What is consignment stock at customer in SAP MM-IM - Inventory Management?

SAP Term: consignment stock at customer

• Component: MM-IM

• Component Name: Inventory Management

• Description: The stock made available to a customer that is stored on the customer's premises but remains the supplying entity's property until withdrawn from the stores by the customer for use or transferred to the customer's own stock.

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• Key Concepts: 
  Consignment stock at customer is a type of inventory management in SAP Materials Management (MM) and Inventory Management (IM). It is a process where a vendor sends goods to a customer on consignment, meaning that the customer does not pay for the goods until they are used or sold. The vendor retains ownership of the goods until they are used or sold. 
  
  How to use it: 
  In SAP, consignment stock at customer is managed using the Consignment Fill-Up process. This process involves creating a consignment fill-up order, which is an order from the vendor to the customer for goods to be sent on consignment. The customer then receives the goods and stores them in their own warehouse. The customer can then use or sell the goods as needed. 
  
  Tips & Tricks: 
  When creating a consignment fill-up order, it is important to ensure that all relevant information is included, such as the quantity of goods being sent, the price of the goods, and any special instructions. Additionally, it is important to keep track of all consignment fill-up orders and ensure that they are updated regularly. 
  
  Related Information: 
  For more information on consignment stock at customer in SAP MM-IM, please refer to SAP Help Portal (https://help.sap.com/viewer/product/SAP_ERP_6.0_EHP7/6.07/en-US). Additionally, there are many online resources available that provide detailed information on how to use this feature in SAP MM-IM.