Daily Archives: June 28, 2020

Retail 3.0: Consignment inventory in retail; What is it anyway?

What is Consignment Stock? Consignment stock (or to consign) is the act of placing goods or stock into the inventory of another party without transferring ownership through direct purchase. This means that the consignor (who can either be a manufacturer, wholesaler, or registered distributor) agrees to give goods to a consignee (wholesaler or retailer) without […]