What is Consignment Inventory?
Consignment inventory is a management system in which the customer is given possession of inventory while it is still owned by the supplier. Ownership is transferred only when a product is used or sold. Consignment gives the customer the ability to get their products in front of the public without having to tie up capital in inventory. Consignment inventory often involves carrying costs or tied up storage space that could be used otherwise. Our consignment warehouses allow you to access your consignment inventory without having to worry about carrying cost or warehouse space.