We have set up consignment inventory with two separate part numbers with one being zero valuation and the other we sell / set at a valuation. We do an inventory at the end of each period to validate our net between the two separate part but same parts, and search out to determine what caused the delta. we bring the consignment inventory under the zero valuation part number and we ship out of the valuated part number. What are you doing to manage consignment items? What processes do you use.? What work around process have you introduced to help simplify the management of consigned inventory?
↧