Blanket purchase
Posted: Tue Aug 07, 2007 2:32 am
Blanket purchase agreement. Can anyone elucidate on this. Thanks.
Hai Friend,
You can create blanket purchase agreements when you know the detail of the goods or services you plan to buy from a specific supplier in a period,but you do not yet know the detail of your delivery schedules.You can use blanket purchase agreements to specify negotiated prices for your items before actually purchasing them.