Purchase Order Fundamentals looks at the components of a purchase order and how they can be used in business. This unique course provides the learner the ability to understand exactly how purchase orders are used in transactions and what to do in specific situations with different requirements that a purchase order may contain. The learner will be able to understand the difference between different examples of purchase orders in specific areas and how to work with international and blanket purchase orders. THORS’ interactive learning method for this course is sure to help a learner understand and grasp these concepts.
Learning Objectives
- Identify the different sections of a purchase order.
- Understand the terminology and its relation on a purchase order.
- Recognize what to do when working with different styles of purchase orders.
- How to work with international purchase orders.
- How to work with blanket purchase orders.
Course Length: 3 HRS
Table of Contents
Overview
- Purchase Order Structure
Quality and Compliance
- Number of Containers
- Weight
- Currency
- Certifications
- Inspection Requirements
- Inspection Reports
- Customer, Statutory, and Regulatory Requirements
- RoHS Compliant
- Environmental or Shelf Life Condition
- Counterfeit Parts
- Obligation to Notify
- Supplier Manual
Basic Terminology
- Contact Information
- PO Number
- Promise Date
- PO Date
- Ship to Address
- Quantity
- Description
- Acknowledgement
International Customers
- Tariff Code
- Product Origin
- Customs Duty
Additional Terminology
- Remit to Address
- Revision Level
- Inventory Requirements
- Quotation
- Lot Traceability
- Terms and Conditions
- Right of Entry
- Payment Terms
- Packaging Requirements
- Incoterms®
Blanket Purchase Orders
- Release Dates