Oracle Consigned Inventory

In the Oracle Consigned Inventory, suppliers are going to keep the stock in company's premises, whenever we required for production or distribution we transfer the material from consigned to our regular store i.e. inventory. At the end of the day or week, we generate Consigned Advice Report, which provide the details in report format for how much stock we used from consigned inventory and interface this data to Payables to generate the invoices automatically to process the payments. Please follow the below steps to complete consigned inventory.
Create Item in the Item Master and check the Consigned check box at General planning tab.

MCR INV > Items > Master Items

Define Approval Supplier List for Consigned Inventory item MI-Cons01

Navigate to MCR PO > Supply Base > Approve Supplier List

Create BPA for MI-Cons01

Navigation: Purchase Orders > Purchase Orders

Assign BPA to ASL: 

Navigation: MCR PO > Supply Base > Approve Supplier List > Query for MI-Cons01 > Attributes

In inventory Tab, enable below check box.

Note: Though we specified release method Auto Release, we can’t create releases for consigned inventory.

Define Sourcing Rules: 

Navigation: MCR PO > Supply Base > Sourcing Rules

Define Assign Sourcing Rules: 

(N) MCR PO > Supply Base > Assign Sourcing Rules

Oracle Consigned Inventory Continuation