• Difference between a Purchase Order and a Purchase Requisition

    by  •  • Material Management (MM) • 1 Comment

    A Purchase Requisition is a document type that gives notification of a need for materials or services. A Purchase Order is a document type that is a formal request for materials or services from an outside vendor or plant. Procurement types may be defined at the line item and can be standard, subcontracting, consignment, stock transfer, or an external service.

    FacebookTwitterGoogle+PinterestLinkedIntumblrDiggRedditbufferflattrStumbleUponEmail

    About

    The Unofficial ERP Knowledge Base

    http://www.erpdb.info

    One Response to Difference between a Purchase Order and a Purchase Requisition

    1. bannu
      at

      interesting…to know more…..

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Connect with Facebook