What is Purchase Requisition?
PR, Purchase Requisition
Telling the purchasing manager, “How many of these should I buy, and by when?”
What it means
A purchase request is a request sent by a party in need of materials to the purchasing manager. What, how many, and until when are included. The lines that indicate shortages in the material requirements plan become purchase requisitions.
The purchasing manager looks at this request, determines the supplier, value, and bundle unit and places an order. Therefore, the requested quantity and the ordered quantity may differ.
At the pen factory
On day 8, a purchase request is created: "black refill 60 pieces, by morning of November 9th." Since Daehan Refills are only sold in boxes of 200 pieces, orders are placed in 200 piece quantities.
Why it matters
If you divide the work between the needing side and the buying side, what remains separate from what you needed and why you actually bought it.
How this differs from Purchase order
A purchase request means saying “Please buy it” within the company, while an order means saying “Please send it” to a supplier outside the company.