A purchase order is a legally binding document between a supplier and a buyer. It details the items the buyer agrees to purchase at a certain price point. Purchase order computer systems have made the purchasing process more efficient and allow for better inventory and payment tracking.
Hereof, what does customer PO mean?
A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and services from external suppliers.
What is the PO number?
Purchase Order Number. A Purchase Order (PO) is a document generated by the buyer in order to authorize a purchase transaction. A PO Number uniquely identifies a purchase order and is generally defined by the buyer. The buyer will match the PO number in the invoice to the Purchase Order.
What is the order number for?
Purchase Order Numbers. The purchase order number is the key reference number for Union Pacific. It ties together all paperwork and communications about a purchase, including payment. Consequently, Union Pacific requests that the purchase order number be clearly shown on all: Invoices.