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Differentiate the standard purchase order,Blanket purchase
agreement,Contract purchase agreement,Planned purchase order?

Answer Posted / srinivas

Standard purchase order is used for one-time purchase, while
a blanket purchase order uses the same purchase order number
for multiple purchase( you can issue a blanket release
against the BPA)

Planned purchase order user with same purchase order number
for multiple purchase( you can issue a scheduled release
against the planned purchase order)

Contract purchase order is contract to supplier but you can
issue standard purchase order to place the actual order.

Is This Answer Correct ?    6 Yes 1 No



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