Consignment stock in SAP Business One
Consignment stock refers to a special form of Warehousingwhere goods are delivered from a Delivery in the customer's warehouse be stored. The Property of the goods, however, remains with the Deliveryuntil the goods are delivered by the customer sold or consumed become. In SAP Business One the consignment stock is recognised as Own stock type managed and administered.
1. ownership structure
- The stored articles remain Property of the supplieruntil they are removed by the customer.
- The customer only pays when he actually receives the goods. used or Sold.
2. inventory management and administration
- The consignment stock is recognised in a Consignment store which is managed as separate warehouse in SAP Business One is created.
- Despite the special Ownership structure the consignment stock is recognised in the system as part of the Inventory of the customer led.
3. portfolio transactions and transfer of ownership
- Portfolio transaction: the Transfer of ownership is made when the customer takes goods from the consignment warehouse extracts.
- After removal, the supplier shall return the removed items to the on account.
4. advantages of the consignment stock
For the customer
- No advance payment: The customer only has to pay for the goods when he needs them.
- Reduction of storage costs: Less capital tied up and higher Liquidity.
For the supplier
- Proximity to the customer: The goods are already with the customer, which means that the Delivery times be shortened.
- Sales promotion: The availability of the goods at the customer's Increase sales.
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