Definition of purchase to order in English English dictionary
(Ticaret) (PTO) The method used to respond to demand in which an item is purchased only when required by a customer order that specifies that item, and not for processing or assembling into a different item number
A commercial document issued by a buyer to a seller, indicating the type, quantities and agreed prices for products or services the seller will provide to the buyer
The prime document raised by an organisation, and issued to an external supplier, ordering specific materials, parts, supplies, equipment or services Q Quality Rate - used in the calculation of Overall Equipment Effectiveness The proportion of the output from a machine or process which meets required product quality standards Normally specified as a percentage R RCM - see Reliability Centered Maintenance
A document including a purchase request which authorizes the delivery of specified merchandise or the rendering of certain services and the making of a charge for them
This form must give the person or firm from which a purchase is to be made It must give the item, quantity, description and actual cost or estimated cost Every purchase order must be approved by the Financial Planning Committee before the order can be phoned or placed When bills are presented for payment, each and every item on every bill must be covered by a purchase order If it is not, then the purchase shall be considered unlawful and may have to be paid for by the staff member who placed the order without authority No check will be signed unless the bill it is paying and all purchase orders appertaining thereto accompany the check
The contractual agreement with a supplier of goods or services that specifies payment terms, delivery dates, item identification, quantities, freight terms and all other obligations and conditions The order may specify multiple items and delivery dates, but is always generated for a single vendor
A formal request to a vendor to purchase goods or services This document may be sent in either hard-copy, or electronic format For a detailed explanation of purchase order related transactions, refer to the appropriate AMS documentation
a commercial document used to request someone to supply something in return for payment and providing specifications and quantities; "IBM received an order for a hundred computers"
The primary written communication tool between buyer and supplier PO's are frequently used to convey offers to suppliers, accept offers from suppliers, to confirm already existing verbal contracts and to otherwise formalize a purchase transaction with a supplier
The offer of a contract for goods/services between PD and the supplier Requisition driven Multiple POs can be generated from one requisition depending on how many bidders have been awarded parts of the requisition
An encumbrance document that shows the vendor from whom a purchase is being made, what is being purchased by the school agency, the amount of the purchase, the fund from which the purchase is being made (e g general, building or bond fund), an accounting code to which the purchase shall be applied, and the signature or initial approval of the designed central office personnel responsible for approving the ordering of goods
A sales contract made between buyer and seller, issued by the buyer of the goods, which specifies the details and terms of the purchase The purchase order may be referenced in the credit, but rarely forms an integral part thereof
When you and a supplier agree on a set of terms and the supplier accepts your Purchase Order, you've made a purchase Your next steps include arranging for financing, inspection, insurance, and shipping You can do all this from your Purchase Order or from the Trade Service page
Most customers group their orders in a particular way to facilitate distribution at the other end For example, one purchase order for an apparel importer might encompass 2 dozen green sweaters and 2 dozen red sweaters If those P O s originated from the same store, it is simple for the store to put all items under that P O onto the right truck