The Challenge: Tracking Stock That Lives Outside Your Warehouse:
Managing customer consignment stock can be a headache for manufacturing and distribution businesses, with stock held at a customer’s site awaiting sale or consumption – even though ownership remains with you. You’re responsible for stock that isn’t physically on your premises, yet it still sits on your books until the customer uses or sells it.
Without clear visibility of where stock is, what’s been consumed, and what needs invoicing, it’s easy for errors to creep in. Miscounts, delays in billing, and manual reconciliation can all affect cash flow and customer relationships. Businesses can struggle to track consignment movements accurately, leading to inefficiencies that cost both time and money.
Abel Simplifies Customer Consignment Stock Management:
Abel simplifies consignment stock management by weaving it seamlessly into standard inventory workflows. With a dedicated consignment line type, Abel allows you to dispatch stock to customer locations while maintaining real‑time visibility through both an inventory consignment ledger and a client consignment stock sub‑ledger. The process is straightforward: a dispatch with the consignment line type moves stock out of normal inventory and into consignment records; invoicing becomes a simple task of running the report, counting stock at the customer site, and invoicing the difference; and if stock needs to be returned, the customer return process puts it straight back into normal inventory. On top of that, Abel provides reports and enquiries – including the consignment stock report, client consignment stock enquiry, and consignment stock ledger – to give teams clear oversight at all times.
The Result: Accurate Stock, Better Cash Flow, and Fewer Headaches
With Abel ERP’s customer consignment features in place, businesses gain tighter control over inventory while reducing manual work and reconciliation errors. Teams have visibility of consignment stock levels, improving forecasting and reducing stock write‑offs. – Counting and billing follows a structured process boosting cash flow and supporting customer relationships. Whether you’re supplying components to manufacturers, or finished goods to wholesalers and retailers, Abel ensures your consignment stock process is smooth, visible, and efficient – so you can focus on delivering value rather than chasing paperwork.
