Definition
Requisition: A requisition is a formal documented request within an organization that mandates another department or branch to perform a specific task or deliver certain resources. Typically seen as the first step in a procurement process, requisitions are essential in maintaining operational workflows and ensuring that resources are allocated correctly and efficiently. Common forms of requisitions include purchase requisitions for buying materials, materials requisitions for pulling inventory, and manufacturing requisitions linked to production orders.
Examples and Applications
- Purchase Requisition:
- A document sent from one department to the procurement team to request the purchase of goods or services.
- Materials Requisition:
- This form is used in manufacturing to request specific supplies from inventory for production purposes.
- Manufacturing Requisition:
- Often synonymous with a production order, this involves requesting the initiation or continuation of manufacturing processes.
Related Terms
- Production Order: A directive typically following a manufacturing requisition that officially initiates the production process.
- Inventory Management: The supervision and control of ordering, storing, and using a company’s inventory.
- Procurement Process: The entire sequence from requisitioning to purchasing goods and services required by an organization.
- Workflow Optimization: The analysis and improvement of business processes using different strategies and methodologies.
Suggested Reading
For those who are bewitched by the magic of efficient business processes and wish to dive deeper into the labyrinth of formal business requests and their management:
- “Essentials of Inventory Management” by Max Muller - Offering insights into how effective management of requisitions is key to inventory control.
- “The Procurement and Supply Manager’s Desk Reference” by Fred Sollish & John Semanik - This book covers broader concepts including requisition processes and extended procurement tactics.
This exposition on requisition unfolds the layers of internal protocols that subtly drive the gigantic wheels of industry. The next time a pile of requisitions crosses your desk, take a moment to marvel at the fine-tuned corporate symphony they play in the grand business opera. And remember, an unsigned requisition is much like a love letter never sent – full of intention but alas, no delivery!
