Blanket Order with or without Contract
In the Purchasing, we have Blanket Purchase Order(Frame work order).
As we knew that Blanket order has validity Start and End dates. We are in the confusion that do we need Contract? to place PO.
Please clarify me,Since Blanket order has Validity period.Is it really necessary to have Contract with Blanket order?.
Priyanka Paltanwale replied
If explaining in the simple words, then we know the use of the document type FO along with the enable the functionality of the value limits and the time period in the document...then it may in the contract or may be directly in the PO...
So, you we can understand that we can directly make a Purchase order directly for the blanket req....
If req. to have any internal doc. for the reference then you can create a contract which you can refer while making a PO...
Hope it helps..