Enhance your stock management with Odoo Inventory module in 2024

Optimize your stock management with the advanced features of Odoo’s inventory module.

Implementing it is more convenient to customize batch numbers to flexible reservation management and implementing the “Least packages” strategy to reduce packaging waste. This new version provides increased operational efficiency. Discover how Odoo 17 simplifies change tracking, inventory configuration, and enhances stock management with features like barcode scanning. Automate your stock management and gain precise real-time visibility into your company’s financial situation.

Prepare orders more efficiently with Odoo 17

Benefit from more efficient order management

Odoo 17 integrates the “Batch Assignment” feature in this new version, allowing you to automatically generate batch numbers for products that do not yet have them. This facilitates stock traceability within your company.

With this update, you can also manage product reservations more flexibly and effectively, enabling your company to generate reservations based on product availability.

Customize your products with Odoo

Odoo 17 offers you the best way to define incoterms for each product in your inventory, facilitating communication with your business partners.

Additionally, the “Lot/Serial number properties” feature offers you comprehensive and precise management of products with unique batch or serial numbers.


Optimize operational efficiency by improving time and cost management

Odoo 17 inventory module incorporates the new withdrawal approach called “Least packages”, aiming to optimize order preparation, minimize packaging waste, and increase operational efficiency.

This strategy involves optimizing stock management by avoiding allocating quantities in multiple packages when a single larger package can fulfill the demand. Using this strategy, you can improve your productivity and customer satisfaction.

Odoo also integrates other features, such as “FIFO product cost” to optimize costs and working time. This allows you to manage the cost of your products using the First In, First Out (FIFO) method, aiding in cost maintenance between sold products and products stored in your company, as well as providing accurate financial reports.

This integrated management system allows you to calculate the value of your inventory using actual product costs, providing you with a precise real-time view of your company’s financial situation.

Optimize your inventory

Improve your change tracking process

Odoo 17 allows you to quickly and easily visualize product packaging when processing inventory-related documents, through the integration of the “Display packaging on documents” option.

To facilitate tasks during your product inventory, Odoo v17 integrates an option that allows you to track changes in stock levels over time. This update of product quantities will facilitate your stock level management.

Simplify your inventory configuration

When conducting inventories in Odoo , you can specify the printing process based on the type of operation. This saves time by only printing documents useful for each operation.

Additionally, “The operations menu” feature also allows you to manage inventory-related operations in your company efficiently and organized. The operations menu in the Inventory module of Odoo 17 also provides a way to precisely control your stock and quickly detect any errors.


Improve your stock management process

Minimize manual entries with barcode scanning

By using barcode scanning integrated into receipt reports, you can speed up process steps. This will allow you to start the next phases more quickly by minimizing manual entries and improving operational efficiency.

Similarly, to ensure product availability in your company and efficiently manage your stocks, Odoo integrates the “Reserve/Cancel reservation” button feature.

Easily manage stock movements

Additionally, Odoo incorporates the MTO and MTS method in this module. It automatically checks the availability of your stock products (MTS) or whether they need to be manufactured or purchased (MTO), based on your needs.

Your company can optimize resource utilization and reduce manual efforts related to operations management through the “Shipment-based routing” feature in Odoo 17.

With this new version, you can make a significant improvement aimed at simplifying the process of transferring your products from one location to another within your company.

Automate your stock management with Odoo software

Furthermore, the “replenishment enhancement” feature also gives you the opportunity to automate and optimize your stock management by automating the replenishment process.

At the end of inventory, you can automatically generate a report that allows you to track and analyze how long your stocks have remained in the warehouse. All of this is possible thanks to the integration of the “Stock Aging Report” feature.

Improve your inventory control using the Odoo Inventory module

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If you looking to discover more about the dashboards of Odoo and how they can help your company, don't hesitate to contact us!

Please read Odoo 17 release note

Automate your accounting operations with Odoo in 2024
This feature ensures comprehensive and transparent management of your company.