How to handle and monitor consigned items?

ERPNext Stock/Inventory
1

Scenario:
Main Company orders stocks then sells them retail. Main Company also sells chosen items through depots owned by other companies.

Questions:

  1. How to manage stocks? (knowing when to reorder items, item monitoring)
  2. How to check for sales and performance on each depot? (more on the accounting side)

Any solutions or work around would be very helpful.

Thank you!

2

Hi,
-If you set reorder level and quantity for respective item on item master form then Automatically create Material Request if item quantity falls below defined reorder level.
https://manual.erpnext.com/contents/stock/item

  • For Item monitoring ,you can refer reports of Stock Balance ,Stock Ledger
    in that you can see how much quantity Delivered and how much quantity still available in stock with valuation rate also.

For more information refer following link

https://manual.erpnext.com/contents/stock/projected-quantity
https://manual.erpnext.com/contents/stock
https://kb.erpnext.com/kb/stock/managing-assets
https://kb.erpnext.com/kb/batch/managing-batch-wise-inventory

Shraddha Ranjane
New Indictrans Technologies Pvt. Ltd.

3

Thank you for that reply. How about to monitor each performance of the three depots? The only initial solution i can think of is to create a new company for each of the depots. I don’t know if that would be the best solution because technically they are all still under one main company. What do you suggest?

4

Create separate warehouses for each of your location

Create cost centers

https://manual.erpnext.com/contents/accounts/setup/cost-center