Consignment Process in Enterprise Asset Management Reduces Spare Parts Inventory

Consignment Process in Enterprise Asset Management Reduces Spare Parts Inventory

Reading time: 13 mins

Vendor consignment, a standard functionality in materials management within Enterprise Asset Management (EAM), enables companies to reduce their inventory of spare parts. Learn how to execute vendor consignment using your own stock as well as materials from multiple consignment vendors. Key Concept Vendor consignment is a standard functionality in materials management (MM) wherein you purchase...

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