For many vintage luxury sellers, consignment is a low-risk way to expand their inventory. You take in a vintage YSL blazer or Givenchy handbag from a client, list it, sell it, and take a commission, all without tying up your own capital.
But here’s the catch: without precise inventory management, consignment can quickly turn into a logistical and financial headache.
When you’re juggling consigned pieces alongside owned stock, you need to track:
Who owns each item.
Mix these up, and you risk underpaying, overpaying, or damaging relationships with your best suppliers.
Separate Consignment from Owned Stock
Use tagging or categorization in your digital inventory to track which pieces are on consignment.
Store Owner & Agreement Details with Each Item
Attach the consignor’s contact info, agreed commission %, and any special conditions directly to the product record.
Track Sales and Automatic Payout Calculations
Once an item sells, your system calculates the consignor payout instantly — no messy spreadsheets.
Generate Reports for Transparency
Share sales summaries with consignors so they see exactly how their pieces performed.
Set Reminders for Contract Expiry Dates
Avoid awkward “where’s my item?” messages by returning unsold goods promptly.
Oly’s inventory management tools allow you to:
This precision means fewer mistakes, faster payouts, and happier consignors, who are more likely to send you their best YSL and Givenchy pieces in the future.
Consignment can be a powerful growth strategy, if it’s managed with care. By using digital tools to track every detail, you turn consignment from a chaotic side channel into a reliable, cashflow-positive part of your business.
For vintage YSL and Givenchy sellers, precision isn’t optional, it’s the difference between smooth operations and missed opportunities.
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