A. Lower administrative costs. A blanket purchase order is an agreement between a buyer and a supplier that covers the purchase of multiple goods or services over a period of time. Unlike a standard purchase order, a blanket purchase order does not require a separate purchase order for each individual item or service. This results in lower administrative costs as there is less paperwork and fewer transactions involved in the purchasing process.
A blanket purchase order is an agreement between an organization and a supplier to deliver goods or services at a predetermined price, over a specified time period, usually with a set maximum quantity.
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