Odoo is highly customizable, as it can be tailored to fit the exact needs of every company. In addition to modifiable database configurations, it also uses a modular system, where it starts with the most basic features and allows companies to add features through modules. These can be chosen from one of the many modules already available
Odoo is offering many modules like purchase and inventory management. Odoo Inventory Management is at once very simple, flexible and complete. It is based on the concept of double entry that revolutionized accounting: ‘Nothing lost, everything moved’. In Odoo, we don’t talk about disappearance, consumption or loss of products; instead we work with stock moving from one place to another.
The Odoo Inventory allows you to:
• Manage your basic stock operations
• Get Full Traceability
• Value your Inventory Using FIFO, LIFO & FEFO Methods
• Handle Different Logistic Units from a Pack to a Pallet
• Deal with Multiple Warehouses and Stock Locations
• Automate your Stock Management
• Get a Full View of your
Get the most efficient stocking method and improve all your internal operations. Odoo's double-entry inventory has no stock input, output or transformation. Instead, all operations are stock moves between locations.