Search the Web

         Career Advice

Purchasing History
Purchase Systems
Purchase Procedure
Purchase Flow Chart
Source Selection
Public Procurements
Seasonal Commodities
Buying under uncertainty
Capital Equipments
Download Magazines
Creative Purchasing
Price Forecasting
DGS&D Rate Contract
Speculative Buying
Purchasing ethics
Purchase Timing
Make or Buy
Vendor Management
Legal aspects
Reverse Auction
Currency Converter
MM Magazine Downloads
Forward Buying
Tender Buying
Rate Contract
Reciprocity in buying
Zero Stock buying
Ask Questions

Interested in our updates?
Click here

We respect your privacy





Blanket Orders




Under the Blanket Order system an agreement is done between the buyer and the supplier to provide a required quantity of specified items, over a period of time, usually for one year, at an agreed price.

This system minimises the administrative expenses and is useful for 'C' class items for which rigid controls are not required.

Deliveries are made depending upon the buyer’s needs. The system relieves the buyer from routine work, giving him more time for focusing attention on high value items such as 'A' and part of 'B' class.


Blanket Order system requires fewer purchase orders and thus reduces clerical  work. It often achieves lower prices through quantity discounts by grouping the requirements. The supplier, under the system, maintains adequate inventory to meet the blanket orders, but he does not incur selling costs, once the negotiations are finalised. 


Sponsored Links Sponsored Links
Home Source Selection Vendor Management Buying under uncertainty Get FREE Magazines
Purchase System Price Forecasting MM Courses MM Home Capital Equipments
Imports Public buying Make or Buy Purchase Procedure Reverse Auction




[Sitemap] [About us] [Disclaimer] [Copyright] [Privacy Policy] [Link with us] [Contact us]