Odoo Inventory is a powerful module designed to efficiently manage warehouse operations and inventory tracking. Here’s a basic overview of its functionalities:
Key Features
- Multi-Warehouse Management: Manage multiple warehouses and storage locations within each warehouse
- Product Management:
- Create and categorize products.
- Configure product types: Storable, Consumable, and Service.
- Set up barcodes, serial numbers, and product variants.
- Stock Operations:
- Incoming Shipments (Receipts)
- Internal Transfers
- Delivery Orders (Shipments)
- Stock Moves & Rules:
- Track stock moves from one location to another.
- Define reordering rules, routes, and push/pull rules.
- Inventory Adjustments:
- Perform physical inventory counts.
- Adjust stock levels as needed.
- Traceability:
- Track products by serial numbers or lot numbers.
- Maintain full traceability across the supply chain.
- Inventory Valuation & Reporting:
- Real-time stock valuation (Standard Price, FIFO, Average Price).
- Generate detailed reports for inventory analysis.
- Barcode Scanning:
- Integrate barcode scanners for faster operations.
- Dropshipping & Cross-Docking:
- Efficiently handle dropshipping and cross-docking scenarios.
- Product Expiry Management:
- Manage perishable items with expiration dates.
- Inventory Forecasting:
- Automated reordering based on demand forecasts.
- Multi-Company Management:
- Handle inventory operations for multiple companies within the same database.
Typical Workflow
- Product Setup: Define your products and configure their types and categories.
- Receiving Goods: Process incoming shipments and update stock levels.
- Managing Internal Transfers: Move products between locations or warehouses.
- Delivering Orders: Prepare and validate outgoing shipments.
- Adjusting Inventory: Perform stock counts and correct discrepancies.
- Generating Reports: Review inventory valuation, stock moves, and product availability.