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In Odoo, a serial number is a unique identifier assigned to an individual product to track its movement throughout the supply chain. It’s one of the two main methods for product traceability within the software, alongside lot numbers which identify batches of products. Here’s a breakdown of serial numbers in Odoo: Function: Serial numbers distinguish […]
The purpose of the Least Packages removal strategy in Odoo is to optimize inventory management by minimizing the number of packages opened to fulfill orders #odoofunctionalvideos Scenario: Imagine you have a product called “Flour” with a unit of measure in kilograms (kg). You store Flour in two types of packages: Large packages: Each containing 100 […]
Odoo uses reservation methods to control how and when products are reserved for deliveries or manufacturing orders. This helps ensure you have the stock on hand to fulfill orders without overselling. There are three main reservation methods in Odoo: At Confirmation: This method automatically reserves products when a sales order is confirmed, if there’s enough […]
Software for the rental of equipment is essential for business owners and proprietors of businesses as it improves operations and aids in asset management. It facilitates equipment operation for organisations by offering real-time data assistance and visibility. Some businesses have commenced utilising this advantageous instrument. #odoo17 Equipment rental software is essential for resource tracking due […]
Wave transfers are a feature in Odoo’s inventory module that allows you to group multiple transfer operations together and process them as a single unit. #odooinventory #odoo17 #odoofunctionalvideos This can help improve efficiency by: Reducing the number of trips your warehouse staff needs to make. Optimizing picking and packing processes. Saving time and effort compared to processing […]
LIFO can also be used as a removal strategy for managing stock movements within a system, such as a warehouse. In this case, it dictates that when items are needed, the most recently added ones are picked first. This can be useful for: Preventing obsolescence: This ensures older items are used first, reducing the risk of them expiring […]
Odoo allows you to manage and track the expiry dates of perishable products. This helps in reducing product loss due to unexpected expiry and ensures you don’t sell expired items to customers. However, this functionality is only available for products tracked using lots or serial numbers. Here’s what you need to know about expiry dates […]
In Odoo, consignment refers to a specific inventory management process where you, as the consignee, store and sell products owned by another party, called the consignor. #odooinventory #odoo17 You don’t actually purchase the products upfront, but rather sell them on behalf of the consignor and earn a commission based on the sales. #odoofunctionalvideos Benefits of […]
A shipping policy is a concise online document that provides crucial information about shipping costs, delivery times, and methods. A complete resource for customers, it should be precise, understandable, and transparent. It should also frequently include a return and exchange policy. A shipping policy is frequently needed by online buyers to calculate upfront charges based […]
A consumable is a physical product that is treated like a stockable product, with the exception that stock management is not taken into account by the system. You could buy it, deliver it, or produce it, but OpenERP will always assume that there is enough of it in stock. It never triggers a procurement exception. […]
