Reduced Inventory Cost
Readiness of Parts
Cost Effective
Improve Stakeholder Service

Consignment in Action

Watch how Fortis's consignment model keeps your operations running without upfront inventory cost.

Fortis Consignment Inventory - Overview

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Area of Discussion

Share & Review Forecast and Schedule
Inspection and Cycle Counting
Determine Criteria for Consigned Items
Delivery Performance Measurements
Establish Min & Max Inventory Levels with Periodic Review
Consumption Policy (FIFO, Authorized Persons, etc)
Establish Point of Transfer of Ownership
Consigned Item Return Policy
Physical Security of Consigned Items
Agreed Payment Process
Share & Review Forecast and Schedule
Inspection and Cycle Counting
Determine Criteria for Consigned Items
Delivery Performance Measurements
Establish Min & Max Inventory Levels with Periodic Review
Consumption Policy (FIFO, Authorized Persons, etc)
Establish Point of Transfer of Ownership
Consigned Item Return Policy
Physical Security of Consigned Items
Agreed Payment Process

Consignment Inventory

Our consignment stock solution is a simple way to maximise your cashflow while giving you the confidence that you have access to everything you need to keep production lines up and running.

When you use consignment stock, we keep chosen products in stock at a customer location. It does not matter whether you are a large business with thousands of products or a smaller company with a select few. Then, you just pay for what you use, when you use it. This keeps the cost of these products off your books until you really need them, improving working capital without compromising on uptime, efficiency or productivity.

Get Started

Talk to our team about setting up a consignment arrangement tailored to your operational schedule and inventory requirements.

Discuss Consignment Terms