Customer Consignment Portal
Streamline Inventory Management and Boost Efficiency with Real-Time Insights!
Consignment (CMI – Customer Managed Inventory) is a business arrangement where distributors stock and manage inventory at a customer’s premises, such as a warehouse or jobsite. The customer only pays for the inventory once it is used or sold. This strategy can be highly profitable when paired with effective consignment tracking. By having products readily available at the customer’s location, distributors can expedite sales and increase customer satisfaction.
To maximize these benefits, distributors must carefully manage inventory levels. It is crucial to avoid excessive stock that remains unused, while establishing clear reorder points ensures customers don’t experience stockouts.
Top 4 Benefits of the Qbrowse Customer Consignment Portal & Mobile Application on QAD
- Easy adoption and satisfaction – a user-friendly web and mobile interface for efficient management of QAD customer consignment module
- Streamlined Inventory Tracking – Customers can easily track inventory using the Qbrowse Customer Consignment portal, and barcode scans on mobile devices enable efficient inventory management, including cycle counts.
- Optimized Consigned Inventory – Qbrowse ensures distributors maintain optimal inventory levels at customer sites, preventing overstocking and enabling efficient billing.
- Real-time Inventory Visibility – Both distributors and customers benefit from real-time insights into inventory levels across various locations, including warehouses, stockrooms, workstations, and other point-of-use locations.