Difference between Procurement, Purchase Orders, and Requisitions

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Difference between Procurement, Purchase Orders, and Requisitions

To people outside the procurement industry, terms like Procurement, Purchase Orders, Requisitions, and the like might all sound like the same side of a very business-like coin. But there are important differences between all three.

Sure, they all play an important part in the business supply chain, and they sound impressive when strung together properly in a sentence — “Hey, Barry, did you write up a purchase order for the hula hoops requisitioned for procurement by human resources?”

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