Business partner who has legal ownership of a stock.
The business partner can transfer this stock to another business partner , without transferring ownership, for the purposes of storage, administration, or further processing. This switch of the actual authority over the stock means that the custodian of the stock changes.
You should not confuse the owner of the stock with its custodian.
ExampleConsignment processing: A customer has received goods from a vendor as consignment stock and places them into storage, meaning that the customer becomes the custodian. The vendor remains owner of the goods until the customer removes them from the consignment stock. This withdrawal constitutes the time when ownership of the goods switches.
More terms such as owner (SCM-ECT-LIM) in Dictionary O.
- Manual Order-On-Behalf:
- Help An order created by a dealer on behalf of his/her customer using the Web shop. The customer is the sold-to-party, ship-to-party and bill-to-party owner (scm-ect-lim) definition.
- Manual One-Way Link:
- Help or more technical objects between which a medium is transferred in one single direction. Example Pump A, Pump B, and Pump C are linked to each other by water pipes. The water is pumped from Pump A to owner (scm-ect-lim) explain.
- Manual Order Period Table:
- Help of the order placement by the customer dependent on a certain season. Using the order period table you control during which time period various customers are allowed to place orders, depending on the owner (scm-ect-lim) what is.
- Manual Outstanding Amount:
- Help The amount of money that is owed by a debtor and has not yet been paid owner (scm-ect-lim) meaning.
- Manual Outbound Telesales:
- Help Processing of an outgoing telephone call initiated by an agent who wants to offer products and/or services to customers owner (scm-ect-lim) abbreviation.