What action is taken when an item is received against a requisition?

When an item is received against a requisition, updating the requisition's status to reflect the receipt is the appropriate action. This step is essential for maintaining accurate records within the logistics and supply chain management processes.

Updating the requisition's status ensures that all stakeholders have current information about the order, confirming that the ordered item has been received and is now available for use. This action helps prevent discrepancies in inventory records and allows for better tracking of stock levels, thereby facilitating efficient supply management.

Additionally, reflecting the receipt in the requisition status is vital for subsequent processes, such as invoicing, payment, and any necessary follow-up actions if there were issues during the receipt, like damages or shortages. It also allows the organization to maintain accurate historical data for demand forecasting and future requisition planning.