Consignment

Consignment Inventory

Consigned items are typically critical but unpredictable, associated with small orders or not stocked due to budget constraints and demand uncertainty. Our consignment inventory solution lowers cost, reduces transactional activity and allows for higher service levels by making products immediately available. Inventory is in the possession of the customer but owned by the supplier. The supplier agrees on replenishment and billing with the customer, completes onsite visits for count verification, and may manage the inventory.

 

Increases:

  • Service levels
  • Cash for the business

 

Reduces:

  • Inventory carrying costs
  • Cost of indirect materials
  • Transnational activities
  • Expedited freight costs

 

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