Consignment Inventory

We are planning in utilizing consignment inventory in BPCS ver 4.05

We have the following questions in handling:

How does costing work?
Do you still use Purchase Orders and generate receivers?
How rolled up finished goods cost (we currently use standard costing does
this remain the same)?
How is the physical on hand determined to avoid negative on hand balances?
How does consignment work in a MRP environment?

This may alos be part of vendor managed inventory - supplier's
responsibility to maintain agreed upon consignment inventroy levels.

Thank you,

Teunis Eversen, Jr. C.P.M.
Corporate Purchasing Manager
Sika Corporation
Lyndhurst NJ
phone 201-933-8800 ext 4310
fax 201-933-9379
email eversen.teunis@sika-corp.com