Inventory : Inventory Workflows: Consignment
Purpose
This document covers the workflow of setting up a Consignment Location within your warehouse, assigning an owner for Consignment goods, and how to view the information for these goods in the Inventory application of Odoo v16.
Getting Started
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 cookies 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.
This will bring us to a Update Quantity view, showing us the Consignment Warehouse Location we created for Consignment goods, who owns the product (if set on the Planned Transfer), 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..