Usefulness Of Odoo ERP In Inventory Management

Inventory is considered a crucial asset for any ongoing business operation and also, concerns the company’s balance sheet. So, this calls for an efficient ERP system that can help the business owner to avoid any kind stock related mistakes and make better decisions for better internal operations. Everything from stock input-output, drop-shipping to cross-docking and product delivery are taken care by the ERP to add potentialities in managing business inventories of all scale.

Now that it is clear that a properly managed inventory can definitely bring about profitable business growth and expansion, let’s check out how Odoo ERP can contribute to this: (Click to Tweet)

• Resourceful Module For Inventory Management

Being an all in one ERP suite, Odoo is adaptive to any business organisations irrespective of their size and complexity. The Odoo inventory module is crafted by connecting it with certain business-related operations including Purchase and Sale, eCommerce, Manufacturing and Repairs applications, etc. for better efficiency and active management.   

• Centralised Dashboard To Maintain All Business Related data

Odoo is meant to simplify all complex industrial operation management into an integrated platform, allowing data access to the employees across any domain within the organisation. This, in turn, helps the business to keep the assessment record of each of the employees, thereby give an appraisal or warning based on their performance.  

See Also: How Odoo Integration Can Lead Businesses To Success

• Advanced Routing Support Operations

With Odoo, one can initiate advanced cross-docking operations to make sure that the manufactured product is directly delivered to the customer from the supplier. So, there are reduced chances of mistakes or error in order delivery.   

• Multi-warehouse Management Facility

Businesses producing multiple products often require product-wise inventories or warehouses for better production management. Fortunately, Odoo inventory manages multiple warehouses within the same system and also allows your product routes to automate the product transportation between warehouses or locations.  

 

• Tracking Your Product Status Inside And Outside The Inventory

It is a challenging task to keep a real-time record of the inventory product right from the manufacture till delivery as it requires a constant effort. But, Odoo traceability features like Activity log, Lots tracking, Serial numbers, etc. make it easier for businesses.  

Well, these were some details about what Odoo ERP can do in inventory management. Though there are numerous other ERPs available in the market, what makes Odoo the best of all is its exclusive features. If you are looking forward to efficient inventory management for your growing business, contact right away at Vision & Solutions. Hence, get reliable Odoo ERP development in Australia at a fair budget.