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In Odoo’s inventory management system, landed cost refers to the total cost of a product delivered to your warehouse, including the initial purchase price and additional expenses incurred during shipment. This incorporates costs like: Transportation fees (domestic and international) Customs duties and taxes Insurance Currency conversion fees Handling charges There are different split methods in […]
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 […]
