Consignment Stock Supply and Management Tender for Water Infrastructure Products

Suppliers are invited to tender for the service and supply of consignment goods for Hauraki District Council�s Paeroa depot. The range of products will include water fittings products, being drinking water, wastewater and stormwater products. Consignment stock meaning an inventory of goods, materials or spare parts that are held, by agreement with the supplier, in the possession of the buyer.

Whilst the goods are in the physical custody of the buyer, they remain the property of the supplier and are paid for as the buyer issues them. The Consignment stock will be required on a �sale or return� basis. Supplier will be required to managed inventory extends the concept in that the supplier not only supplies the inventory but also manages the stock levels.