Stores requisition definition

What is a Stores Requisition?

A stores requisition is a form that a user fills out when removing parts from storage. The form is used by the organization's cost accounting system to charge the cost of the parts to a job, as well as to track inventory levels. When inventory is being sent to a department, the form is the basis for a charge to that department, and so is considered a source document of the accounting system.

The information included in the form includes these items;

Requisition number . This is a unique number that identifies each stores requisition form. It is useful for tracking whether any forms have been lost.
Requisition date . This is the date on which the user requested the inventory item. It is used to track the performance of the warehouse department in picking items from stock.
Requesting department . This field identifies the department to be charged for the cost of the items being pulled from stock.
Item description . This field may be quite large, to accommodate either a part number or a full description of the item needed.
Unit quantity requested . This field is used to state both the quantity needed and the unit of measure.
Approval signature . This field contains the signature of the manager who has approved the requisition.

A stores requisition is used in a manual materials handling process. In a computerized system, a bar code scanner is typically used to automatically load most of this information into a database.