Purchase order

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Purchase order

A written order to buy specified goods at a stipulated price.

Purchase Order

An authorization that a company sends to a supplier to buy specified goods at a certain price. When the supplier accepts a purchase order, it becomes a legal contract that both parties are required to fill.
References in periodicals archive ?
Purchase order financing like any other funding solution for small business have their advantages and drawbacks.
In the typical scenario: the contractor provides a purchase order to the DBE subcontractor/supplier; the DBE puts the purchase order on its letterhead; and the DBE then submits the purchase order to a non-DBE supplier.
The total value of the purchase order is EUR11.5m, excluding VAT, of which the share of the Bittium TAC WIN system's products is EUR9.9m and the share of the Bittium Tough Comnode terminals is EUR1.6m.
The splitting of purchase orders, the COA said, deprived the PCOO of taking advantage of possible bulk discounts 'if the procurements were done through public bidding.'
Similarly, the Purchase Orders Detail form depends on tables PURCHASE ORDER STATUS and PURCHASE ORDERS, queries EMPLOYEES EXTENDED, PURCHASE DETAILS EXTENDED, and SUPPLIERS EXTENDED, and forms Employee Details, Purchase Subform for Purchase Order Details, Receiving Subform for Purchase Order Details, and Supplier Details.
A High Court judge found Deputy Prime Minister John Prescott had acted outside the law in approving a compulsory purchase order for an urban regeneration scheme envisaging knocking down 500 homes.
New computer-based technologies make it easy to save time using purchase orders. In addition to stock forms and blanket orders, for example, computer programs facilitate purchase-order preparation.
A supplier certainly has to have purchase order numbers to track the load that it is shipping to a mill so it can in fact be paid for it.
In reply Coun Robert Symonds said: "We have issued compulsory purchase orders in the past and we're not prepared to rule them out in the future.
* Give receiving workers copies of original purchase orders to compare with the packing slips.
Purchase orders aren't exactly commonplace for smaller remodeling companies, but according to Paul Morse of Morse Constructions in Somerville, Mass., they should be.
It's not too difficult to recall those days when purchase orders were handwritten or typed on carbon copies, stored in loose-leaf binders and sent to vendors via mail.