What is meant by consignment stock?

Answer Posted / lakshmi potukuchi

Consignment stock is :- stock held by one party
(the "dealer") but legally owned by another
(the "manufacturer") on terms that give the dealer the
right to sell the stock in the normal course of its
business, and unsold stock will be returned to the legal
owner as per their agreement.

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the importance of the batch record?

607


What is split valuation?

700


Where do we define payment terms in po?

643


Can we check the material price in consignment po?

705


what kind of L2 & L3 tickets are in SAP MM. Explain with example. Any enhancement done by you in SAP MM?? please help me in providing some real time examples

1151






What are the features of sap erp?

652


What mrp procedures in consumption based planning?

675


What are the account assignment categories in a purchase order?

860


How many stock transport orders available in sap system. And how to configure stock transport orders?

663


Explain the 'purchasing group' concept in mm?

684


What are basic tables used for material master?

690


What is a blanket po? In which business scenario you will recommend to use blanket po?

691


What is negative stock? Under what business requirement yout will recommend negative stock activation?

714


Why are material master records used in sap?

649


Mention what is the transaction code used to extend the material view?

690