An instruction issued to a supplier for
goods to be delivered or services to be
provided to a given place at a given price.
Order Bill of Lading
A negotiable bill of lading
between carrier and consignor by which legal
possession of the shipment may be ordered
by endorsement from person to person; this
enables a shipper to collect for a shipment
before it reaches its destination. Is sometimes
used by shippers to consign shipments to
themselves so that delivery is made only upon
the shipper’s order. See also: Bill of Lading.
A document sent from the
supplier to the buyer verifying details of the
original purchase order. Also known as an
The level of stock of any item when
an order is initiated for more of that item.
The process of retrieving items
from an inventory to fulfill customer orders.
The predetermined standard
order size that is placed with the supplier to
A central record of orders issued.
The cost associated with issuing a
purchase order or placing an order.
A law passed by a local government.
See also: Bylaw.
A business or group of people that
operate within an administrative and