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  2. Consignment agreement - Wikipedia

    en.wikipedia.org/wiki/Consignment_agreement

    A consignment agreement is an agreement between a consignee and consignor for the storage, transfer, sale or resale and use of the commodity. The consignee may take goods from the consignment stock for use or resale subject to payment to the consignor agreeably to the terms bargained in the consignment agreement. The unsold goods will normally ...

  3. Consignment - Wikipedia

    en.wikipedia.org/wiki/Consignment

    The consignment process can be further facilitated by the use of vendor managed inventory (VMI) and customer managed inventory (CMI) applications. VMI is a business model that allows the vendor in a vendor-customer relationship to plan and control inventory for the customer, and CMI allows the customer in the relationship to have control of ...

  4. X12 Document List - Wikipedia

    en.wikipedia.org/wiki/X12_Document_List

    Inventory Inquiry/Advice 847 Material Claim 848 Material Safety Data Sheet 850 Purchase Order 851 Asset Schedule 852 Product Activity Data 853 Routing and Carrier Instruction 855 Purchase Order Acknowledgment 856 Ship Notice/Manifest 857 Shipment and Billing Notice 860 Purchase Order Change Request - Buyer Initiated 861

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  6. Vendor-managed inventory - Wikipedia

    en.wikipedia.org/wiki/Vendor-managed_inventory

    2. Inventory Ownership. Inventory ownership refers to the ownership of the inventory and when the invoice is being issued to the retailer. In vendor managed inventory, there is a number of solutions in terms of payment and transfer of ownership. [11] In the first alternative, the vendor is the owner of inventory at the premises of the customer.

  7. Rack jobber - Wikipedia

    en.wikipedia.org/wiki/Rack_jobber

    A rack jobber (also known as a rack merchandiser) is a company or trader having an agreement with a retailer to display and sell products in a store. The outlets for the products would be ones which traditionally do not stock such products such as gas stations, grocery stores, and others not traditionally associated with the products sold.

  8. Physical inventory - Wikipedia

    en.wikipedia.org/wiki/Physical_inventory

    Physical inventory is a process where a business physically counts its entire inventory. A physical inventory may be mandated by financial accounting rules or the tax regulations to place an accurate value on the inventory, or the business may need to count inventory so component parts or raw materials can be restocked. Businesses may use ...

  9. Universal Business Language - Wikipedia

    en.wikipedia.org/wiki/Universal_Business_Language

    Universal Business Language (UBL), ISO/IEC 19845, is an open library of standard electronic business documents and information models for supply chain, procurement, and transportation such as purchase orders, invoices, transport logistics and waybills.

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