Rewards of Proactive Purchasing with Blanket POs

How many times have you heard someone say that they take a proactive approach to their job? Well in the field of purchasing there’s nothing more forward-thinking than placing a blanket purchase order. In fact placing a blanket order with a vendor you trust can be an extremely intelligent business decision. And when we’re talking about blanket POs for discontinued components, the advantages are numerous.

  • Guarantee availability of end-of-life components
  • Delay or avoid costly product or system redesigns
  • Inflation hedge via fixed pricing and terms for set time period
  • Ensure predictable delivery schedules
  • Facilitate just-in-time inventory programs
  • Enable service of legacy components
  • Meet your commitment to your customers

In addition, placing a blanket order simplifies and standardizes the purchase process, freeing up staff to focus on more important tasks and eliminating the potential for most errors.

In addition, placing a blanket order simplifies and standardizes the purchase process, freeing up staff to focus on more important tasks and eliminating the potential for most errors.

So the next time you need a component ask yourself: does my company have an ongoing need for this part? If the answer is yes, and especially if it’s a part that may be hard to find now or in the near future, consider discussing whether placing a blanket PO makes sense for your company with your trusted supplier. 

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