Consignment

Consignment is a feature that is enabled per organization. If you don't see it in your menu, talk to your Sourced contact.

For the cases where your suppliers keep consigned stock in your warehouses (goods that remain the supplier's property until you consume them), Sourced can manage that stock by periods. It records the consumption, calculates how much should be replenished and how much should be invoiced, and publishes it so each supplier can see it in their portal and invoice what was consumed.

It is a tailored flow that is set up together with your Sourced team according to how your organization operates.