Transferring Consigned Inventory

Based on your transfer requirements, you can use any of the following forms for vendor consigned items stored in your location:

• Inventory Transfer - Use this form to move quantities of vendor consigned items between locations without requiring fulfillment and shipment tracking. You can choose only locations within the same subsidiary. NetSuite directly adjusts their on-hand quantities of the consigned item without transferring ownership. Aside from moving quantities, you can also change the consigned inventory status to another consigned inventory status only.

  For instructions, see Basic Inventory Transfers.

• Transfer Order or Intercompany Transfer Order - On these forms, you can add items enabled for consigned inventory that you want to transfer and ship between your locations. You must check the Use Item Cost as Transfer Cost setting on the order since use of transfer pricing is not supported. After you fully or partially fulfill a transfer, you can't edit this setting anymore.

  If you don't check the Use Item Cost as Transfer Cost setting for consigned item transfers, you may encounter the following issues during fulfillment:

  • Consigned statuses don't appear even for items enabled for consigned inventory.

  • On fulfillments for transfers that include consigned quantities only, you can't enter inventory details, such as bins and statuses.

  For more information or instructions, see the following articles:

  • If you want to assign the Use Item Cost as Transfer Cost setting by default on new transfers that you create, see Setting Transfer Order Preferences.

  • For instructions on creating transfer orders, see Entering a Transfer Order or Intercompany Inventory Transfers - Non-Arm's Length.

  • To fulfill transfers, see Selling and Fulfilling Consigned Inventory.

  • To review other guidelines, see Limitations for Consigned Inventory Management.

• Bin Transfer - For vendor consigned items in bins, you can create a bin transfer to move them between bins within the same location. In each line, add items enabled for consigned inventory and specify its consigned status in the inventory details. You can change the inventory status to either the Consigned - Good status or any of your other custom consigned statuses only.

  For instructions on creating bin transfers, see To record a bin transfer using advanced bin/numbered inventory management: or Setting Up Consigned Inventory per Item.

On inventory and bin transfer forms, you can include non-consigned quantities of the same item in the same or separate line. You can also add separate lines for items not enabled for consigned inventory. To prevent ownership transfers, you can't assign consigned inventory statuses to these non-consigned quantities and items, and vice versa.

General Notices