Buyings

The act or process of acquiring goods or services in exchange for money or its equivalent. This encompasses a broad range of activities, from simple retail transactions to large-scale procurement operations. buyings involves assessing needs, evaluating options, negotiating prices, and completing the purchase. It often reflects a consumer's or organization's priorities and resource allocation. Efficient buying can lead to cost savings, while poor buying decisions can result in financial losses and dissatisfaction. The term frequently refers to multiple individual purchases, representing an ongoing practice or a set of related acquisitions. Successful buyings requires a combination of market awareness, financial acumen, and negotiation skills, all aiming for the best value proposition.

Buyings meaning with examples

• The company's annual report highlighted a significant increase in their 'buyings' of raw materials, reflecting a surge in production. They carefully negotiated with multiple suppliers to secure the best prices and ensure timely delivery of components. Strategic 'buyings' allowed them to minimize production costs and improve profitability in the fiercely competitive market.
• After carefully researching various camera models, the photography enthusiast began his 'buyings' process. He compared prices across different online retailers, read reviews, and considered the warranty options. His 'buyings' journey resulted in the purchase of a high-quality camera kit that met all his requirements and stayed within his budget.
• The city council implemented a new policy regarding 'buyings' for public projects, aiming to increase transparency and reduce corruption. The new guidelines require competitive bidding and public disclosure of all procurement contracts. The changes were designed to ensure the best value for taxpayers' money and promote fair dealings in the city's 'buyings'.
• With the holiday season approaching, online retailers anticipated a sharp increase in 'buyings' activity. Targeted advertising and promotional offers aimed to capture consumers' attention and drive sales. The intense competition drove retailers to optimize their supply chains and offer the lowest prices to attract 'buyings' from customers.
• The investor's portfolio was a reflection of his 'buyings', revealing his investment strategy and risk tolerance. He carefully selected stocks based on financial analysis and market trends, while simultaneously diversifying across different sectors. His 'buyings' aimed for long-term capital appreciation, adjusting his selections periodically based on his observations.