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What is an arrangement in which the supplier maintains title to the inventory until it is​ used?.

Sagot :

Consignment inventory is an arrangement in which the supplier maintains title to the inventory until it is​ used.

What exactly is consignment stock?

In a supply chain arrangement known as consignment inventory, a product is sold by a retailer, but ownership is held by the supplier up until the goods are sold. Unsold goods may be returned since the retailer does not technically purchase the inventory until it has been sold. The consignment model frequently sells seasonal, perishable, or pre-owned goods.

Because suppliers are not paid until shops sell their inventory, consignment inventory models can be dangerous for them. However, the supplier's ability to get their product in front of more potential clients is a significant advantage.

Learn more about consignment inventory with the help of the given link:

brainly.com/question/15081834

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