Skip to main content
Question

Core Deposit Handling

  • March 29, 2023
  • 4 replies
  • 127 views

Forum|alt.badge.img+9

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

Björn Hultgren
Hero (Employee)
Forum|alt.badge.img+25

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?


Forum|alt.badge.img+9
  • Author
  • Sidekick (Customer)
  • March 30, 2023

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


PraBrandB
Do Gooder (Partner)
Forum|alt.badge.img+1
  • Do Gooder (Partner)
  • November 29, 2023

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


Forum|alt.badge.img+6
  • Hero (Employee)
  • November 30, 2023

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