Here are the descriptions and explanations for the dates in a purchase order and how they can be used:
Requested Ship Date: This is the date by which the buyer requests the vendor to ship the goods. It helps in planning the shipment and ensuring that the goods are dispatched on time to meet the buyer's requirements.
Requested Receipt Date: This is the date by which the buyer requests to receive the goods at their location. It is used to ensure that the goods arrive on time for the buyer's needs and helps in planning inventory and production schedules.
Confirmed Ship Date: This is the date when the vendor has confirmed that they will ship the order from their location. It helps in tracking the shipment and ensuring that the vendor meets the agreed shipping schedule.
Confirmed Receipt Date: This is the date when the vendor has confirmed that the order will be received at the buyer's location. It is used to verify that the delivery will meet the buyer's requirements and helps in planning for the arrival of goods.
These dates help track and compare the planned versus actual delivery performance. The Requested Ship Date and Requested Receipt Date represent the dates by which the user expects the items to be shipped and received, respectively. The Confirmed Ship Date and Confirmed Receipt Date are the dates confirmed by the supplier for shipping and receiving the items. By comparing these dates, the OTD Report can determine if the supplier met the expected delivery timelines.
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