What type of information is primarily utilized in the purchase requisition process?

The purchase requisition process primarily utilizes information regarding the quantity required. This is essential because the quantity directly impacts how much of a product or service an organization needs to fulfill its operations. When a department identifies a need for goods or services, they must specify the amount needed to ensure that the procurement team can initiate the purchasing process based on accurate requirements. This quantification helps in maintaining inventory levels, budget considerations, and ensuring that operational needs are met without over-ordering or under-ordering.

While information such as supplier reliability reports, market analysis, and end-user budget forecasts may play important roles in the broader procurement process, they are not the primary focus of the purchase requisition itself. The requisition is a straightforward request that emphasizes what is needed in terms of quantity, ensuring that the ensuing steps in the acquisition process are based on reliable and specific requirements.