Talk:Blanket order

Latest comment: 3 years ago by UBJ 43X in topic Meaning of expression "call off"

That last sentence is a joke, right? Blanket orders of blankets?

Jeee, we in Russia don't even have this definition. Can't figure out how to translate some lines in a contract... — Preceding unsigned comment added by 95.66.130.229 (talk) 12:07, 24 December 2014 (UTC)Reply

Meaning of expression "call off" edit

It took me a long time to work out that in the expression "call-off order", to "call off" means to make an individual order under the call-off order; and hence "a call off" is an individual order under the call-off order. This is not obvious from the term "call-off order", as one might easily think "call-off" itself referred to the over-arching agreement. It does not. It means there is an over-arching agreement that does not contain any actual orders for actual supplies; and subseuquently the customer can quickly call off supplies, i.e. make actual purchase orders. The over-arching agreement has various names: "blanket order", "blanket purchase agreement", "call-off order". At least, that is my understanding. In fact, the over-arching agreement probably ought not to be called an order, since it is merely an agreement about future prices for a specified period in the event that orders are placed. UBJ 43X (talk) 12:25, 29 June 2020 (UTC)Reply