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What Is PO Fit and Why Is It Important to Employers

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What is PO fit and why is it important to employers?


Definitions:

Merchant

A person or company involved in wholesale or retail trade, especially one dealing with tangible goods.

Written Offer

A formal proposal or bid presented in written form, detailing the terms under which the writer is willing to engage in a contract or agreement.

Requirements Contract

A contract in which the seller agrees to supply all of the buyer's needs for a particular good or service over a specified period.

Output Contract

An agreement in which a seller agrees to sell all of its production to a single buyer, typically used to ensure a steady market for the seller's product.

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