Inventory Automation with Odoo ERP
To delight and satisfy your customers who need to resolve product stock shortages, here is a solution that will help you save a lot of time at almost no cost: Automation. Once you have followed the steps to set up your warehouse and chosen your inventory rule, you can delegate some tasks to your system…
Sit back and enjoy!
The goal of automated functions is to perform both difficult and easy tasks without your constant attention. The function is based on the stock levels you have entered, with a minimum amount at which the system must place a new order and a maximum amount that represents the limit the system cannot exceed. Every time an item reaches the minimum level, the system will order it for you. It's that simple!
Handle multiple tasks at the same time
The more information you enter into the system, the less you will have to deal with. For example, if an item is not available from your usual supplier, the system will automatically cancel the order and send a new order to the next supplier you have entered for that particular item. You can also save time and money by setting up the system to search for the best deals.The system will send requests for quotes to several suppliers for the same item and will order from the one that offers the best price or conditions, depending on how you want to operate.
Go where your eyes cannot be. If you have multiple warehouses, set up the system so that you do not have an overload of the same item. When necessary, the system will transfer items from one warehouse to another to balance the quantity.
Also for manufacturing and your own supplies. Your inventory may not only consist of things you sell; some items you have in stock may also be items you need to manage your business and others that you use within a production line.
Anticipating your production will help you establish rules for your own supplies, so that when the time comes to restart production, you won't be stopped by item shortages.
No inventory? It can still be useful. Even if you do not have your own warehouse and instead use a method where you have no inventory, you may want to consider automated functions.
For example, in the case of drop shipping, when a customer places an order with you, you then need to arrange for the item to be sent directly to your customer from a different supplier. If the system orders directly from your suppliers, you gain a double advantage: first, delivery to your customer will be much faster, as it will only take seconds for your customer's order to be sent to your supplier. And you have gained precious time to take care of other tasks, such as growing your business or improving your reputation with good customer service.
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