Consignment Inventory: From Hassle to Asset
Consignment inventory consists of customer materials that you keep in your warehouse, but that are not technically a part of your stock. Consigned inventory can be seen as a liability, because you must account for items that don’t actually belong to you.
Latitude WMS turns consigned inventory from hassle to asset.
Latitude automates consigned inventory accounting using mobile scanning devices (actually handheld computers). Latitude maintains automatic records of each customer item, including minimum and maximum inventory levels, and replenishes stock volumes accordingly.
Our customers find that consigned inventory capabilities offer an important value added service to their customers.
Want to learn more? Call PathGuide at 1.888.627.9797.