Ms.Jones is the owner of a sawmill in British Columbia producing high end construction grade wood products.To facilitate and speed up the procurement process of raw logs, Ms.Jones decides to use a "blanket purchase order" to help facilitate this process - She is happy with both prices and delivery terms.What type of general business purchase has Ms.Jones most likely undertaken?

Question

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A blanket purchase order is a type of straight-rebuy purchase where a company agrees to buy a certain quantity of goods or services from a supplier over a specified period of time, usually at a discounted rate. Ms.Jones is already familiar with the supplier and has established a relationship with them, which indicates a straight-rebuy purchase.

MsJones Is the Owner of a Sawmill in British Columbia