Consignment inventory is inventory that’s owned by a vendor but stored at your site. When you’re ready to consume or use the inventory, you take over the ownership of the inventory.

This topic includes information about how to physically receive vendor-owned inventory on-hand without creating general ledger transactions, how to start a production process where the vendor-owned inventory can be physically reserved and how to change the ownership of the raw material to be able to process the consumption as part of the production order processing. There’s also some information about how vendors can monitor consumption of their inventory using the vendor collaboration interface.

1. Setting up the configuration for vendor consignment.
2. Understanding and implementing the end-to-end process.
3. Exploring the various methods of monitoring and tracking consignment inventory using the vendor collaboration portal.

That’s it, Thank you !!! Keep learning and sharing !!!