Streamline and Optimize Your Operations with Our Advanced Inventory Management Solution

Inventory management is the backbone of the manufacturing, distribution, wholesale, and retail industry. Poor inventory management may lead to a huge loss in the business. From maintaining stock levels, fulfilling customers’ demands, managing purchase orders, procurement of material, to shipment, all the aspects are associated with inventory management. For the improvement in inventory operations every business, including small, mid-scale, and large, uses inventory management software. It helps in tracking inventory levels, orders, sales, and deliveries. Furthermore, if you are a manufacturer, this system is very useful in creating work orders, bills of materials, as well as other production-related documents.

One of the top inventory management software is open-source software, it perfectly fits into all sizes of organizations. Inventory management in Odoo enables you to handle the entire inventory process in an easier and more intuitive manner. Management of inventory not only involves warehouse operations but also covers activities related to production, purchase, sales, and accounting. Odoo is the best open source warehouse management system and it integrates with other significant modules to make the whole warehouse or inventory operations smooth and error-free. There could be anything in the inventory such as raw materials, semi-finished items, finished products, manufacturing equipment/parts, and more. Also, using a robust system allows you to track stocks level and maintain the right level. To put it another way, you can keep the inventory level right, no more out of stock or overstocking circumstances.

Major Component Of Supply Chain: Warehouse Inventory

For making your supply chain management efficient, you will definitely need the best open source warehouse management system that lets you make the entire warehouse operations seamless. Odoo inventory supports multi-warehouse and multi-location, which means you can handle stocks in multiple warehouses in different locations within a single and centralized system. Furthermore, not only business applications but also Odoo services are exceptional. Also, consistent support is the best thing about Odoo services, if you work with the official partners, they offer implementation, customization, integration services as well as Odoo technical support.

Effective inventory management is not possible without the implementation of smart inventory software. The best open source warehouse management system is designed in such a manner that it can solve any issue related to inventory. Also, you can customize the system as per your company’s requirements with the help of Odoo partners. You can add or remove features in the system, for example, you can add product variants and customize fields on the basis of product type. This open-source warehouse inventory management system is an easy-to-use, flexible, centralized, integrated, and cost-effective platform.

Features of Odoo Inventory Management System:

Get Basic Operation Support

This software lets you manage and control all basic warehouse operations. Easily handle incoming shipments, prepare inventory counts, and more. Furthermore, it supports barcode-based packing as well as scrap management. Also, working with partners enable you to get Odoo technical support in case you face any technical issues.

Exceptional Routing

Odoo WMS supports advanced routing operations, such as drop-shipping, put away and removal strategies, pick-pack-shipping, cross-docking, push & pull routes, etc. It will allow you to choose the most favorable routing as per your business type and requirements.

Multiple Warehouse and Locations

Manage all warehouses and locations within a single system. Furthermore, it will eliminate the chances of errors in the stock levels.

Enhanced Traceability

Never lose any item and keep a tab on each item, incoming or outgoing. Advanced tracking will let you maintain stock levels. As a result, you will get real-time data and it helps in getting clear insight into the whole warehouse and stock levels. There are the following traceability features, such as lots of tracking, serial numbers, and more. It allows companies to track their product inside as well as outside the inventory.

Easily Manage Products

Using Odoo inventory you can define product types, whether it is physical products, services, digital products, or consumables. Furthermore, it supports multi-level variants. It means you can create a pattern or matrix as per the product’s several attributes such as sizes, measurement, and color. Also, you can track expiration dates on products to improve customer experience.