ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The process of making items available to employees; a synonym for issuing.
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specification
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storage
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requisitioning
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physical inventory
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Explanation:
Detailed explanation-1: -The purchase requisition process is initiated when a company needs to make a purchase. The buyer will submit a purchase request for a specific good or service and once the purchase request is approved, a purchase order is sent to the selected supplier (seller) to be fulfilled.
Detailed explanation-2: -Description. A material requisition, also known as a materials requisition form, or a material request, is a document used by the production department to request materials they need to complete a manufacturing process.
Detailed explanation-3: -This form is sometimes referred to as a purchase request, PR, or purchase request form.
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