Answer | Sorry Rakesh, Consignment is an agreement between the
consignor(company) the consignee(Agent)and not a customer.
Steps invloved -
1)Consignment Fill-up - The Company send material to the
Agent.Ownership of the material remains with company.
2)Consignment Issue - Agent sells the material to the
customer.
3)Consignment Pick-Up - If material is not been sold by
agent then the Company takes the material back from agent.
4)Consignment Retun - Customer sends damaged material back
to agent, and agent sends it to company.  |
| Us |