A/An ____ is an open order, usually effective for 6 months to one year, covering routine purchases of an item or family of items. a. pending order b. completed order c. order acceptance d. outstanding order e. blanket purchase order

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The type of purchase order that is usually effective for a period of 6 months to one year, which covers routine purchases on an item is called: e. blanket purchase order

What is a Blanket Purchase Order (BPO)?

A blanket purchase order can be described as an agreement signed between a supplier and an organization, for a recurring good or service to be delivered at a set price over a period of as much as between 6 months to up to a year.

Benefits of Blanket Purchase Order (BPO)

  • Reduction of cost.
  • Increases purchasing power
  • Purchasing lead time is shortened
  • Improves Efficiency, among others.

Therefore, the type of purchase order that is usually effective for a period of 6 months to one year, which covers routine purchases on an item is called: e. blanket purchase order

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