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Buying office is usually refer to an office of a company setting up outside its orginal country to support its sourcing and merchandising functions. It manages the supply chain for the company. For examples, Wal-mart has set up its own buying office in Shenzhen, China.
In a buying office, it normally has the following basic functions:-
1. Sourcing
2. Merchandizing
3. Technical/Engineering Support
4. Quality Inspection
5. Logistics/shipping
The reason of setting up buying office in the Far East is the result of gobalization. Companies in the Western countries cannot easily control the supply chain activities in the far east. They need to have people to control the activities close to their manufacturing places/locations.