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Combalicer Consignment Business Model
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Combalicer Consignment Business Model :The Combalicer Consignment Business Model was developed by John P. Combalicer in August 26, 2008, to address the growing market of consignment and the problems encountered by organization and ERP provider. Problem ---- :The business industries face a roadblock when acquiring or assessing ERP provider because of the problem that they encounter when it comes to consignment. The most common issues are; if the consignees cannot provide an accurate sales report to consolidate with the actual product sold, and also consignee that cannot provide actual pilferage loss. Solution ---- :This model was developed to help the ERP provider understand more on how to the different consignment model work. The Consignment Business Model has two types; the first type is the Combalicer Improper Consignment Business Model which addresses the problem of consignee who cannot provide an accurate sales report, and the second type is the Combalicer Proper Consignment Business model in which the consignee provides the accurate sales report. Combalicer Improper Consignment Business Model :::The model begin with the consignee/branch request for stock replenishment, the request should not be treated like purchase order nor sales order. The transaction should be independent from all other entries and most importantly the Accounting and Finance transactions. The transaction should only affect the inventory of the source and destination warehouse/branch. :::The next process involves the consolidation of “assumed” daily sales record which the representative in the branch submitted. This record cannot and will never be accurate. :::The only purpose of the CDSR is for report extraction, such as; “Item for Replenishment”, “Top Saleable Item”, “Slow Moving Item”, “Branch Sales”, “Total Estimated End Sales Figure” and others. :::The CDSR can also be used to update the branch inventory and then create a cycle counting to provide more accurate inventory report of branch. :::The end sales figure from CDSR can be compared from the actual sales figure that the consignee submitted; a discrepancy report can be created from the consolidation of the two figures. The discrepancy report is very critical in monitoring all item movements. :::Create a credit memo from the actual end sales figure from consignee. The entry should not affect the inventory or the other entries in warehouse. The transaction should only affect the financial entries. All succeeding financial entries can be generated based on the credit memo. Combalicer Improper Consignment Business Model Combalicer Proper Consignment Business Model :::The model is almost identical with the improper consignment business model except for the separation of financial entries and consignment sales report. :::The process begins with the creation of Consignment Sales Order (CSO) based on the Actual Consignment Sales with proper breakdown of items sold by the consignee. All entries for consignment start with the creation of CSO, there are no more redundant entries unlike with the Improper Consignment Business Model. :::The financial entries and report can be generated out this Actual Consignment Sales because all items are properly breaks down into their own category. This is also much easier to import into the ERP system thru the use of EDI or other means. Combalicer Proper Consignment Business Model Citation ---- Processing Consignment Orders in ERP See Also
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