Consignment is a term from stock management and designates the passage of title in the case of supplies into consignment stores.

A supplier puts a certain quantity of a material to a customer at the disposal. This is called also consignment materials. The supplies store physically with the customer, remain the property of the supplier however for the time being. Only with the withdrawal from the consignment stores a commitment develops opposite the supplier.

The calculation is placed according to agreement periodically, e.g. monthly. The contracting parties can agree that the customer transfers remaining consignment inventories after a certain period to his own inventory.

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• Jill's Consignment
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