What is a PO?
The PO is a binding request to a vendor to perform certain services in accordance with specified terms and conditions.
- A supplier will not be able to begin work without a PO from the Railroad (this rule does not apply to emergency situations)
- A supplier will not be able to invoice the Railroad without a PO
- A purchase order is a Supply Chain Dept-generated document that authorizes a purchase transaction. Purchase orders identify both the buyer and the seller and are binding contracts for both parties. They set forth details such as descriptions, quantities, prices, discounts, performance or shipping dates, and other associated terms and conditions.