Answer / rakesh

Consignment is an agreement between the consignor(company)
and the consignee(customer), that the consignor will send
goods to the consignee and the consignee will pay only
after selling or consuming the goods. The goods which are
not consumed will be taken back by the consignor.

Steps involved:
Consignment fill up
Consignment issue
Consignment returns
Consignment pick up.

Answer / us

Sorry Rakesh, Consignment is an agreement between the
consignor(company) the consignee(Agent)and not a customer.
Steps invloved -
1)Consignment Fill-up - The Company send material to the
Agent.Ownership of the material remains with company.
2)Consignment Issue - Agent sells the material to the
customer.
3)Consignment Pick-Up - If material is not been sold by
agent then the Company takes the material back from agent.
4)Consignment Retun - Customer sends damaged material back
to agent, and agent sends it to company.

Answer / manoj kumar guin

CONSIGNMENT is the business process where the business
appoints consignment agent on behalf of
business .Consignment agents sells the materials to the end
customer (may be on commission basis).Consignment agent
services the material and he sells the material to the end
customer .Consignment agent has the right to return the
materials if he does not want to sell the remainning
goods . Business treats the cosignment stock as a special
stock (indicated in item category ).WE can map the process
in 4 phases ;such as -
1 .Consignment fill-up
2 .Consignment Issue
3 .Consignment return
4 .Consignment pick-up

Answer / vijaydahiwal

All are right i ll just add some more info

cons fillup-CF-movmnt type-631 scedule line cat e0/e1 item
cat KBN

consi issue-CI-movemnt type 633 schdule line cat c0/c1 Item
cat KEN

consi pick up-CP-movement type 632 sch line cat f0/f1 item
cat KAN

consign return-CONR movmnt type 634 sch line cat d0/d1 item
cat KRN

plz correct if i am wrong

Answer / subrahmanyam

consignment is the process of dump the goods into the
customers locati like c&f agent and company godown.
eventhough the goods are dumped into customers location the
goods are owned by the organisation. its a recommended
practice for domestic sales.
Consignment fillup(CF)
Consignment issue(CI)
consignment pickup(CP)
consignment return(CR)
we used the movement types like 631,633,632,634.

Answer / vikram

Us, I disagree with you.

Sorry Rakesh, I accidentally marked your answer as wrong. I
think what you are saying is right. Consignment process is
an agreement between the company and the customer or
consignor and the consignee. If there is an agent in
between, then he is more likely called an intermediate
consignee. What I know is the intermediate consignee then
becomes the ship-to to the company selling/sending the
goods requested by the customer.

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