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Learn everything you need to grow your business with Odoo, the best open-source management software to run a company, at In this video, learn how about the different ways to value inventory, including through manual vs automated valuation methods and through standard cost, AVCO, and FIFO costing methods. Other lessons related to this video: – […]
Learn the basics of using a packages in the outbound and inbound process flows. Use the convenient “Put in pack” button in Odoo to quickly place all products in a sales order in a package. This additional traceability feature is useful for businesses that use packages (e.g. pallets, boxes) to move groups of products in the warehouse. 0:00 – […]
In Odoo, FIFO (First In, First Out) refers to a method of inventory valuation and cost tracking. The FIFO method assumes that the first items added to the inventory are the first ones sold or used in production. This means that the cost of goods sold (COGS) and the value of remaining inventory are calculated […]
Learn how to set up and use the first expired, first out (FEFO) removal strategy to streamline your picking process in Odoo. 0:00 – Intro 1:03 – Enable Lot Numbers and Expiration Dates 1:40 – Configure Product 2:45 – Check Expiration with Lots 4:04 – Configure Removal Strategy on Product Category 5:16 – FEFO Flow 6:23 […]
Learn how to set up and use the first in, first out (FIFO) and last in, first out (LIFO) removal strategies to streamline your picking process in Odoo. 0:00 – Intro 0:58 – Enable Lot Numbers and Locations 2:22 – Configure Product 2:56 – Check Lot Numbers 4:05 – Set Removal Strategy on Location 4:56 […]
Learn how to set up and Closest Location removal strategy to streamline your picking process in Odoo. 0:00 – Introduction 1:05 – Enable Storage Locations 1:38 – Configure Location Names 2:47 – Set Closest Location 3:32 – Check Stock by Location 4:28 – Closest Location Flow 5:51 – Conclusion Other lessons related to this video: – Least […]
Learn about the least packages removal strategy to fulfill orders using the most eco-friendly option! 0:00 – Intro 1:02 – Enable Packages 2:00 – Check Packages and On-Hand Stock 2:53 – Set Removal Strategy on Location 3:31 – Least Packages Flow 4:33 – Partial Packages Flow 6:05 – Conclusion Other lessons related to this video: – […]
In this video, learn how to use the First In First Out (FIFO) costing method through the Manufacturing Application. 0:00 – Introduction 1:13 – Check Components in Stock 2:48 – MO for Table 1 4:08 – MO for Table 2 6:56 – Sell Table 1 8:09 – Inventory Valuation (FIFO) 9:13 – Check Product Cost 9:35 – […]
This video explains the removal strategy in the odoo 16 inventory module. Odoo 16 has implemented specific removal strategies to assist us in determining which way products we want to remove from our inventory. As a result, this helps us maintain proper inventory management.#odooinventory Odoo 16 inventory offers four different removal strategies. First In First […]
This video will explain various removal strategies in Odoo such as: First in First Out ( FIFO) Last in First Out (LIFO) First Expiry First Out(FEFO) Closest Location Video Content: ———————– 00:00 – Introduction 00:20 – Activate Product Tracking Managing the inventory by removing the respective products if there is a demand for products should […]