Order Model 3B - Release
Against Blanket Purchase Order, Seller-Managed, Version 1.0
Status: Provisional Ratification by Committee April 2000. Created as part
of recast of original order models, Pre-2000 Version C (Balloted and Ratified by
Membership, November 1996), into Replenishment Scenarios.
In a supplier-managed inventory
process, the supplier calculates requirements and issues a release against
the buyer's blanket purchase order. Order Models are better understood in the context of replenishment.
The Replenishment Scenario Matrix shows how Forecast/Planning
and Order models interact to form Replenishment models.