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Topic: consignment inventory

The Ins and Outs of Consignment Sales

Consignment sales entail a trade agreement between manufacturers and retailers whereby the retailer is only obliged to pay the seller if the goods in question sell. This offers the seller a way to get manufacturing inventory some exposure to the buying market, and also protects retailers from risk. In this article, we outline what consignment [&hel ... Read More

  January 6, 2018     

All About Consignment Sales

Consignment sales are a very interesting approach to selling products. Like any sales strategy there are always advantages and disadvantages to any approach. Consignment is effectively when a supplier stocks their goods in another retail store or outlet. The catch is that the store or outlet has not yet purchased the inventory. In the consignment [ ... Read More

  December 7, 2017     

To Consign or Not To Consign?

Unless you’re in the transportation business, you usually own the inventory in your possession. Not so when you hold consignment inventory. Inventory that is on consignment refers to stock that a business has in its possession, but which it does not legally own. When a business holds stock on consignment, the supplier (and owner) of […] ... Read More

  December 1, 2017     

When is Stock Considered Inventory?

For many businesses, inventory is one of the largest items on the balance sheet, so it is important to understand what constitutes inventory. In essence, inventory refers to the stock that a business has on hand – whether that stock is raw materials or a finished product. A more nuanced understanding can be difficult – […] ... Read More

  May 13, 2017     

Consignment Inventory – How It Works

Essentially, consignment inventory is when the supplier has their goods in another retail store or outlet. This can be a profitable business endeavour! ... Read More

  April 24, 2017     

How does consignment inventory work?

Consignment inventory is a useful arrangement that allows a supplier and a retailer to create a “win-win” scenario through the sharing of risk. ... Read More

  March 21, 2017     

Consignment inventory explained

Whether you're a supplier looking to get your products into retail or a retailer seeking product variety, there are benefits to consignment arrangements. ... Read More

  December 1, 2016     

Sharing Inventory Risks: An Introduction to Consignment Stock

Consignment inventory is stock that is in the retailer’s possession, but is still legally owned by the supplier. It occurs where the supplier has placed some products in the retailer’s control and allows them to sell or use the goods directly from their stock. Only once the product has been consumed or resold by the retailer is the i ... Read More

  June 15, 2015