Answer Posted / yogesh agrawal
There are four kind of PO ,
1) STANDARD PURCHASE ORDER( SPO)
2) BLANKET PURCHASE AGREEMENT(BPA)
3) PLANNED PURCHASE ORDER(PPO)
4) CONTRACT PURCHASE AGREEMENT(CPA)
Standard PO can be prepared by catalogue quotations or
stand alone. Blanket release is followed after BPA.
Schedule release is followed up after PPO and SPO is
followed up after CPA
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