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whats consignment? and whats the procedure to do it?

Answer Posted / 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.

Is This Answer Correct ?    7 Yes 4 No



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