A blanket order is a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship.

Question

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A blanket order is a commitment to purchase a certain quantity of goods from a supplier over a specified period, with delivery scheduled as required. Short-term releases are then made against the blanket order to request shipment of specific quantities of the goods.

A Blanket Order Is a Long-Term Purchase Commitment to a Supplier