Which of the following describes a traveling requisition?

A traveling requisition is best described as an older technique for ordering commonly ordered non-stock items. This process typically involves the creation of a requisition that can be used across multiple departments or locations within an organization, allowing for efficient ordering of items that do not have a dedicated stock. Since these items are frequently purchased but not held in inventory, the traveling requisition system provides a practical way to streamline the procurement process without needing to establish inventory for each item.

In this context, the conception of a traveling requisition illustrates a systematic approach to utilizing recurring orders for non-stock items, ensuring that departments can access the necessary materials without delays associated with restocking or inventory management. Understanding this concept is critical for efficient resource management, as it facilitates quicker response times in acquiring essential supplies that may be needed on a recurring basis.