When is the abbreviation BZ used in the requisition process?

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The abbreviation BZ, which stands for "Buy-In" or "Buy-Back," is utilized in the requisition process particularly in the context of contracted requisition processing. When items are acquired through a contract, the requisition may be marked with BZ to indicate that the items are being procured under a contract rather than through standard procurement practices. This helps supply personnel and stakeholders identify requisitions that involve detailed contractual agreements, ensuring that there is an awareness of the procurement method being used.

This designation is crucial for tracking and managing the overall requisition process, as contracted orders often involve different protocols, timelines, and possibly financial arrangements compared to direct purchases or standard requisitions. It helps maintain a clear record of how the items are being sourced and the agreements that govern their procurement.