Automating Supply Chain Management for Better Results Workflow

Initiate Purchase Order

Type: Send Email

The Initiate Purchase Order process involves creating a purchase request to acquire goods or services for the company. This step commences when a department identifies a need for a specific item, product, or service. To initiate the process, the requesting party typically completes a purchase requisition form detailing the required item's specifications, quantity needed, and budget. The purchasing team reviews the request to verify that it aligns with the company's procurement policies and procedures. Once approved, they create a formal Purchase Order document, which outlines the agreed-upon terms, including price, delivery date, and payment details. The Initiate Purchase Order step is critical as it sets in motion the necessary actions for procuring the desired goods or services from external suppliers, ultimately supporting business operations and ensuring continuity.