Consignment Management in Retail. SAP Best Practices for Retail

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Consignment Management in Retail SAP Best Practices for Retail

Purpose, Benefits, and Key Process Steps Purpose This scope item deals with the consignment goods procurement, sales, and liability settlement. Benefits Reduces procurement costs Manage consignment goods in DC and store Directly sales from consignment stock Key Process Steps Create a basic agreement (quantity contract) Create purchase requisition Assign requisition and create purchase order Post goods issue for stock transfer Determine the stock situation after sales POS simulation sales Settle consignment liability 2014 SAP SE or an SAP affiliate company. All rights reserved. 2

Required SAP Applications and Company Roles Required SAP Applications SAP Enhancement Package 7 for SAP ERP 6.0 Company Roles Retail Non-Seasonal Purchaser Retail Warehouse Specialist Retail Masterdata Manger Accounts Payable Accountant 2014 SAP SE or an SAP affiliate company. All rights reserved. 3

Detailed Process Description Procurement - Consignment In contrast to processing in a manufacturing system, Retail consignment covers the following functions: In the article master data, you can specify that you specifically want to procure the goods in one site as consignment goods. You can define the consignment control for an article for each site (for example, distribution center) independently of one another. The system converts goods that are to be transferred from DC consignment stock to its own stock. Retail Consignment scope item describes the process of how you order goods from external vendors as vendor consignment goods, transfer the vendor consignment goods from DC to own stock, transfer the goods from DC to Store, then POS sales and settlement consignment liability after sales. 2014 SAP SE or an SAP affiliate company. All rights reserved. 4

Process Flow Diagram Consignment Management in Retail Purchase Manager Event Accounts Payable Accountant Retail Nonseasonal Purchaser Buyer / Purchas er Retail Warehouse Specialist Need for Contract A Need for Material is Identified Material Arrival at Plant Dock Goods Receipt with Reference to PO Transfer posting of vendor consignment stock Create Outbound Delivery Purchase Requisition Create Procurement Contract Assign Requisition to Contract and Create Purchase Order Create Stock Transfer Order Posting Goods Receipt in the Store Procurement Contract Determining the Stock Situation After Sales POS Simulation Sales Settling Consignment Liabilities MRP = Material Requirements Planning, PO = Purchase Order 2014 SAP SE or an SAP affiliate company. All rights reserved. 5

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