Selling on consignment is a useful arrangement that allows a supplier and usually a retailer to create a “win-win” situation, where they both share part of the risk of holding inventory. Consignment occurs when the consignor (the supplier) sends goods to a consignee (the retailer). The Retailer then later sells them to their clients….
Category: consignment
How to Handle Sales With ERP Software Like a Pro?
Sales are arguably the lifeline of your business. Efficiently controlling the sales order your customer issues is crucial. To do so, you’ll want to handle sales with ERP software in order to synchronize everything with your real-time inventory. Here’s how easy it should be to issue a sales order: Step 1. In your Megaventory account,…