LIFO (Last In, First Out) is a popular inventory valuation method where the most recently purchased items are sold first. In Odoo 18, you can configure this strategy to automatically select the oldest stock for outgoing operations. How to Set Up LIFO: Enable Lot Tracking: Go to Inventory — Configuration — Settings. Under the Inventory […]
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 […]