Exploring the Supplier Consignment (2LG) Scenario

Consignment means that a supplier provides you with material that is stored on your premises but is still the property of the supplier. A liability to the supplier does not arise until you withdraw material from consignment stock. The quantity consumed or withdrawn is settled with the supplier according to agreed periods.

The process includes the following steps:

Watch the interactive demo to learn how to create a purchasing info record for consignment.

Watch the interactive demo to learn how to create a consignment purchase requisition via MRP and convert it into a consignment purchase order.

Watch the interactive demo to learn how to post a goods receipt to consignment stock.

View the interaction to learn more about the supplier consignment stock.

Watch the interactive demo to learn how to display consignment stock.

Watch the interactive demo to learn how to post a transfer from consignment stock to your own stock.

Watch the interactive demo to learn how to post a goods issue from consignment stock.

Watch the interactive demo to learn how to settle consignment withdrawals.