What is a traveling requisition in the context of inventory management?

In the context of inventory management, a traveling requisition refers to a catalog of products that are held in stock by materials management. This catalog is essential for ensuring that inventory levels are maintained appropriately and that necessary items are available when needed. The traveling requisition typically contains detailed information about the products, such as quantities, descriptions, and part numbers, enabling inventory management systems to track and manage stock efficiently.

Having this catalog is crucial for various operational processes, including reordering items, fulfilling requests from different departments, and managing overall inventory levels. It facilitates better supply chain coordination and ensures that the right materials are available for use, thereby supporting the overall efficiency of laboratory operations. Maintaining an up-to-date traveling requisition helps prevent stockouts and overstock situations, which can disrupt lab activities and increase costs.