Yindusoft Technologies Interview Questions and Answers

Consignment process is a business arrangement where a supplier provides goods to a customer, but retains ownership of the goods until they are used or sold.

• Supplier retains ownership of goods until they are used or sold

• Customer only pays for goods when they are used or sold

• Goods are stored at customer's location but are not considered part of their inventory

• Supplier can replenish stock as needed

• Example: A car dealershi...read more