Requisition Definition
A requisition is a formal request, often made in writing, for something that is needed. In business, a requisition may be made for supplies, equipment, or personnel. It may also be known as a purchase requisition or material requisition.
A requisition is usually initiated by someone within an organization who has a need for something. The request is then forwarded to the appropriate department or individual who can fulfill the request.
Requisitions are often used in business settings when an individual needs to purchase supplies or equipment for their department. For example, if an employee needs new office furniture, they may submit a requisition to their manager. The manager would then review the request and forward it to the purchasing department.
Personnel requisitions are also common in businesses. For example, if a company is hiring new employees, they may use a requisition to request additional staff from human resources.
In some cases, requisitions may be made externally. For example, if a company is requesting bids from vendors for a project, they may issue a formal requisition outlining their needs.
