Consignment, in general sense, is the act of storing materials at some other premises but holding the ownership of the materials, until the materials are sold or shifted anywhere else. The materials that are stored are known as consignment stock in the SAP system. Therefore, the stock that is stored at the customer's premises but considered as the supplier's property until the stock is not transferred to the customer's stock list is called the consignment stock.
The main features of the consignment stock are as follows:
=> You can combine the consignment stock with your available stock at any point of time.
=> You can evaluate the consignment stock in any currency.
=> The price of the consignment stock is of fluctuating nature. This implies that you can determine the price of the consignment according to the market conditions.
=> You can price the consignment stock in any unit.
=> You can use different features of Purchasing, such as discounts in the consignment stock.
=> The consignment stock is evaluated at the price quoted by different vendors.
The main features of the consignment stock are as follows:
=> You can combine the consignment stock with your available stock at any point of time.
=> You can evaluate the consignment stock in any currency.
=> The price of the consignment stock is of fluctuating nature. This implies that you can determine the price of the consignment according to the market conditions.
=> You can price the consignment stock in any unit.
=> You can use different features of Purchasing, such as discounts in the consignment stock.
=> The consignment stock is evaluated at the price quoted by different vendors.
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