Purchase Requisitions

Purchase requisitions are used to store and track requests for material resources and services.

Requests can be created manually or by the system for the following situations:

For work orders that require materials or services
By the batch stock reorder process when the number of items fall below the reorder point
Manually to replenish stock

After the purchase requisition is reviewed and approved, it can be transitioned to a purchase order to initiate the actual purchase with the vendor. Requisitions can also be used to create blanket contracts.

While purchase orders can be created without a purchase requisition, the requisition can be used according to your business practices to formalize the purchasing process or to create a more stringent chain of approvals for auditing or other purposes.

Purchase requisitions affect Pending Order quantity for stock.