Unit 3: Purchasing Documents Flashcards
1
Q
what is a purchase requisition
A
it is an internal company document sent by the sales department to inform the purchasing department to buy goods or service
2
Q
How many quotations needed in Request for quotations
A
3 quotations
3
Q
what do Requests for information do
A
it is used to gather specific information from potential suppliers
4
Q
what do blanket purchase order do
A
it is items that is ordered repetitively from supplier
an open order over a period of time
between 6-12 months
5
Q
what is purchase release
A
it is open order with no specific dates
6
Q
what is bill of lading
A
it is used by carriers to detail the number of boxes delivered to a place
7
Q
materials packing slip
A
created by supplier
8
Q
maintenance repair and operating items
A
expandable items for business
