Is there an auto procurement just like auto replenishment?

Hi

Is there a way to create a batch job which can create PR for items less than a MIN value - either for a fixed quantity or for the same quantity from the last purchase quantity?

As an example, Item01, last purchased qty was 100. The Min Value defined = 10 in Warehouse01. When the Batch Job runs, and SOH in Warehouse 01 is <10, it will create a PR of 100 from the approved vendor.

If this can only be achieved via customization, how close can i get to fulfilling this requirement without doing any customization.

Thanks in advance.