Purchasing and Buying Essay Example | Topics and Well Written Essays - 3000 words

Purchasing and Buying - Essay Example I had other experience though in my life that prepared me to make or buy decision. As a child, I was always interested in business and I created many ways to make small bits of money. My father was instrumental in providing me with an opportunity to understand business and as I continued to learn about business. When I entered the military, I knew I wanted to be a part of the Marine Corps right away. I became a purchasing specialist while living in Virginia and I was able to create 24 Government Purchase card holders. I had to negotiation and execute 1,300 small purchases. The way I did this was through the use of a Request of Quotation. Vendors had to submit this information and I was responsible for making the decision of which ones to purchase. I also learned how to increase revenues by putting together small contracts until we had everything we needed. As an example, I created a net income of $1.2 million for the card holders which made them very happy because I showed them how to save money. I was able to reduce costs again by creating an electronic Point of Sale system. The way that I was able to save money in this situation was to combine three positions into one. This saved 15% in the overall cost. I created a partnership with a local ending institution that gave us good rates and h elped us lower our cost by providing check verification. Since our company did not have to verify checks, I was able to create the opportunity to again save money. Because I continue to educate myself, I have created many skills that provide me with the knowledge that is needed for each of my jobs. I have received many achievements from my military training that has come in the way of various certificates. I also have a specialty in contract law and procurement which broadens my scope of skills and the world. I also have learned that there is more information than I could possibly