From the Maximo Support Desk - Get Started With Consignment Items
TomRichardson 0600021RN4 Visits (7468)
A raw description of a consignment item in Maximo inventory would be an item that your site uses or sells, and which another entity pays you to do this. You could think of it as purchasing, receiving, and otherwise maintaining and transacting an item in your Maximo environment, but you're essentially doing this on behalf of another company. The consignment invoicing ability in Maximo facilitates this to make such an arrangement very feasible to undertake. Of course, there are many other business scenarios where consignment inventory is used, but this is a basic example of the concept and functionality.
The following steps outline the procedures to create Consignment Items and Invoices.
-Create the item in Item Master and add it to Storeroom(s)
-Open the item in the Inventory application
You will then proceed to purchase, receive, issue, and/or consume this item as any other inventory record.
To automatically create Invoices, you will use the Cons
This is found in the Organizations application, then Purchasing Options | Invoice Options
You can enter a value in the field for "Maximum Number of Lines for a Consignment Invoice:"
This article is intended to be quick start guide to using this feature, and you should be able to be up and running with Consignment Items with the information presented here.
Tom Richardson is an IBM Maximo Support Engineer and frequent contributor to the Asset Management Blog community. For a complete index of links to his articles, visit