I have consignees (retail stores) that are selling my product on consignment. I am sending them a number of items from my inventory and they provide me with a monthly report of the number of items (and description of items) sold per month. The items need to be taken out of inventory once sent off to the store but not billed for until sold. How can I manage my inventory on shopify with these types of customers?
Does Shopify have an option to track the consignment items and then invoice the consignees accordingly? Would I need to create an order for each item (multiple orders for the same retail store)?
I sell the same items directly to customers (B2C) via my website as well so I need to have both options available on the same platform.
As @MrP mentioned, draft orders would be a way to go about this. But depending on how many consignees you have and the number of draft orders that you need to manually create, it may become time-consuming to do.
The easiest way to set up a consignment store would be to use a marketplace app. We have the following options in our app store:
Each one works differently but the potential is there to automatically pay 'commission' to your consigners. You could also let them set up an account to make it easier for them when they return. I would check directly with the app developers with regards to how the commission is paid out. I believe they use Paypal for that but they may not all be the same.
If there is anything else I can help you with, please let me know.