Setting Up Consignment Stock—Exercises

IMPORTANT
It is extremely important that you set up and work within your own site to maintain your data integrity. If you work within any other site, you will compromise your own exercise data as well as the data of other students. Predictable exercise results require that your data be isolated in your own site.

Basic Data Setup

Purchase/Inventory/Sales Part

Purpose: The purpose of this exercise is to create part data entries necessary when using the consignment stock functionality.

Windows:
New Part Assistant

  1. Create XX-58-401 as a purchased, inventory, and sales part by using the New Part Assistant. Use supplier 5000.

General exercise for Purchased Part

General exercise for Stored Sales Part

Inventory Locations

Purpose: The purpose of this exercise is to set up the basic data required for using the consignment stock functionality.

Windows:
Inventory Locations

  1. Open the Inventory Locations window and create inventory locations of the following types: Arrival, Quality Assurance, and Picking.

General exercise for Entering Inventory Locations

Main Exercise

Purpose: The purpose of this exercise is to show you how to set up consignment stock at our own warehouse.

Windows:
Supplier for Purchase Part/General
Supplier for Purchase Part/Inspection Info
Inventory Part/Default Locations


You and one of your main suppliers have agreed that they should place consignment stock at your warehouse.

Setting up Consignment Stock

  1. Open the Supplier for Purchase Part/General tab, and search for part XX-58-401, supplier 5000, and your site. Select the Consignment option from the Ownership list.
  2. Click the Inspection Info tab, and in the Receive Case field, select Receive into Inventory.
  3. Open the Inventory Part/Default Locations tab, search for part XX-58-401, and enter a picking location as default location. The consignment stock is now set up, and ready for receipt of the first parts.