Why is Odoo a good fit for the manufacturing industry
The management of inbound and outbound operations in the manufacturing industry has been divided into numerous segments as businesses have grown and expanded. A centralized control mechanism is required to ensure smooth and effective business operations. Material sourcing, purchasing, order, inventory, invoicing, accounts, and human resource management operations can all be automated, giving businesses the infrastructure they need to thrive. ERP stands for Enterprise Resource Planning, and it is a type of business management software that allows for centralized real-time control of corporate activities.
ERP combines enterprise data with secure permission channels to enable hierarchical access, as it is an integrated system of applications. Odoo ERP is the only software platform that allows manufacturing companies to manage warehouses, inventory, supply chains, workforces, CRM, HRM, accounting, finance, and ECommerce. Odoo ERP is the ideal business administration platform for SMEs and large corporations, thanks to its customizable features and inexpensive implementation costs.
Nile Bits provides Software as a Service (SaaS) for a variety of ERP solutions, including but not limited to manufacturing. Manufacturing organizations can use our Odoo Application development services to streamline operations and boost return on investment. Using Odoo ERP to expand the manufacturing industry has a lot of advantages.
Manufacturing Advantages of Odoo ERP
We assist manufacturers in identifying pain spots and developing the finest manufacturing ERP that is powerful, flexible, and aligned with their company objectives.
Management of Master Data
In the proposal, the most resourceful ERP structural architecture is scattered and modular. Odoo includes built-in master data management, which allows businesses to implement business operations without duplicating or fragmenting data. Master data management ensures the secure transfer of corporate data, reduces downtime, and streamlines business processes.
Automation
With more systems getting digital, it’s more important than ever to automate supply chain procedures. Invoicing and payments, picking, tracking, packing, inventory updates, sale across many channels, and applying actions to bulk orders of enormous volumes are all activities that can be readily automated using Odoo. This translates to greater efficiency, accuracy, and production, as well as lower operational expenses and enhanced employee safety.
Management of the Product Lifecycle
Odoo enables businesses to track many versions of a product and manage their progress accordingly.
Quality Assurance
Odoo ERP has the ability to run enterprise quality checks based on a few triggers. Providing a comprehensive picture of quality assurance workflows. Odoo automatically sends maintenance requests and even schedules activities as necessary.
Forecasting
Odoo ERP provides manufacturing companies with analytical capabilities to analyze large datasets, identify patterns, and forecast future trends in order to focus on business strategies. Businesses can use predictive skills to focus on production in order to meet future demands and earn customer loyalty.
Returns
Odoo ERP helps organizations increase profits by increasing operational efficiency, increasing labor productivity, and improving customer happiness.
Management of the Workforce
Odoo’s HRM module makes improved recruitment possible by automating basic separation of personnel based on essential criteria for the role. This includes training and development, management of talents and skills, salary records, and all personnel information. Odoo also includes the ability to schedule and monitor work for employees.
Nile Bits customizes our base ERP software to meet your needs, resulting in the most successful Odoo ERP software for manufacturing.
Special considerations:
The open source ERP for manufacturing has been successfully tested with clients.
Purchase Management with Odoo
With Odoo, purchase management is one of the most important aspects of a corporation. As a result, a dependable buy order management system is necessary to aid businesses in their procurement processes. Inventory management and the buying module are strongly linked. The Purchase Management Module automates the following buy processes: procurable propositions, quotation requests, purchase order tracking, product delivery monitoring, and supplier management and check.
Odoo Sales Management
The sales administration module in Odoo is the most important module since it handles sales order management. It also gives you effective control over your sales department. Odoo’s sales management module is linked to emails, allowing users to submit invoices straight from the system, saving time and decreasing human entry. The sales management module also schedules the delivery of items according to the time specified in the invoice.
The Odoo Sales module can be further customised to meet specific corporate or organisational demands. Key filtering is also provided to display the sales order according to the date, pricing, and sales stage. Odoo features a fantastic user interface that allows users to see all of their sales orders on a single screen.
Odoo sales management gives you all of the data you need about the sales department.
Odoo Quotation Management
This module allows you to generate quotations independently of the selling order form. This is especially useful for quoting services because the time for each activity must be calculated using a product of service type, such as consultant day or hour, rather than the final result. You can create a project with one job for pre-sales management, a project with all of its tasks based on the quotation requirements, or a sales order with sales order lines based on the requirements, all from the quote.
Odoo POS (Point of Sale) Software
The Odoo Point of Sale, or POS, application is part of Odoo’s integrated business suite. This module transmits consistent data across all stores and even incorporates inventory management services. It is available both offline and online.
Warehouse management, marketing, accounting, and project management modules are included in Odoo’s POS, which is an open-source company module collection. Inventory tracking, wireless support, receipt and label printing, customer history, and automated stock reordering are all features of the POS module.
Odoo’s POS comes with a simple, user-friendly interface, quick billing and invoice production capabilities, product management capabilities, and much more. Touch Screen POS Terminals, Receipt Printers, Customer Facing Displays, Secure Cash Drawers, and other devices are all compatible with Odoo POS. Odoo’s point of sale allows users to access relevant business data at any time, from any location, and on any device. Odoo Point of Sale allows you to manage your inventory and accounts directly from the POS screen.
E-Way Bill
The e-way bill is a crucial document for transporters who need to ship products valued less than INR 50,000 within or across states. Uploading transportation records containing information of products and vehicle numbers is required to file an E-Way Bill. Either the form must be filled out manually or the JSON of details must be uploaded immediately when producing an E-Way Bill.
Odoo E-Way Bill assists transporters in preparing a JSON report containing details, making E-Way Bill filing easier. The module also allows you to consolidate your E-Way Bill and update your car number at any time.
