Odoo 18, the most recent version of the fantastic open-source ERP system, has features that will help to improve warehouse and inventory management duties. Odoo’s cutting-edge features help firms achieve high productivity, reduce errors, and improve visibility in various operations, including small and large warehouses. Let’s now examine the most significant improvements:
- An improved user interface (UI) that makes navigating simpler
The new Odoo 18 includes a completely redesigned and user-friendly interface for the Inventory and Warehouse Management applications. This layout facilitates faster access to common tasks and more seamless and intuitive navigation. This goes beyond simply granting newly categorised users access to existing capabilities like product movements, stock levels, and warehouse activities. This would allow warehouse managers and their employees to make better decisions more quickly by reducing the time spent looking for such information.
- Integration of Advanced Barcode Scanning
Odoo 18 includes advanced barcode scanning, which is still a crucial aspect of warehouse management. Employees may now scan things more quickly around the warehouse thanks to the device’s improved barcode scanning capabilities. Additionally, the updated edition supports batch scanning, which allows several devices to be scanned simultaneously, saving time during stock counts and transfers. Businesses with large inventory or a high product turnover rate may especially benefit from this feature.
- Assistance with Multiple Warehouses and Locations
The Odoo 18 system has been enhanced to help all locations and multi-warehouses manage their operations more efficiently. Thanks to the technology, a business organisation may now activate and track inventory across several warehouses, regardless of whether they are situated in different nations or regions. The flexibility is enormous for businesses that have continued operations while simultaneously managing items from many places. It is feasible to update inventory levels completely in real-time, giving managers insight into how product availability appears throughout all warehouses.
- Predicting Stock Levels Intelligently
Smart algorithms for the new intelligent inventory forecasting, avoiding stockouts or overstocking, have arrived with Odoo 18. Additionally, the system analyses past sales and stock levels to forecast when to
place precise product orders that will meet future demand. That predictive ability is great for organisations optimising carrying costs, cash flow, and stock levels.
- Automatic Replenishment of Products
Odoo 18’s automatic product replenishment feature adds yet another forecasting enhancement. It would use real-time stock data and indicative threshold levels to generate buy orders or transfer orders for an item automatically. No company will have to check its stock levels constantly. A warehouse may stay stocked without worrying about overordering because Odoo will automatically initiate replenishment operations if the stock reaches a predetermined level.
- Batch and serial number tracking
Odoo 18’s batch and serial number monitoring is far more effective for companies that sell or manufacture goods that need to be tracked. Tracking the flow of a product from the time it enters a warehouse until it is dispatched to a consumer will now be simpler. This will fully adhere to regulations and give companies importing goods—like food, medications, or electronics—more transparency.
- Optimization Routing of Warehouse
In version 18, Odoo added sophisticated warehouse routing optimisation features that identify the most effective path for a product to be moved or stored. Warehouse managers can develop and improve sophisticated rule-based workflows by, for instance, creating routing rules depending on the type of product, where to find required products, and how rapidly they are moving. For example, slow movers would be the furthest away from packing facilities, but fast movers may be much closer. Because picking and packing times are affected, there is flexibility in the routing, which improves the overall effectiveness of warehouse operations.
- Real-Time Stock Reporting and Valuation
The valuation and reporting of Odoo 18 stocks also reflect this improvement. The financial value of stock stored using various valuation techniques, such as FIFO (First In, First Out) and LIFO (Last In, First Out), is instantly updated for warehouse managers and accountants. Businesses can better understand their inventory expenses, stock turnover, and profitability thanks to new reporting tools, which help management make the necessary decisions about pricing, purchasing, and storage.
- A Mobile Management Application for On-the-Go
Use the innovative Odoo mobile application to create your mobile application. Warehouse employees may now control inventory directly from their cellphones or tablets thanks to the latest version 18. They are not required to visit the warehouse to process orders, receive deliveries, check stock levels, or even perform stock counts. The ability to move about ensures warehouse employees have up-to-date information on everything related to their inventory.
- Odoo Applications’ Wide Connectivity
One of Odoo’s greatest features is its ability to integrate easily with various business operations; Odoo 18 improves on this integration. All other modules, including manufacturing, sales, and purchasing, can now communicate with inventory and warehouse management modules. For example, the system eliminates data silos, increases operational efficiency, and lowers errors by updating stock levels and initiating replenishment orders as necessary in response to a sale order.
- Quick and Dependable Stock Movement
Odoo 18 creates stock movements that are quicker and more dependable. Employees in the warehouse may create transfer orders, select and pack, and follow orders in real time with fewer clicks. This streamlines everything and lowers the likelihood of errors caused by manual intervention when shipping or transferring items. To guarantee that stock always stays at optimal levels, “just-in-time” stock replenishment and system updates were added to inventory records.
The goal of Odoo 18 was to improve warehouse and stock management by providing businesses of all sizes with more intelligent, efficient, and productive solutions. For instance, better forecasting, automation, reporting, and mobility have allowed businesses to simplify complex problems and improve their stock management to an unprecedented level. Any company looking to have more appropriate and efficient warehouse operations can utilise Odoo 18, among the best-quality and most scalable alternatives available. Therefore, implementing Odoo 18 inventory and warehouse management would significantly change how things are done, whether managing a small firm or a large enterprise.
