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Consigned Inventory Flow
1) Blanket established for Consignment pricing
2) Approved Supplier List Attributes
Sourcing Tab: Type= Blanket
Number= Blanket PO
Line = Blanket line number.
Inventory Tab: Consignment checkbox checked
Billing Cycle days = 0
3) Setup/Transactions/Consigned/VMI Consumption (not required)
Consigned is checked
Transaction Type = Sub-Inventory Transfer
Organization= V1
Owning Party = Parag/HYDERABAD
From Subinventory = Al-store
To Subinventory = Stores
4) Create Consign Standard Purchase Order
created a standard po# 10508
Item = Cons
Vendor = Parag
Vendor site = HYDERABAD
Ship to organization = V1
Quantity = 10
Consigned_Flag on po.po_line_locations_all set to Y
Closed_code = ‘CLOSED FOR INVOICING’
created a standard po# 10509
Item = Cons
Vendor = Parag
Vendor site = HYDERABAD
Ship to organization = V1
Quantity = 15
Consigned_Flag on po.po_line_locations_all set to Y
Closed_code = ‘CLOSED FOR INVOICING’
5) Receiving Standard Purchase Order:
Receive and deliver the po# 10508 with quantity = 10
Subinventory = AL-store
Receipt# 8063
Receive and deliver the po# 10509 with quantity = 15
Subinventory = AL-store
Receipt# 8064
6) Check Onhand Availability:
/OnHand, Availability form
Subinventory = AL-store
Item = Cons
click Find
it shows Owning Party = Parag-HYDERABAD (supplier) with quantity = 25
(includes both standard Purchase Orders)
7) Transfer to Regular:
Transactions/Consigned Transactions
Enter:
Transfer to Regular
Item = Cons
Subinventory = Al-Store
Quantity = 25
Reference = '10508 and 10509'
save it.
I can choose less qty and also more qty against multiple standard POs.
I can also use desc FF to assign the PO number which might be used
to link the standard PO number with Consumption Advice.
8) Create Consumption Advice:
Report/Transactions
Choose Create Consumption Advice
parameters:
Supplier = Parag
Supplier Site = HYDERABAD
Item = Cons
Organization = V1
There is no parameter to choose standard PO number.
CONSUMPTION_RELEASE_ID = 43096 is created.
only one release is created against two standard POs.
It means Standard Purchase Order and consumption release is not one to one
relation

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Consignment

  • 1. Consigned Inventory Flow 1) Blanket established for Consignment pricing
  • 2. 2) Approved Supplier List Attributes Sourcing Tab: Type= Blanket Number= Blanket PO Line = Blanket line number. Inventory Tab: Consignment checkbox checked Billing Cycle days = 0
  • 3.
  • 4. 3) Setup/Transactions/Consigned/VMI Consumption (not required) Consigned is checked Transaction Type = Sub-Inventory Transfer Organization= V1 Owning Party = Parag/HYDERABAD From Subinventory = Al-store To Subinventory = Stores
  • 5. 4) Create Consign Standard Purchase Order created a standard po# 10508 Item = Cons Vendor = Parag Vendor site = HYDERABAD Ship to organization = V1 Quantity = 10 Consigned_Flag on po.po_line_locations_all set to Y Closed_code = ‘CLOSED FOR INVOICING’ created a standard po# 10509 Item = Cons Vendor = Parag Vendor site = HYDERABAD Ship to organization = V1 Quantity = 15 Consigned_Flag on po.po_line_locations_all set to Y Closed_code = ‘CLOSED FOR INVOICING’
  • 6. 5) Receiving Standard Purchase Order: Receive and deliver the po# 10508 with quantity = 10 Subinventory = AL-store Receipt# 8063 Receive and deliver the po# 10509 with quantity = 15 Subinventory = AL-store Receipt# 8064 6) Check Onhand Availability: /OnHand, Availability form Subinventory = AL-store Item = Cons click Find it shows Owning Party = Parag-HYDERABAD (supplier) with quantity = 25 (includes both standard Purchase Orders)
  • 7. 7) Transfer to Regular: Transactions/Consigned Transactions Enter: Transfer to Regular Item = Cons Subinventory = Al-Store Quantity = 25 Reference = '10508 and 10509' save it.
  • 8. I can choose less qty and also more qty against multiple standard POs. I can also use desc FF to assign the PO number which might be used to link the standard PO number with Consumption Advice. 8) Create Consumption Advice: Report/Transactions Choose Create Consumption Advice parameters: Supplier = Parag Supplier Site = HYDERABAD Item = Cons Organization = V1
  • 9. There is no parameter to choose standard PO number. CONSUMPTION_RELEASE_ID = 43096 is created. only one release is created against two standard POs. It means Standard Purchase Order and consumption release is not one to one relation