Concept: Replenish Consigned Items

Access the

Create Consignment Usage Requisitions

task to replenish consigned items that were used. This task factors in usage transactions based on your selection criteria such as site, item, and date. It can be run manually or scheduled. As a result, a bill and replace requisition will be created; this is the only way to create a bill and replace requisition.

When you define the

Consigned Maximum Quantity

or

Consigned Reorder Point Quantity

and access the

Create Consignment Usage Requisitions

task, we calculate the on-hand quantity to determine the quantities that need to be ordered and paid for. On-hand quantity includes:

On-hand inventory site balance
On-order balance from consigned no charge requisition and purchase orders, and bill and replace requisitions and purchase orders

When you don’t define any of the

Consigned Reorder Point Quantity

or

Consigned Maximum Quantity

fields, we won’t factor in the on-hand quantity; we factor in usage transactions.

For the

Create Consignment Usage Requisitions

task, we use First-In, First-Out (FIFO) logic to determine which usage transactions to include in the replenishment.

Transactions are evaluated starting with the earliest by date/time.
When the quantity to order matches the quantity to pay for, all transactions are included.
When the quantity to order is greater than the quantity to pay for, all transactions are included.
When the quantity to order is less than the quantity to pay for, transactions will be included based on the FIFO logic and might be replenished partially.

When you define the

Consigned Maximum Quantity

on the

Inventory Site Options

of a consigned inventory site, the replenishment calculation of the

Create Consignment Usage Requisitions

task is based on:

Usage transactions
On-hand quantity
The specified maximum quantity

When you define the

Consigned Reorder Point Quantity

on the

Inventory Site Options

of a consigned inventory site, the replenishment triggers when on-hand quantity is below the specified minimum.

When you select the

Consolidate Transactions

check box at the

Inventory Site Options

of a consigned inventory site and access the

Create Consignment Usage Requisition

task, we consolidate multiple usage transactions into 1 line on the created bill and replace requisition when the transactions share any of the same:

Inventory site
Item
Supplier
Unit of Measure
Usage transaction type (Quick Issue, Stock Request/ Shipment, Inventory Adjustment, Transfer)
Worktag