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