Insurance And Legal
Product, Pricing & Taxation Management
Manage consigned products with complete control over pricing, SKUs, weights, categories, and tax configurations.
Consignment Management System
The Consignment Management System is developed to digitalize and simplify how organizations manage consigned products across their supply chain. By centralizing key consignment operations, such as purchase and sales orders, inventory, contract management, and financial settlements, the system increases operational efficiency and ensures better compliance with commercial agreements.
Its main purpose is to:
- Eliminate manual errors through automated calculations for pricing, taxes, and commissions
- Provide full visibility into consigned inventory and its movement
- Enable flexible configuration of consignment contracts and terms
- Streamline purchase and sales workflows, from creation to invoicing
- Enhance transparency and accountability in vendor, supplier, and customer dealings
Transforming Consignment Operations with Automation and Full Transparency
Managing consigned goods traditionally involves fragmented workflows, manual calculations, inconsistent record-keeping, and difficulty tracking ownership and payouts. These inefficiencies lead to errors, disputes, compliance risks, and lost revenue.
Our system solves these challenges with a fully digital, automated workflow covering inventory tracking, purchasing, sales, shipping, quality assurance, contract oversight, and financial settlements. By consolidating every step into one connected platform, businesses gain clarity, operational speed, and accountability, reducing workload while maximizing profitability and control.
Key Features
📦 Shipping & Delivery Management
♻️ Returns Management
🛒 Purchase Order Integration
🧾 Sales Order & Invoicing
🧪 Quality Control & Inspection
🛡️ Compliance & Audit Readiness
📁 Product & Taxation Management
🗂️ Inventory & Consignment Management
📜 Contract Lifecycle Management
Module Breakdown
Consignment Management System
Each functional component of the system is modular and scalable for easy customization.
Product, Pricing & Taxation Management
Manage consigned products with complete control over pricing, SKUs, weights, categories, and tax configurations.
Automatic Calculations
Ensure accurate commissions and eliminate manual entry through automated subtotal, tax, and commission generation.
Automatic Calculations
Ensure accurate commissions and eliminate manual entry through automated subtotal, tax, and commission generation.
Consignment & Inventory Tracking
Monitor product quantities, commission rates, pricing, and tax status in real-time for precise inventory visibility.
Consignment & Inventory Tracking
Monitor product quantities, commission rates, pricing, and tax status in real-time for precise inventory visibility.
Purchase Order Management
Create and manage purchase orders linked to consignments and vendors, with auto-filled data for consistency and efficiency.
Purchase Order Management
Create and manage purchase orders linked to consignments and vendors, with auto-filled data for consistency and efficiency.
Purchase Transaction Conversion
Convert approved POs into traceable, auditable purchase transactions for seamless procurement flow.
Purchase Transaction Conversion
Convert approved POs into traceable, auditable purchase transactions for seamless procurement flow.
Sales Order & Invoice Management
Generate and manage customer orders from consigned stock, with quick invoice creation for streamlined sales processing.
Sales Order & Invoice Management
Generate and manage customer orders from consigned stock, with quick invoice creation for streamlined sales processing.
Commission & Time Management
Track orders and ensure timely, accurate commission settlements for all stakeholders.
Commission & Time Management
Track orders and ensure timely, accurate commission settlements for all stakeholders.
Shipping & Delivery Tracking
Manage all shipping details, including carriers, tracking numbers, and expected delivery dates.
Shipping & Delivery Tracking
Manage all shipping details, including carriers, tracking numbers, and expected delivery dates.
Returns Management
Document and process product returns with reason codes, return dates, and real-time status updates for inventory reconciliation.
Returns Management
Document and process product returns with reason codes, return dates, and real-time status updates for inventory reconciliation.
Quality & Compliance Control
Inspect consigned goods with inspection notes, results, and timestamps, ensuring alignment with brand standards and regulatory requirements.
Quality & Compliance Control
Inspect consigned goods with inspection notes, results, and timestamps, ensuring alignment with brand standards and regulatory requirements.
Contract Management
Digitize and store supplier and buyer agreements, including terms, start/end dates, and involved parties, with full auditability.
Contract Management
Digitize and store supplier and buyer agreements, including terms, start/end dates, and involved parties, with full auditability.
Features Highlights
Consignment Intelligence Platform
Automated consignment tracking, contract governance, and transaction workflows, all in one centralized platform.
📁 1. Centralized Consignment Control
Manage inventory ownership, pricing rules, and commission structures from one unified interface. Real-time visibility ensures accurate stock control and reduces administrative risks.
Key Capabilities:
🔄 2. Seamless Transaction Workflows
Purchase orders, sales orders, and invoices generate automatically based on contract terms and inventory status. Every transaction remains traceable and compliant from initiation to settlement.
Key Capabilities:
🚚 3. Integrated Shipping & Returns
Track shipments, carriers, lead times, and return reasons with full status visibility. This reduces logistical confusion and ensures product flow transparency across the consignment lifecycle.
Key Capabilities:
🧪 4. Quality Assurance & Compliance
Capture inspections, compliance records, and audit-level documentation for every item. This ensures quality consistency and regulatory confidence across all consigned products.
Key Capabilities:
📜 5. Smart Contract Oversight
Digitally manage supplier and customer agreements with built-in renewal, terms configuration, and storage. Every decision ties back to source documentation, reducing disputes and risk.
Key Capabilities:
One Platform, Multiple Industry Roles
Who Can Benefit from the System?
Ideal for any business handling goods they don’t own, from retail to galleries, requiring traceability, automation, and financial accuracy.
🏬 Retail Stores
Overview:
Simplify high-volume product flow with smart inventory and order handling.
Key Benefits:
📦 Real-Time Inventory Control: Monitor in-store stock levels by consignment.
🧾 Automated Sales & Commission Tracking: Calculate commissions per sale with minimal effort.
📊 Performance Insights: Use data to refine consignment strategies.
🖼️ Art Galleries
Overview:
Focus on the art while the system handles transactions and transparency.
Key Benefits:
🖌️ Artist Commission Automation: Accurately calculate and record payouts.
📁 Artwork Recordkeeping: Track artwork history, pricing, and movement.
📊 Sales Analysis: View art trends and adjust pricing accordingly.
🛍️ Second-Hand Shops
Overview:
Handle complex consignment agreements with ease and visibility.
Key Benefits:
📦 Multi-Seller Inventory Tracking: Keep clear records of consigned goods by owner.
💵 Payout Automation: Ensure timely and accurate settlements.
📈 Pricing Optimization: Adjust terms using real-time sales data.
📚 Bookstores
Overview:
Enhance consignment book sales while simplifying royalty tracking.
Key Benefits:
📕 Real-Time Book Inventory: Manage stock from authors and publishers.
🧾 Royalty & Commission Payment Automation: Settle accounts with less admin.
📊 Stock Turnover Reports: Optimize shelf space and stock selection.
🛋️ Furniture Showrooms
Overview:
Maximize showroom capacity without ownership overhead.
Key Benefits:
🪑 Inventory Without Investment: Showcase third-party items under consignment.
💰 Transparent Sales-Based Payouts: Pay suppliers based on sales, not storage.
📊 Profit & Space Optimization: Use reports to increase turnover and ROI.
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