ADVANTAGES:
--We arrange shipment of materials to
our facility at NO COST TO YOU
--We record and report all sales and all materials
still here on consignment, this report can also
be sent direct to your EMS providers if needed,
so they can keep your excess materials on file in
case the need comes back up.
--An open book procedure – an audit can be
requested at anytime
--Very easy to establish and maintain this program
ROI- return on investment is the highest available
DISADVANTAGES:
--Cash value is not realized until inventory is
sold; longer process to liquidate inventory