Consignment warehouses (in short, separate suppliers’ warehouses at the company’s headquarters) were initially used mainly in international trade and this is how they are nowadays understood in the light of the VAT Act. Their origins should be sought in the industrial sector, where there has always been a problem of ensuring continuity of supplies of raw materials and components.
In recent years, however, consignment warehouses have been constantly gaining popularity, also in domestic trade and, what is significant, are gaining recognition of the trade industry rapidly. There are at least several reasons for this, among them: taxes, cash optimization and logistics optimization.
The practice of creating consignment warehouses is complicated, mainly due to concerns about the uncertainty of the Polish tax law in this area and its possible multiple interpretations by officials. The biggest challenge is to ensure the accountability of all products entering and leaving a foreign warehouse, which cannot be done without an IT system.
The challenge is this: the supplier must ensure the identification of all goods in the foreign warehouse (which is generally not accessible) and automatically generate accounting documents (invoices, WZ, PZ) based on movements in that warehouse.
Etisoft Smart Solutions takes a comprehensive approach to this issue. The solution offered by this company consists of RFID codes, which are used to mark logistics units.
These codes are delivered to suppliers who, when sending deliveries to the recipient, mark products with the received codes. As an option, it is also possible to permanently mark the baskets in which goods are stored in a consignment warehouse (as shown in the picture). Thanks to antennas located in the warehouse, which regularly scan RFID codes, the stock is updated regularly, and the management of deliveries or production of a specific product range is fully dynamic.
An additional feature of the Etisoft SMS (Stock Management System) is the spatial location of specific boxes – both on a shelf map and via an audio signal sent from a manual collector.
Today’s retail sector needs smart solutions. Implementing improvements, including in the warehouse space, requires technological support. However, using the possibilities offered by technology in this area (and elsewhere) should be treated as an investment, not an expense. It is an investment in the efficient operation of the company, in faster and more efficient customer service, in better management of deliveries or production. It is an investment that will not only pay off quickly but above all will bring profit in years to come.
The author of the article is Bartłomiej Łatka, an expert on retail and logistics.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
|cookielawinfo-checbox-analytics||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".|
|cookielawinfo-checbox-functional||11 months||The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".|
|cookielawinfo-checbox-others||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.|
|cookielawinfo-checkbox-necessary||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".|
|cookielawinfo-checkbox-performance||11 months||This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".|
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.