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Please see the below picture to see the main differences bewtween Vendor Consignment x Customer Consignment:

Consignment type

Definition

Special Stock

Stock table

How to assign material to consignment stock?

How to consume material from consignment stock?
 

Vendor Consignment

Vendor is the owner from the consignment stock and it is stored in your company
 

K

MKOL

Via Purchase Order (101 K).

201 K, 261K - via cost center, order

Customer Consignment  

Your company is the owner from the consignment stock and it is stored at the customer’s company.

W

MSKU

Via SD process (631).

633 W - via shipping (SD process).