Like the other Odoo applications the Warehouse Management System can be used alone or integrated with the other applications, it’s is one of the most reliable applications supported by the barcode interface which ensuring a smooth running of the warehouse function. The warehouse management application is used to manage the stocks, incoming shipments, delivery orders, maintain minimum stocks depending on the demand, and invoicing based on the delivery or reception, the warehouse application should be connected to all the core business applications such as Sales, Purchasing, and Accounting in order to run the warehouse operation smoothly.
Warehouse application has some advanced features too, such as computing the inventory valuation and updating the balance sheet and profit and loss account based on the inventory movement when the inventory valuation is set to compute automated as Accounting and Warehouse have well-defined integrations.
It is hard to imagine a business being run without integration between warehouse and other core business functions, that is, sales, purchasing, and accounting.
Odoo Warehouse Management is one of the base applications (as important as accounting, sales or purchase) and is fully integrated with those core applications. It manages consumable and stockable products, it computes the inventory valuation efficiently depending on the stockable or consumable items, while the costing can be measured for all the material, either stockable or consumable.
The core functionality of Odoo Warehouse Management is to track incoming shipments and outgoing deliveries, issue materials for internal use, and manage serial numbers, lots and packs. Odoo is powerful and well integrated; it can manage the complex business functions such as stock valuation and real-time linking with balance sheets, compute the cost of goods sold in real time and link them to the profit and loss statement, manage advance routes such as cross-dock or drop shipping, and manage multiple warehouses at multiple locations.
In summary, Odoo warehouse is a simple and powerful application. It can manage a small shop and at the same time, is capable of managing the huge enterprise warehouse.
Let's look at all these features of the Odoo Warehouse Management System in detail and see how easily they can be implemented in your business.
