LSMW is widely used by EDI programmers. EDI Programmers connect the SAP system to Non SAP system. During this Data migration is a necessity. When data migrates from source to destination the destination code is differrent from the source code. So what LSMW does is
* Converts the data in to batch files
* Then converts the batch files in to source code batch files
* And then mirgates data. Standard Interfaces like BAPI or Idoc are used in this process.
Consignment stock is the material which is lying in the premises but is not owned by the company. It has no value assigned to it until it is taken into own stock. Once it is used in production or to be sold, it is taken into own stock.