CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
In today’s video, we’re exploring the Closest Location removal strategy in Odoo 18 Inventory—a feature designed to make warehouse operations faster and more efficient. Instead of picking items from far shelves or using a forklift when stock is already available nearby, Odoo automatically suggests the nearest location for picking. This saves time, reduces effort, and […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]