CONFIDENTIAL & FOR INTERNAL USE ONLY
Department(s): Purchasing, Receiving and Accounting
Please see below for the Standard Operating Procedure for items sent and then received on consignment. For more information on consignment items please see related articles.
1. When Consignment items have been physically received at MicroSolv the receiving department must notify the purchasing department to create a PO.
2. The Purchasing department will create a Purchase order for each item sent on consignment.
3. The Receiving department will receive materials as usual.
4. Once the item has been sold the Accounting Department will create an invoice and send the consignor the invoice. Note: This process can be done on a weekly or monthly basis.