What is planned purchase order,when do we use it?

venkatesh

• Jul 1st, 2017

It is a long term agreement when you know the goods or services then you can raise PPO. whenever you make PPO you need to raise schedule releases against planned PO

vimalasridhar

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• Mar 16th, 2011

Planned purchase order is an agreement cum order where in we know the items, quantity, price and terms to purchase from the supplier but we still do not know the delivery schedules. For example for an...

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What is contract purchase agreement,when do we use it?

Somendra Singh

• Feb 27th, 2018

Contract Purchase Agreement is a kind of PO which is used when we are not confirmed for the services to be used or material to be purchased but in contract PO we can buy/use as many services by supplier company for the agreed amount and a Standard PO is being made against Contract PO

murali

• Feb 26th, 2015

Purchase agreement is created only after price & item freezed with long term basis,without indication of quantity,after agreemner approval,buyer can release order based on schedule

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What is blanket purchase order? when do we use it?

mejigs

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• Apr 5th, 2011

Blanket Purchase order can be used when - Duration of contract is fixed- Buyer knows which items to be purchased (fixed set of items)- Quantity of items is unknown- Price given by supplier is fix...

vimalasridhar

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• Mar 16th, 2011

Blanket Purchase Agreement is raised for long term contract with the supplier. We have price breaks in this. We can create BPA for the item to be supplier by the supplier though we do not know quantit...

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