What is consignment process in SAP?

Consignment Process is where product are stored at the customer location but the owner of this product is still company. Customer stores the consignment stock at their own a warehouse. Customer can consume product from warehouse at any time and customer billed for product for actually quantity consumes.

How do I find consignment stock in SAP?

Displaying Consignment Stock

  1. Choose Logistics Materials management Inventory management on the main menu screen.
  2. Choose Environment Stock Stock overview .
  3. Enter your selection criteria and enter the special stock indicator W .
  4. Choose Program Execute.

How consignment stock is created?

Consignment issue involves removing the goods from the special stock and making it the property of the customer. When the customer removes consignment stock to use or sell, you record the transaction in the system by creating a consignment issue order (order type KE).

What is subcontracting in SAP MM?

Subcontracting is one of the manufacturing strategy by which a company decides to outsource some or all of its production operations to a vendor. This product (if not a finished product) is then used by the manufacturing company to carry out the rest of the operations to turn it into a finished product.

What are the different types of consignment?

The two types of consignment are:

  • Outward Consignment: When goods are sent from one country to another for the purpose of sale, the consignment is called outward consignment.
  • Inward Consignment: When the goods are sold domestically for the purpose of sale then it is called inward consignment.

What is commission in consignment?

Commission:- The commission is the remuneration paid by the consignor to the consignee for the services rendered to the former for selling the consigned goods. Three types of commission can be provided by the consignor to the consignee, as per the agreement, either simultaneously or in isolation.

What is the transaction code for mb54 in SAP?

As we know it is being used in the SAP MM-IM (Inventory Management in MM) component which is coming under MM module (Material Management) .MB54 is a transaction code used for Consignment Stocks in SAP.

How to view consignment stock using tcode mb54?

Please help me on how to view consignment stock using tcode MB54, when i run this report the message is no stock exists for specified data. 2. Printing of Picklist then turned over to warehouse for pick and pack.

How to confirm a reservation with tcode mb1b?

3. confirmation of reservation using tcode MB1B with movement type 311 click the reservation and encode the reservation #. then confirm and get the material doc. 4. Printing of stock transfer slip form with reference of material doc. base on good issue for consignment..then delivered the consignment outlet.