2006-09-07 10:17:52 · 3 answers · asked by Brent O 1 in Business & Finance ➔ Corporations
Are you asking what a standing order is? If so let me give you an example.
A company needs 24 drums of a particular product, but they need only 1 drum per month. The company will send a purchase order to the supplier for the 24 drums but request a delivery of 1 drum per month. The supplier now has a standing order of 1 drum of the product for 24 month. It is sort of like a suppliers contract. Hope this helped!
2006-09-09 14:20:48 · answer #1 · answered by Coleen W 4 · 0⤊ 0⤋
There are a lot of standing orders, what kind are you talking about? A standing order means that the order has been made by someone and that means that the order stands to be used as needed. I own a repo company. At my company we have a standing order to turn in all drugs we find in the units we reop. Where the next company has a standing order to turn the same into the company owner.
2006-09-07 17:23:20 · answer #2 · answered by GoneByDawn 4 · 0⤊ 0⤋
to do what?
2006-09-07 17:22:35 · answer #3 · answered by Anonymous · 0⤊ 0⤋