Blanket Purchase Order

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Blanket Purchase Order

An order to buy the same good or service regularly. For example, if a company buys 100 barrels of refined oil every day for a year, it may make a blanket order to cover all barrels for the entire year rather than making separate daily purchase orders. A blanket purchase order may specify the period during which it is effective.
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You need blanket purchase orders with release dates that allow you to negotiate with suppliers and to have materials delivered on demand.
Blanket Purchase Orders that need to be scanned into electronic format that is searchable by
Working collaboratively, create a flexible program with Northwire for just-in-time delivery, blanket purchase orders, safety stock and more.
Purchasing Module - Full purchasing capabilities that include blanket purchase orders, duplicate material issues, and more.
With the Purchasing module, users can now make blanket purchase orders and indicate or change the vendor to be paid at the point of invoice entry.
Because they are reliable, Edith gives them blanket purchase orders (six months to a year, depending on quantities).
When PRG-Schultz conducted a review of an international computer products distributor recently, the audit showed that the company's blanket purchase orders were not reconciled to the related invoices.
By implementing best practices such as bar coding, electronic ordering, procurement cards and blanket purchase orders, companies can reap the advantages presented by eProcurement, Not the least of these is that, through self-service capabilities, routine purchasing activities may be performed by the requisitioner.
The Company also received releases for blanket purchase orders placed and announced in 2010 amounting to $160,000 that will be shipped by April.
Blanket purchase orders for a large percentage of the total buy
Purchasing & Materials Management, with new support for blanket purchase orders including monetary and status change security controls.
Provides tighter security controls at a company group level for project accounting and blanket purchase orders as well as enhanced 'default' user security by company, division and department.