The item
One catalogue for both directions: what you sell and what you buy. A quote, a purchase request and the handoff to the books all read this same line, which is why the posting reference lives here rather than in three places.
What people already call it on the shop floor.
What the invoice will carry.
How long it takes to arrive or to make.
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Added by Anjali. The catalogue is what quotes, purchase requests and the posting reference all read.