The official business definition of a Purchasing Requisition is a document that initiates the purchasing process. It is a formal request for goods or services that are needed to complete a project or fulfill a company’s needs. It is usually created by the department or individual responsible for the purchase and is sent to the purchasing department for review and approval. The Purchasing Requisition typically includes the details of the items or services being requested, the quantity, the expected delivery date, and any other relevant information. Once approved, the Purchasing Requisition is then sent to the supplier or vendor to fulfill the order. The Purchasing Requisition is an important document that helps to ensure that the purchasing process is completed in an efficient and cost-effective manner.
