ODOO- INVENTORY MANAGEMENT

Inventory management is a vital department for a lot of companies that is inventory management is at the fore front of manufacturing, wholesale distribution companies and some many more companies. In the most straightforward of terms, stock control includes having more prominent oversight over a company's stock. Some refer to it as "interior control" to keep track of the company’s resources.

Why is Inventory management important? Understanding how your stock moves in the company whether in a particular warehouse, going in or out of that warehouse assists in lowering costs, saves on time and also prevents loss of orders.

Odoo is an ERP management system contains up to 10,000 applications including inventory management. Why Odoo Inventory Management System? With Odoo you have a more organized warehouse with a smart double entry inventory system. As a company you get the most efficient stocking method and improve all your internal processes. Odoo’s double-entry inventory has no stock input, output or transformation. Instead, all operations are stock moves between locations.

With automated Request for Quotations and Sale Orders you have a more efficient and sufficient supply chain. Your company gets to have a fully automated replenishment system. With Odoo’s inventory management you get to have full traceability of all your stock from your purchase to your warehouse to sale orders.

Reporting is fully automated with Odoo. With just a click of a button you can view reports of specifics in bar graphs, pie charts or line graphs. This gets to save a lot of time on creating reports.