Question

Core Deposit Handling

  • 29 March 2023
  • 4 replies
  • 65 views

Userlevel 4
Badge +9
  • Sidekick (Customer)
  • 76 replies

Hi all,

 

Some of our suppliers are offering “Core Deposits” (When they return their used components (called "cores"), we refund their deposit.)

Do others have the same agreement and can tell how they are handling the deposits in IFS?

 


4 replies

Userlevel 7
Badge +23

Subscribing to this post. The core concept is usually used within the remanufacturing industry (the core is the raw material being disassembled as part of the remanufacturing process). Is that the scenario here?

Userlevel 4
Badge +9

Hi Bjorn,

 

Yes, that is the concept - were we are the buyer and we thus have to pay for the core when we buy a manusfactored part and would get back the deposit when we send it back.

 

Arend

Badge +1

Arend, have you found a solution that is working for you on this?

Userlevel 2
Badge +6

I’m also interested to learn more if/how you have resolved this in current solutions.

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