The Impact of Odoo on Supply Chain Management and Logistics

Supplier

The ones that supply raw materials for the final products are known as suppliers.

Manufacturer

The suppliers supply the raw materials to the manufacturers which will be used in making the product.

Distributor

After the product is manufactured it is then sent to the distributor which later goes to the customer.

Customer

Once the customer buys the product from the distributor in good condition, the process of the supply chain gets completed.

Improves workflow

The Odoo ERP utilizes the raw data systematically and visualizes the workflow with the help of bar graphs, pie charts, and other visualization techniques. This will help businesses to understand the time spent on each operation. Having such clarity in the workflow will help businesses in better productivity and resource management.

Increases the efficiency of management

Another benefit of Odoo ERP is that it comes with various modules that can help improve the management efficiency of a manufacturing and trading company. This means the Odoo ERP will help you automate your business operations, therefore eliminating the need for manual monitoring.

Enhances human resource management

Implementing ERP solutions with the help of Odoo development company will streamline the business operations and even boost it, allowing them to manage their employee database like information, salary, memo, and more with ease.

Furthermore, the Odoo ERP also offers modules like timesheet management, payroll, employee directory, etc.

Cutting-edge customer relationship management

Implementing Odoo ERP with CRM is a great option as it gives a competitive edge to customer assistance and relationship management operations. Odoo ERP implementation will also help customer service agents follow up on quality sales leads and help schedule meetings with them.

Adaptable warehouse management

Lastly, the Odoo ERP comes with a warehouse management module that benefits from various features boosting productivity, efficiency, and quality analysis. Apart from that, it also manages other KPIs with real-time data along with internal/external locations, supply chains, and more.

These features can help business associates to manage incoming and outgoing shipments and also make important decisions regarding inventory management, supply chain management, etc.

Inventory management

This is basically a type of supply chain software that features a tracking system that tracks and manages the availability of raw materials, and quantity of products, and also helps in integrating barcodes.

Order management

This feature eases the process of performing multi-tasks like purchasing orders, scheduling deliveries from suppliers, and more with the help of automated purchase processes.

Return management

This is an extremely important feature as it deals with many crucial tasks accurately. Return management features your company to evaluate damaged items and helps in sorting out products and money refunds while maintaining stocks efficiently.

Logistics

Odoo ERP helps the supply chain management software to improve the process of delivering products to customers, resulting in the transformation of transportation procedures, enhancing customer satisfaction, and increasing revenue.

Procurement

Another important feature is procurement which helps in keeping the supply process running smoothly. Procurement can be referred to as the process of ordering the products as required and avoiding bulk goods. The supply chain management software can help you in accelerating the process of making purchases and payables.

Forecast & planning

Companies can analyze customer demand forecasting and offer necessary changes that can be done with the help of supply chain management software. This feature can help companies know their customer’s tastes in products.