Consignment Process

Process overview:
Consignment procurement take place when you have an arrangement
with a vendor that the vendor keeps his materials on your premises. When
the material is issued to production or stock, you must pay the vendor.
The settle of consignment liabilities with the vendor on a monthly basis.
Process flow

Purchase Info Record

Purchase Requisition
Purchase Record
Goods Receipt
Goods Issue
Invoice Settlement

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ME11
ME51N
ME21N
MIGO
:MIRO
:MRKO

Process
To manage material in the consignment stores, we need the following
master data.

Material Master Record

Vendor Master Record.
Purchase Info Record.

Step 1.
Consignment Info Record

Before you can order consignment material at a vendor or post a

goods receipt into consignment stock.
We have to maintain the price of the material for the particular
vendor in a purchasing info record.
The price is necessary for the valuation and settlement of material
withdrawals.
Must create a consignment info record for each vendor.
The consignment stock is managed separately for each vendor.

Menu path
SAP EASY ACCESS>Logistics>Material Management>Master Data>Info record
(ME11)