Vendor Managed Inventory-consignment


How can we manage the following:In addition to selling its items, a company allow suppliers to sell items in its shops. The company doesnt manage cost, instead manage the stock/inventory for certain suppliers.

You need to create suppliers as Customers and then you can sell the item. But question is how you will get Profit when company doesn’t manage the cost?

there is a certain percentage or margin to be calculated every month based on sales. there are many items and lot of trans will be generated. Common item barcodes or numbers sometimes maybe used.

Any suggestions!