What key information is required in a Purchase Requisition?

The key information required in a Purchase Requisition primarily includes item description, quantity required, and delivery date. This information is critical because it provides the necessary details for the procurement process. The item description ensures that the purchasing department knows exactly what is needed, avoiding any ambiguities. The quantity required specifies how much of the item is needed, which assists in inventory management and helps avoid over-ordering or stockouts. Including the delivery date is crucial as it sets expectations for when the items are needed, ensuring that operations run smoothly without delays.

While other options provide valuable information that can enhance the purchasing process, they are not essential elements of a Purchase Requisition. For example, though supplier contact information and payment terms are important for managing vendor relations, they can be determined later in the process once the requisition is approved. Similarly, budgetary constraints and department approval are necessary for overall procurement governance but are not specific details required on the Purchase Requisition itself.