Skip to Content
author's profile photo Former Member
Former Member

Vendor managed Inventory

Hi Gurus,

What is the significant difference between vendor managed inventory and vendor consignment.

With regards,

Raj

Add a comment
10|10000 characters needed characters exceeded

Related questions

1 Answer

  • Best Answer
    Posted on Oct 20, 2008 at 06:21 AM

    Hi,

    In case of consignemnt your vendor keeps stock at your location, it is its property. The ownership changes when you take some goods from it (GI from consignment).

    http://help.sap.com/saphelp_47x200/helpdata/en/4d/2b8f4c43ad11d189410000e829fbbd/frameset.htm

    In case of VMI the stock is owned by you and not by your vendor. The supplier has to take care the stock level, it is responsible e.g. to keep the stock level between a minimum and maximum value (can be static or dynamic). To be bale to realize this, your vendor has to have access to the stock level information.

    http://help.sap.com/saphelp_47x200/helpdata/en/86/37e619f09b11d18ca1080009d10d9a/frameset.htm

    http://en.wikipedia.org/wiki/Vendor_Managed_Inventory

    Regards,

    Csaba

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.