How to Manage Package Reservation in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 Release Date – CBMS Odoo ERP

Odoo 18, package reservation is a crucial feature for efficient inventory management, especially when dealing with products that are packaged in specific units. It ensures that the right quantity of packages is reserved for outgoing shipments, preventing stockouts and improving order fulfillment accuracy. Key Points: Product Packagings: To enable package reservation, you need to define […]

How to Manage Expiry Date in Odoo 18 Inventory | Odoo 18 Inventory Tutorials | Odoo 18 New Features – CBMS Odoo ERP

Managing Expiry Dates in Odoo 18 Inventory Odoo 18 provides a robust system to manage expiry dates for products tracked by lots or serial numbers. Here’s a step-by-step guide on how to set it up and use it effectively: 1. Enable Expiry Date Tracking: * Go to Inventory — Configuration — Settings. * In the […]

How to Setup Automatic Reordering Rule in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 Release – CBMS Odoo ERP

Automatic Reordering Rules in Odoo 18 Inventory Automatic reordering rules in Odoo 18 Inventory are a powerful tool to streamline your inventory management and ensure you always have enough stock on hand to meet customer demand. These rules automate the process of creating purchase orders or manufacturing orders when stock levels fall below a certain […]

Removal Strategy: LIFO in Odoo 18 Inventory | How LIFO Works in Odoo 18 Inventory | Odoo 18 Features – CBMS Odoo ERP

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 […]

How to Create Warehouses & Location in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 Release – CBMS Odoo ERP

In Odoo 18, Warehouses and Locations are crucial components of inventory management, allowing you to efficiently organize and track your stock across different physical sites and storage areas. Warehouses Warehouses represent physical locations where your products are stored. They can be configured with: Physical Address: This helps in tracking the physical location of the warehouse. […]

How to Manage Closest Location in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 Release Date – CBMS Odoo ERP

The “Closest Location” removal strategy in Odoo 18 is a method to optimize picking operations by selecting products from the storage location that is physically closest to the picking area. This strategy aims to minimize travel distance and time within the warehouse, leading to increased efficiency and productivity. How it Works: Location Sequencing: Assign alphanumeric […]

How to Implement Least Package Removal Strategy in Odoo 18 Inventory | Odoo 18 New Features| Odoo 18 – CBMS Odoo ERP

The Least Packages removal strategy in Odoo 18 is designed to optimize inventory management by minimizing the number of packages opened to fulfill orders. This strategy is particularly useful when dealing with products stored in various package sizes. How it Works: Prioritizes Partially Filled Packages: When an order is placed, Odoo will first attempt to […]

Removal Strategy: FIFO in Odoo 18 Inventory | How FIFO Works in Odoo 18 Inventory | Odoo 18 Features – CBMS Odoo ERP

FIFO (First In, First Out) is a common inventory valuation method where the oldest inventory items are sold first. In Odoo, you can configure this strategy for specific product categories to ensure accurate cost calculations and financial reporting. How to Set Up FIFO Removal Strategy in Odoo: Define Product Categories: Create product categories to group […]

How to Manage Incoming Shipment in 2 Steps in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 – CBMS Odoo ERP

Two-Step Incoming Shipments in Odoo 18 Odoo 18 offers a flexible two-step process for incoming shipments, allowing you to better manage your inventory and streamline your receiving operations. This process involves two distinct steps: Step 1: Input * Create a Receipt: * Go to Inventory — Receipts. * Create a new receipt and select the […]

How to Manage Incoming Shipment in 1 Step in Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 – CBMS Odoo ERP

In Odoo, an incoming shipment in one step is a streamlined process for receiving products directly into stock from a vendor without any intermediate steps. This is the simplest way to handle incoming shipments, making it suitable for small warehouses or businesses with straightforward inventory management needs. Here’s a breakdown of the one-step process: Purchase […]