In my 15 years of career in the supply chain, I have seen companies manage their stocks well but I have also seen companies manage their inventory in Excel. 0 real-time visibility and it is more difficult to track stock movements in the company.
What distinguishes Odoo's Inventory application is its smart approach to stock management. Everything relies on smooth movements between physical or virtual locations, rather than traditional in-and-out entries.
Odoo brings together all the features a business needs to operate efficiently:
- Automated replenishment: The system generates your purchase or manufacturing orders according to your minimum stock rules, your ongoing sales, and supplier lead times.
- Native barcode application: Use terminals or simple mobile devices to scan and speed up your receipts, internal transfers, and shipments.
- Complete traceability: Track every movement accurately. Manage your lot and serial numbers, from the supplier to the end customer.
- Advanced inventory management strategies: Easily manage multi-warehouses, drop-shipping, cross-docking, and smart storage strategies (Putaway rules).
- Real-time reports: Instantly access the valuation of your inventory and make informed business decisions based on data.
You buy, move, and produce the right quantity, at the right time, with precision. Build a solid technological foundation so your team can finally focus on the continuous optimization of your processes, instead of manually entering data into 2-3-4 applications.
And you, how are you calculating your reorder points and managing your inventory right now?
Youtube Video of Inventory features
Mathieu Dagenais, Eng.
Synthos Consulting & Technology
#Odoo#SupplyChain#InventoryManagement#SMEsQuebec#SynthosConsulting#BusinessProcesses#Manufacturing