Purchase order vs planned order vs process order vs production order

[Former Member]

Hi,

Kinldy explain difference between the Purchase order, planned order, process order and production order?

Thanks & Regards

Ravi kumar

[Former Member · Accepted solution]

Hi Ravi,

In simple terms:

planned order - A procurement proposal generated by the system to meet a need, this can then be converted to a production / process order (for internal procurement) or into a purchase reqn & in-turn to Purchase order (for external procurement)

Purchase order - A firmed procurement proposal which is sent to your vendor (external procurement) to supply the items as per your order

process order - A firmed procurment proposal which is used for in-house procurement, this is used in process industries eg: chemicals, oil & gas etc

production order - A firmed procurment proposal which is used for in-house procurement, this is used in discrete production industries

Based on the above am quite sure you should be able to figure out the differenced. If any doubts revert.

Regards,

Vivek

[rama_shankar3 · Accepted solution]

Nice explanation Vivek - thanks!