Depending on what type of purchase you are going to make, then the process concerned is not the same. The following examples show the different processes that take place concerning the different purchase types.
Personal purchases The
consumer purchases for the consumption of themselves, then they fall into this very important category class. They are ultimately driving the economy through the purchase of its products. Therefore, the economy becomes dependent on them.
Mercantile purchasing Facilitated by middlemen for the intention of re-sale to meet others requirements. Agents, wholesalers and retailers come under this category providing their own channels of distribution to the consumer.
Industrial purchasing The is buying to convert material into
finished goods and
product. It entails buying
raw materials. Components, supplies and consumable stores, spares and tools, machines and equipment and office appliance.
Institutionalized or government purchasing Government agencies or institutions are very important, critical, they purchase in bulk for
public utilities. ==References==