shareholder who is capable of sinking the Prestige, buying some profitable gems within Metaleurop, and leaving a region with unacceptable pollution?
Does the Commission believe that buying the Foyer for the above sum will make a greater contribution to the work-life balance (as under the Lisbon Strategy) than the creation of significantly more creche places?

Alternatives:

purchasing strategy
procurement strategy
acquisition strategy
sourcing strategy
acquiring strategy

This phrase is correct and more commonly used in business contexts to refer to a plan or approach for acquiring goods or services.

"Purchasing strategu"

This phrase is commonly used in business settings to describe the strategy or plan a company has for purchasing products or services.

Examples:

The company's purchasing strategy focuses on cost reduction and supplier relationships.
She is responsible for developing the purchasing strategy for the new product line.
The purchasing strategy includes negotiating contracts with vendors.
A well-defined purchasing strategy can lead to significant cost savings.
The purchasing strategy needs to align with the company's overall goals.

Show examples from the web [+]

It also seems appropriate to retain the present strategy of purchasing the buildings we use.
If we focus our purchasing power and our infrastructure strategies, we will have authority.
As is purchasing artwork with stolen funds.
Sandra Bernhard here is interested in purchasing my book.
Such service contracts may also include the provision of ancillary purchasing activities.
Certain centralised purchasing techniques have been developed in Member States.
Consumers must be protected against purchasing defective or dangerous products.
The missing people worked for the Purchasing Department.
We incurred some debt purchasing the stones.
Successful public purchasing depends upon good practice consistent with the Directives.
Certain centralised purchasing techniques have been developed in Member States.
Value of purchases includes purchasing costs.
Centralised purchasing activities and central purchasing bodies
We must improve marketing, and also labelling and communication strategies, to inform consumers and thus assist them in their purchasing decisions.
Purchasing Power Parities (PPPs) are currency conversion rates that both convert to a common artificial currency (Purchasing Power Standards, PPS) and equalise the purchasing power of different currencies.
Accordingly, only a small proportion of customers purchasing packages would switch to unbundled flights and an even smaller proportion of customers purchasing unbundled flights would consider purchasing a package.
Contracting authorities may, without applying the procedures provided for in this Directive, award a public service contract for the provision of centralised purchasing activities to a central purchasing body.
Contracting entities may, without applying the procedures provided for in this Directive, award a service contract for the provision of centralised purchasing activities to a central purchasing body.
Central purchasing bodies are responsible for making acquisitions, managing dynamic purchasing systems or awarding public contracts/framework agreements for other contracting authorities, with or without remuneration.
Contracting authorities should be allowed to award a public service contract for the provision of centralised purchasing activities to a central purchasing body without applying the procedures provided for in this Directive.

Alternatives:

buying strategy
procurement strategy
acquisition strategy
sourcing strategy
acquiring strategy

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Buying strategy vs Purchasing strategu

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