POS consignment

[Michelle_Llavon]

Hello, I have been searching through the shopify community for consignment solutions to my particular case. 

I have seen great apps that do this kind of work but usually, all the selling is processed by a single store. In my case, I'm an online store supplying retail stores with a consignment agreement.

I have my own workshop and I manufacture jewelry which I sell online. For quite a few years I have supplied jewelry to local stores with a consignment agreement. Most of the stores also use shopify. The business has been growing and right now the task of keeping track of inventory and going directly to local business and verifying who much did they sell, it's getting really hard due to the number of items they have. I'm losing too much time keeping inventory and invoicing. 

I want to be able to sync my inventory to the retail stores and if they sell anything it automatically updates and the money split's by the percentages we agreed upon.

English is not my native language so I hope I've explained myself well.  Thanks in advance for any help.

[Gregarican]

We are a retail jewelry company that also handles consigned goods. How we usually handle tracking them for reporting purposes is to either create a vendor that's named consigned (if we don't need to narrow down goods to specific parties), or else add product tags denoting the items are consigned to a particular vendor. Then we can run reports on what's on-hand, what's sold, etc. And any lack in the canned Shopify POS reports can be supplemented with pulling the data via the API. 

[frontflip]

Hey Greg,

I wanted to personally reply to you to in addition to Michelle to open my invitation to you as well. Would love to hear your issues as a consignee and explore solving them?

Feel free to email me

Menan

hello@frontflip.co

[Gregarican]

Thanks for the invite Menan, but I think we are okay in terms of no issues managing consignment. In a nutshell, we are a luxury retail jewelry company who has larger consignment-based vendors. They supply us with stock, and if any of that stock sells we report it back to them and then pay their costs. And likewise, if any stock is refunded to the customer then we take credits against the costs. 

As long as we can flag individual items as being consigned in Shopify and report off of their activity (which we can as I had posted above) then we are set. Which we are 🙂 

[frontflip]

That’s good to hear, hopefully those with a similar setup like yours can also use your solution!

[frontflip]

Hey Michelle,

Glad to hear you are approaching a point where you are growing so much, it is getting hard to stay on top of everything. I am also from the consignment space and currently run an app called Frontflip (frontflip.co), that helps consignment stores manage inventory, orders and consigner fast and easy.

I understand, you are looking to solve a problem of being a consignee that sells to many consignment shops and are having trouble staying track. It could be something we'd be open to expanding to and have you as a test customer if you'd be open to this? Alternatively I would ask for your recommendation for the stores you work so they can you Frontflip and make your life a consignee easier.

Either or I think we can make something great happen,

Looking forward to hearing your problems and trying to help. 

Feel free to email me

hello@frontflip.co

Menan

[ResellXL]

We use ResaleGlobal.com (who is a Shopify partner) which manages our Shopify website, our inventory, POS, consignor accounts and everything.  Its really easy and they have an in house team who sets it all up for you so you don't need to hire an outside consultant.  They are very helpful and customize the software to your needs.  So much better than other software for consignment because it doesn't have to be downloaded and you can access from anywhere in a browser.