Definition of Purchase requisition:
Document generated by a user department or storeroom-personnel to notify the purchasing department of items it needs to order, their quantity, and the timeframe. It may also contain the authorization to proceed with the purchase. Also called purchase request or requisition.
How to use Purchase requisition in a sentence?
- With new products making their debut and the show floor receiving a requisite do-over to properly display the new merchandise, the store owner decided to send someone over to the warehouse with a purchase requisition for extra supplies.
- You should make sure that you have a strong purchase requisition so that you know you got the real thing.
- Maintaining proper documentation of purchase requisition forms is crucial for companies to monitor expenses and use of their available inventory.
Meaning of Purchase requisition & Purchase requisition Definition