Oracle Consignment Inventory Process FlowP

O -

AP

Pro

ce

ss

Inve

nto

ryW

IPP

O S

etu

p

Contractual Agreement with

Supplier for Consignment

Materials, Pricing of Items,

Consumption Aging Period and

Billing Cycle

Define

Separate

Supplier Site

for

Consignment

Approved Supplier

List and Assign

Blanket PO to the

items

Separate Sub

Inventory for

Consigned

Inventory

Define Consumption

Rule for Consigned

Inventory – Implicit

Transaction Types

Create Standard

PO for

Consignment

Supplier

PO should be

closed for

Invoicing

Receive the Item

in Consigned Sub

inventory against

PO

Create a

Discrete WIP

Job for Sales

Order

Assembly

Release the

Discrete Job

Completion

of Job

Transfer to

Regular Stock

from Consigned

Sub inventory

Finished

Assembly

Create

Consumption

Advice

Bill Only PO

Release based on

Blanket PO Prices

Pay on Receipt

Auto Invoice for

Self Billing

Payable Open

Interface Import

On-hand balance

on consigned sub

Inventory -Material

Workbench

Is Aging Period

Over- Consigned

Inventory Aging

Inquiry ?

Explicit Transfer

to Regular Stock

from Consigned

Sub inventory

WIP Component

Issue in Material

Workbench

Setup StepsRegular

Process

Material Requirement

for Consigned Stock

and Request for Sub

Inv Trf.

Sub

Inventory

Transfer to

Regular

Stock