The official business definition of a requisition process is the process of requesting goods or services from an external source. This process typically involves the preparation of a requisition form, which is then submitted to the appropriate department or vendor for approval.
Once approved, the requisition form is used to order the requested goods or services. The requisition process is an important part of the procurement process, as it ensures that the goods or services requested are available when needed and that the costs associated with the procurement are within budget.
Additionally, the requisition process helps to ensure that the requested goods or services are of the highest quality and meet the organization’s standards. Requisition processes can vary from organization to organization, but typically involve the same basic steps, such as the preparation of the requisition form, the approval process, and the ordering of the goods or services.