Revamp in Odoo 18 Inventory Overview | Odoo 18 Inventory | Odoo 18 New Features | Odoo 18 Release

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Odoo's Inventory module is a robust tool designed to streamline and optimize your organization's inventory management processes. It offers a wide range of features that help you:

Core Functionalities:

Product Management:

Create and categorize products with detailed attributes like weight, volume, and cost.

Manage product variants and options.

Set up barcode scanning for efficient product identification.

Stock Operations:

Track inventory levels across multiple warehouses.

Manage stock movements (incoming, outgoing, internal transfers).

Generate purchase orders and sales orders.

Process returns and adjustments.

Valuation Methods:

Choose from various valuation methods (FIFO, LIFO, Average Cost) to accurately calculate inventory value.

Implement lot and serial number tracking for granular control.

Physical Inventory:

Conduct physical inventory counts to reconcile system records with actual stock levels.

Generate inventory valuation reports.

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