With the growth of the manufacturing business sector and with the increasing demands of consumers, managing the outbound and inbound processes is now distributed into different segments. For efficient business management and smooth business operations to be managed under a centralised platform, manufacturing businesses need to adopt a modern, powerful, feature-rich, and cost-effective tool or software system like Odoo ERP. Odoo automates all manufacturing business operations under a centralised and integrated platform. Automation of processes like material sourcing, invoicing, inventory, purchases, quality control, human resource management, accounting, and more offer manufacturing ventures the much-needed interface to grow and prosper. Odoo facilitates centralised & real-time management of all manufacturing business operations.
Odoo is an all-in-one integrated ERP system and has thousands of in-built applications or modules in the Odoo App Store. Combined with the low implementation costs and customisable features and modules, the ERP has proved to be the perfect ERP tool for the manufacturing industry as well as many other business sectors today.
Here are the benefits of Odoo for manufacturing businesses.
Master data management
Odoo ERP has an in-built master data management feature or module that allows enterprises to integrate business operations without any data being fragmented or duplicated. Master data management feature administers the exchange or transfer of business data, simplifies business processes, and eliminates idle time, making data management much simpler, faster, and error-free.
Automation
With almost everything going digital, it has become essential to optimise the supply chain workflows and automate the same. Business operations like invoicing, accounting, human resource management, inventory management, sales and purchase management, customer relationship management, quality checking and more and workflows can be automated and efficiently managed with software systems like Odoo ERP. And this results in efficiency, more accuracy, reduced operational costs, and increased and improved productivity.
PLM or Product Lifecycle Management
Odoo ERP software facilitates businesses to follow different versions of a product & manage its course accordingly.
Quality control
Odoo offers enterprises the ability to check the quality of the raw materials as well as the finished goods against a few factors. The ERP gives a complete overview of the processes related to quality assurance. Also, whenever required, the ERP automatically sends maintenance requests and schedules operations as well.
Forecasting
Odoo offers manufacturing businesses some analytical tools for observing huge datasets, establishing patterns, and predicting future trends for working strategies businesses need to focus on. Odoo’s predictive capabilities enable manufacturing businesses to put more focus on production to meet current and future demands and earn consumer loyalty.
Returns
The ERP software assists manufacturing firms to maximise return or their ROI by improving and escalating their workforce productivity, enhancing their operational efficiency, and improving customer satisfaction.
Workforce Management
Odoo’s HRM or human resource management module makes employee management processes like dividing and assigning work to the employees based on their roles and capabilities, managing the leaves and attendances of the employees, the other activities performed by the employees of human resources, their skills and capabilities management, management of their compensation records, and all other employee data simpler, faster, and much more efficient. The ERP also has an employee scheduling feature for scheduling and monitoring tasks.
Odoo purchase management
Purchase management with this ERP software can be easy and efficient. In a manufacturing business, you have to deal with and manage huge volumes of purchases at a time and Odoo’s purchase management module simplifies this by automating and streamlining the entire purchase management process. In Odoo, the purchase management module or app is integrated with the inventory management module. And the purchase management module automates the purchase process and related tasks including initiating quotations requests, tracking the purchase orders, managing and checking suppliers, monitoring product delivery, and procuring propositions.
Odoo Sales management
Odoo’s sales management module is one of the most commonly used and important modules that every business needs and uses. This module in Odoo automates and streamlines the sales management process. With the integration of the sales management module into your manufacturing business, you can have effective control over your business sales and orders. The module is also interlinked with emails also ensures an easy, quick, and automated invoice-sending process to the customers directly from the system, reducing manual entries as well as saving a lot of time. The module sets off the delivery of goods as per the mentioned time in the invoice.
Also, Odoo’s sales management module can be customised as per business requirements. In addition to this, features like key filtering are there to view all the sales orders based on date, timing, pricing, and product categories. The ERP has an intuitive interface that users can use for managing huge volumes of sales and orders efficiently at a time under a single screen. Odoo’s sales module gives you complete information about the sales and orders department.
Quotation management
The Quotation management module lets you generate quotations separately using the sales orders data and forms. This specifically helps to quote services where the timespan for every single task needs to be estimated, which is not actually the final product but a product or service type, for instance, a consultant for a day or hour. Also, from the quotes, users can easily generate a project with a task for pre-sales management, a sales order along with sales order lines from the business requirements, or a project with all the tasks in the quotation management.
Odoo POS or Point Of Sale system
Odoo POS or Point Of Sale is one of the most commonly used applications or modules of Odoo. This app or module can be accessed both online and offline and can automatically send unified data to all the stores and can even integrate the inventory management functions.
The POS module of Odoo, being an open-source module, includes marketing, warehouse management, project management, and accounting management modules. Features of the Point Of Sale module include wireless support, inventory tracking, label prints, receipt prints, automated stock recording, and customer history management.
Odoo’s POS module can be installed with a user-friendly interface, invoice creation facility, quick billing, product management options, and more. The POS module is fully compatible with the touch screen Point Of Sale terminals, secure cash drawers, customer-facing displays, receipt printers, etc. The POS in Odoo ERP helps to access the required business data from anywhere, at any time, and from any device. This module helps to efficiently manage accounts and inventory right from the Point Of Sale screen.
Apart from these, Odoo manufacturing helps to automatically create BOM or Bills Of materials, helps with automated and efficient quality control, management of semi-finished goods, plans the purchase of raw materials, provides real-time customer support, simplifies and automated material stock management and more, ensuring a streamlined and much easier and efficient manufacturing workflow under a single integrated platform. And there’s no better ERP software for the manufacturing industry than Odoo ERP in 2023.
Conclusion
Apart from these, Odoo manufacturing helps to automatically create BOM or Bills Of materials, helps with automated and efficient quality control, management of semi-finished goods, plans the purchase of raw materials, provides real-time customer support, simplifies and automated material stock management and more, ensuring a streamlined and much easier and efficient manufacturing workflow under a single integrated platform. And there’s no better ERP software for the manufacturing industry than Odoo ERP in 2023.
Author Bio
…………..is a highly proficient and experienced Odoo ERP consultant associated with a top-rated and reliable Odoo implementation company, Envertis Software Solutions. The author has written this article to let you know how Odoo benefits the manufacturing business sector.
