Specify Use of Supplier Loaned Stock

Explanation

Use this activity to indicate that the part is normally received as supplier loaned stock from the supplier. Supplier loaned stock is externally owned stock that is supplied by a supplier with the intent that the material will be returned to the supplier. This could be material that is on loan until the equivalent item being repaired by the supplier is returned.

Prerequisites

• The connection between the supplier and the purchase part must be established in the Supplier for Purchase Part window.
• The purchase part must be entered as an inventory part.

System Effects

When a purchase order line is created for the part-supplier combination, the default ownership will be Supplier Loaned.

Window

Supplier for Purchase Part, Supplier for Purchase Parts

Related Window Descriptions

Supplier for Purchase Part, Supplier for Purchase Part/General, Supplier for Purchase Parts

Procedure

1. In the Supplier for Purchase Part or Supplier for Purchase Parts window, query for the supplier for purchase part record.
2. If you are using the Supplier for Purchase Part window, click the General tab.
3. In the Ownership list, select Supplier Loaned.
4. Save the record.