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A warehouse is typically understood to be a building for storing goods; however, such a simplified vision has nothing to do with its actual functionality. A warehouse is the heartbeat of every supply chain, as it handles a multitude of stock operations – order entry, invoicing, tracking inventory, purchase orders, layout, shipping, and personnel diligence. When one component fails to meet requirements, the whole logistic fails, leading to deficiencies and discrepancies between various departments. Such destructive functioning leads to customer dissatisfaction, loss of interest in a particular business, and thus, financial losses.
Considering all the challenges the warehouses face on a daily basis, there is a need for cover-it-all software, which will help to keep tabs on all the operations executed within. Such a demand created a solution – the Odoo ERP system, successfully implemented by and used by numerous businesses around the world. What is Odoo ERP and how can it benefit the warehouse functioning? Let’s discover this together.
What is an Odoo ERP?
Odoo ERP system is an enterprise resource planning software, which provides every business with the technology required for the automation of all working processes. Odoo is a modular system, which makes it highly adjustable for any type of company regardless of its vertical or size.
Odoo ERP includes a website builder with Odoo CMS, accounting, subscriptions, planning, consolidation, invoicing, timesheets, inventory management, warehouse management, manufacturing MRP, field service, POS (point of sale), Project management, Product Lifecycle Management (PLM), etc. Depending on the changeable needs of the business, the modules can be added or replaced.
According to the experts from VentorTech, Odoo ERP is the choice of Carrefour, Molinard, Fintech, WWF, Medifab, Scaleway, and other ‘big’ players on the market.
What is an Odoo Inventory Management?
Odoo Inventory Management is one of the essential modules to have for every company involved in commerce. Inventory management is a major provider of the company’s ‘healthy’ performance as it allows tracking of all the operations from the supplier to the customer, ensures a sufficient amount of stock, and reduces the risks of inaccurate records or stockouts.
Benefits of Odoo Inventory Management Implementation
1) Better Inventory Traceability
One of the most common reasons for shipping delays and errors is the inability to find and locate inventory in the warehouse. Typically it stems from man-made negligence, as manual coordination is prone to mistakes.
When implementing an ERP like Odoo, you will have access to real-time data regarding the location and quantity of the stock. Basically, every single item and its way to the client can be tracked.
2) Improved Space Layout
Efficient usage of the space is one of the hallmarks of a well-operating warehouse. The usage of Odoo ERP automates all the processes, helps to define and avoid bottlenecks, and streamlines a seamless flow of warehouse traffic.
3) Full Control
Odoo ERP gives every business manager full control over all the processes that occur at the warehouse. What’s even more important, there will be no need for numerous apps, as a single platform will give real-time insights into all the movements. Such efficiency provides more timely decisions, which benefits overall business functioning.
4) Better Planning
Odoo ERP helps to plan and track all the activities within the warehouse, including the time for loading and unloading, arrivals and departures, spot booking, etc.
5) Enhanced Warehouse Functionality
Implementation of Odoo ERP provides full logistics automation, which benefits the facilitation of warehouse life. Apart from an improved on-site organization, Odoo ERP decreases the company’s unnecessary spending, as all the items will be controlled, with no chances for overstocking.
6) Enhanced Problem Detection
In case there is an issue with one item or a group of items, it is easy to track them down and withdraw them from the stock. It will prevent other customers from getting defective goods.
A perfectly-organized warehouse performance will also influence the satisfaction of the customers, as they will get exactly what they ordered in the shortest terms possible. Every satisfied client is a valuable particle in the company’s life.
How to choose the right Odoo implementation company?
Odoo implementation and integration is always a matter of knowledge and experience. There are a few things to consider:
Level of Expertise
It is important to check the company’s website, look through case studies, and read customer reviews, to ensure that the company’s proficiency claims match the real results of their work.
VentorTech, with more than ten years of experience, knows best how to meet any business needs. They have a proven record of successful cooperation worldwide and keep extending the geography of their services.
2. Customization and integration
Although businesses can be from the same vertical, they are all different. The company you are looking for is supposed to know how to modify technical options, in order to fit the business needs.
VentorTech knows all the ins and out of an Odoo modular system, which simplifies its integration with any kind of third-party application.
3. Customer support and training
Odoo installation is just a part of the deal; make sure the company provides extensive training for the employees, including online resources and manuals. Moreover, they need to provide long-term support, in case there are issues with the software.
Business automation isn’t just a convenience nowadays, it is the demand of time. As a warehouse is a constituent part of every business structure, therefore, it is essential to keep control over all the operations executed within. The implementation of the Odoo ERP system, with the help of VentorTech, will start a new stage of your company’s development, and provide its further growth.