Odoo’s Inventory module is a robust tool designed to streamline and optimize your organization’s inventory management processes. It offers a wide range of features that help you:
Core Functionalities:
Product Management:
– Create and categorize products with detailed attributes like weight, volume, and cost.
– Manage product variants and options.
– Set up barcode scanning for efficient product identification.
Stock Operations:
– Track inventory levels across multiple warehouses.
– Manage stock movements (incoming, outgoing, internal transfers).
– Generate purchase orders and sales orders.
– Process returns and adjustments.
Valuation Methods:
– Choose from various valuation methods (FIFO, LIFO, Average Cost) to accurately calculate inventory value.
– Implement lot and serial number tracking for granular control.
Physical Inventory:
– Conduct physical inventory counts to reconcile system records with actual stock levels.
– Generate inventory valuation reports.
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