Mike another thought, thanks Bob
----- Original Message -----
From: "Mike Lowe" <MLowe@...>
To: <vantage@yahoogroups.com>
Sent: Tuesday, September 16, 2003 4:34 PM
Subject: RE: [Vantage] consignment stock
> Extremely common in Asia and becoming more so in the States. At least you
have enough juice to demand when the product is invoiced. For us, we are
not able to invoice until the parts are consumed.
>
> How we handle this is to create a separate warehouse. When it's time to
replenish stock we do a misc. shipment to get the parts out of the building.
We then do a stk-stk transfer to the 'customer' warehouse. While the parts
do show as onhand we have visibility in part tracker by warehouse as to
where the parts physically exist. Also through stock status by warehouse.
>
> We are notified that the parts have been consumed via a customers web site
at which point we generate a delivery order for those parts to the customer.
This DO is just used as the trigger for Invoice Entry.
>
> Mike Lowe
> Connor Manufacturing Services
>
> -----Original Message-----
> From: Robert Christian [mailto:bobc@...]
> Sent: Tuesday, September 16, 2003 1:19 PM
> To: vantage@yahoogroups.com
> Subject: [Vantage] consignment stock
>
>
> We have two companies that require us to send them stock on consignment. I
insist that they be invoiced at shipping even
> though they may not use that stock right away. The planners then must rely
on spreadsheets to know when to replenish this stock. Is anyone out in
Vantageland contending with this problem and how do you handle it? Thanks
Bob Christian
> Gasser & Sons inc.
>
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