What is consignment order status in SAP IS-M-SD - Media Sales and Distribution?

SAP Term: consignment order status

• Component: IS-M-SD

• Component Name: Media Sales and Distribution

• Description: An indicator that shows the generation status of a consignment issue order.

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• Key Concepts: 
  A consignment order status is a type of order status in SAP IS-M-SD Media Sales and Distribution. It is used to track the status of a consignment order, which is an agreement between a supplier and a customer to store goods at the customer's premises. The supplier retains ownership of the goods until they are sold to the customer. 
  
  How to use it: 
  The consignment order status is used to track the progress of the consignment order. It can be used to monitor the delivery of goods, payment for goods, and any other changes in the status of the order. The status can be changed manually or automatically depending on the settings in SAP IS-M-SD Media Sales and Distribution. 
  
  Tips & Tricks: 
  It is important to keep track of the consignment order status in order to ensure that all goods are delivered on time and that payments are made promptly. It is also important to ensure that any changes in the status are recorded accurately so that there are no discrepancies between the supplier and customer. 
  
  Related Information: 
  The consignment order status is related to other SAP IS-M-SD Media Sales and Distribution features such as delivery scheduling, payment terms, and pricing. It is also related to other SAP modules such as Materials Management (MM) and Financial Accounting (FI).