Track every stock move from purchase to warehouse bin to
sale orders with real-time dynamic reports.
Optimize Your Warehouse's Performance
Unlike traditional inventory systems that rely on stock input, output, and transformation, Odoo's system operates through stock moves between locations. This approach eliminates unnecessary steps and simplifies the inventory management process.
Say goodbye to stockouts and excess inventory
Setting order points, you can ensure that your inventory is always maintained at the appropriate levels. When stock falls below the designated order point, the system will automatically generate an RFQ to replenish the inventory.
Managing multiple warehouses
Dropping to Managing shipments
Providing complete visibility
Frequently asked questions
Improved Inventory Control and Forecasting/Projection: Accurate inventory forecasting and projection are critical to ensuring that you have the right amount of stock on hand to meet demand. By analyzing historical sales data and market trends, you can optimize inventory levels and avoid stockouts or excess inventory.
Barcoding & Scanning: Implementing barcoding and scanning technology can improve inventory accuracy and speed up the inventory counting process. Barcoding and scanning can also help prevent human error and ensure that inventory records are up-to-date and accurate.
Improved, Actionable Inventory Analysis: Effective inventory management requires regular analysis and reporting. By utilizing inventory analysis tools, you can gain actionable insights into your inventory performance, identify trends and issues, and make data-driven decisions.
Configurability: Every business has unique inventory management needs. Choose a system that can be customized to fit your specific requirements and workflows.
Integration and Interfaces: Inventory management software should integrate seamlessly with your existing systems and interfaces, such as your accounting or e-commerce platforms. This ensures that your inventory data is always up-to-date and accurate.
Managing the flow of raw materials is critical to the success of any inventory management system. By minimizing overstocks, improving efficiency, and staying on top of inventory levels and demand, businesses can optimize their operations and stay competitive in today's marketplace.
Odoo's inventory management system tracks and records all communication between inventory and documents at every stage of the warehouse process. It provides a comprehensive overview of inventory processes and can be used to track overall inventory performance. Many open-source inventory management software options are available on the market.
Effectively track deliveries, resupplies, and current stock levels with the help of Odoo's Inventory app, which is an open-source software solution. They can easily determine who received a specific batch of masks, as well as when and how they received them. This has been incredibly beneficial in terms of saving time and lives.
There are four main types of inventory:
1. Raw materials/Components
3. Finished Goods