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Reduce Risk with Blanket Purchase Orders
A blanket purchase order can help manufacturers keep operations lean and running smoothly by ensuring part availability and stable prices in an otherwise unstable environment. What is a blanket purchase order?A blanket purchase order (BPO) is a purchase order for a fixed amount over a specific period of time. Generally, buyers obtain approval for a blanket amount and continue using that purchase order until the amount is depleted or through the end of the blanket purchase agreement’s
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Feb 1st 2022