Inventory : Inventory Workflows: Consignment

Once there, go to Configuration > Settings. Scroll down to Traceability and enable Consignment. Click Save when ready. 

Next, go to Configuration > Locations. We will name our location "Consignment", and list the Parent Warehouse as WH/Stock.  When ready, click Save. 

Next, we will go to Overview, then click the vertical ellipsis  icon on Receipts for any location, create a Planned Transfer, and see how this works!

Here, we will set our Destination Location as the Consignment area we created. We will also Assign Owner, which tells us who the product belongs to, and lastly, we will add a product. Here we have 5 Batarangs being sent to us on consignment. Click Save once finished.

We will then click Mark As To Do.

Then click the   icon. 

A modal window will pop up allowing us to record our done quantities. Entering the quantity on the line (across from WH/Stock/Consignment in the image below) will populate the Quantity Done field underneath Product and Demand. Once you have entered the done quantity, click confirm. 

You will now see the done quantity on the transfer line. Click Validate. This will complete the transfer and will now be in a Done state. 

Next, go to PRODUCTS > PRODUCTS, select our Batarangs, then click the  On Hand smart button.

This will bring us to a Product Overview showing us the Consignment Warehouse Location we created for Consignment goods, who Owns the product, and how many we have On Hand. Products kept in a consignment location will have no value as it still belongs to the vendor or owner and will not be added to our own inventory valuation numbers..