Purchasing and Receiving Consigned Inventory

You can track consigned inventory purchases from vendors and item receipts in your location. You can create or generate orders for consigned items through the following transactions or forms:

• Purchase contracts - See Creating Purchase Contracts for Consigned Inventory.

• Order item - See Creating Bulk Orders for Consigned Inventory.

• Purchase orders - Creating Purchase Orders for Consigned Items.

When consigned and non-consigned orders arrive at your location, you can track received quantities on item receipts. The receiving process includes sold items that have been returned by your customers. See Receiving Consigned Inventory.

After you receive consigned items, you can further process those for return or those that have been consumed or sold. See the following topics:

• Returning Consigned Inventory to Vendors

• Generating Vendor Bills for Consigned Inventory

Note:

If you can't find or select your vendor consigned items on these transactions, be sure that you have set them up properly. To set up items, see Setting Up Consigned Inventory per Item.

Limitations on Purchasing and Receiving Consigned Items

Note the following limitations for purchasing or receiving vendor consigned inventory:

• Blanket purchase orders, Inbound shipments, and vendor prepayment are not supported. These transactions may include only non-consigned quantities and amounts from associated purchase orders.

• Actual and estimated landed cost can't be set up and allocated for vendor consigned items.

• Consigned inventory can't be added to standalone vendor return authorizations, standalone vendor bills, and standalone vendor credits.

• The Bill in Advance of Receipt preference does not apply to consigned items.

• Auto-generated purchase orders for special orders, drop shipments, and purchase requisitions are not supported.

General Notices