Consignment

Cardinals’ Consignment Inventory Program allows you to obtain products at your facility and transferring ownership at the time of consumption. Consignments can be used to keep track of inventory that you don't own, but at the time you consume it, while having Cardinal handle the cash flow of the inventory. To add additional value, our Customer Service Department is able to generate several reports, including a list of inventory that is on consignment but not consumed and a list of inventory and its history already consumed on consignment.

Purpose of Consignment

• Cost containment of rising fuel costs
• Reduction of testing expenditures
• Better manage cash flow
• Ensure an adequate quantity of material available based on required needs
• Significantly enhances the level of communication between the customer and supplier

Benefits

• Ship products to your facility and pay per consumption.
• Maintain accurate financial physical inventory records from shipment through consumption.
• Receive consumption notices electronically.
• Free up cash flow.