Hi all,
I have a very specific case which requires some help;
By request of the biggest customer of company X , Supplier Managed Inventory (SMI) or Vendor Managed Inventory (VMI) will be offered to the customer to a selected range of parts. In the scenarios of SMI between company X and the customer, The inventory is customer owned and located at their own warehouse. Company X receives the forecast, usage and orders frrom the customer.
My own advise was to use a dummy company where the products will theoretically be moved to and scrapped when used. Invoice will be sent to the customer and the delivery address is customer site.
Could anyone please advice how to handle customer owned stock?
Best answer by Vimukthi Mahakumbura
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