Oracle Consigned Inventory Cont1

Define Supplier as Self-Billing Supplier:

(N) MCR PO > Supply Base > Supplier

By using this setup, invoices will automatically generated based on usage of goods.

Since we can’t create the release against BPA in consigned material, we will create standard PO to receive the stock from supplier.

If we start create release on BPA, we will get below note message.

So we will create standard PO (N) Purchase Orders > Purchase Orders

Now we will receive the goods (N) Receiving > Receipts for PO’s 3026 and 3027

Now the 50+350 stock is available in inventory (MIH-S2), but how come we know this qty is belongs to MCR Supplier?

To identify the owner of the consigned items, navigate to on-hand for MI-Cons01

(N) MCR INV > On-Hand, Availability > On-Hand Quantity for MI-Cons01

Owning party value is null, then it is owned by company, here it is showing MCR Supp, that means, this is owned by supplier.

Create Consigned Transaction

In order to move the consigned material from consigned inventory (MIH-S2) to company’s regular inventory we will go for this transactions.

(N) MCR INV > Transactions > Consigned Transactions > MIH



Save the transaction and check the on hand quantity now

200 qty is still owned by Supplier, another 200 qty is transferred to regular inventory.

 
Here we moved 50 qty from consigned inventory (200 qty) to company inventory.

Oracle Consigned Inventory Continuation