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Glossary Inventory Managment / Term

Purchase order

A document used to approve, track, and process purchased items. A purchase order is used to communicate a purchase to a supplier. It is also used as an authorization to purchase. A purchase order will state quantities, costs, and delivery dates. The purchase order is also used to process and track receipts and supplier invoices/payments associated with the purchase.

Permanent link Purchase order - Creation date 2020-07-05


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