Consigned Inventory Agreements

Consigned inventory agreements exist between a supplier and their customer where the supplier agrees to supply a specific volume of inventory to the customer, based upon the expected demand. The customer does not pay for the inventory upon delivery, but only when the inventory is consumed (at the agreed-upon price).

When you establish a consigned inventory agreement with your customer, either you or your customer can assume the responsibilities of reporting consumption and creating replenishment suggestions. You can also collaborate with your customer to report consumption or create replenishment suggestions.