What is consignment fill-up in SAP SD - Sales and Distribution?

SAP Term: consignment fill-up

• Component: SD

• Component Name: Sales and Distribution

• Description: A sales document that is used to supplement the consignment stock.

Smart SAP Assistant

• Key Concepts: 
  Consignment fill-up is a process in SAP Sales and Distribution (SD) that allows customers to order goods from a vendor without having to pay for them upfront. The vendor will deliver the goods to the customer's premises and store them in a designated area. The customer can then take the goods as needed and pay for them at a later date. This process is beneficial for both parties as it eliminates the need for upfront payment and allows the customer to have access to goods when they need them. 
  
  How to use it: 
  In order to use consignment fill-up, the customer must first create a consignment agreement with the vendor. This agreement will outline the terms of the arrangement, such as the type of goods that can be stored, how long they can be stored, and when payment is due. Once the agreement is in place, the vendor will deliver the goods to the customer's premises and store them in a designated area. The customer can then take the goods as needed and pay for them at a later date. 
  
  Tips & Tricks: 
  When creating a consignment agreement, it is important to ensure that all terms are clearly outlined and agreed upon by both parties. Additionally, it is important to ensure that all goods are properly labeled and stored in an organized manner so that they can be easily accessed when needed. 
  
  Related Information: 
  Consignment fill-up is similar to consignment stock, which is another process in SAP SD that allows customers to order goods from a vendor without having to pay for them upfront. However, with consignment stock, the vendor retains ownership of the goods until they are sold or returned.