ERP system for Supply Chain Management
Supply Chain Management is the whole flow of goods from production to logistics to storage and movement of the goods to the customer. Effective supply chain management helps businesses in achieving good heights by minimizing cost, eliminates wastage and makes process faster. The primary goal of SCM is to fulfill demand, improve customer satisfaction, reduce the operational costs and wastage and help businesses in maximizing their profits.
Types of flow in Supply Chain Management
Supply Chain Management depends on three types of flow. They are Product Flow, Information Flow, Financial Flow.
· Product Flow= Product flow incorporates a smooth flow of goods from the manufacturer to the consumer. This also includes return of goods.
· Information Flow= Information flow is all about updating the status of product delivery.
· Financial Flow= Financial flow is the monetary transaction. Financial flow includes payment schedules, credit terms and title ownership arrangements.
Odoo ERP for effective supply chain management
Odoo ERP is the combination of all the business management tools. Supply Chain is the backbone for every business. With integrating Odoo ERP, businesses can manage their manufacturing and distribution process which makes it easy for them to provide speedy delivery of goods, efficiency and gain customer satisfaction. Odoo ERP enables businesses to automate various processes that comes under supply chain.
1.) Automate the workflow
Automation is the primary benefit of Odoo. With Odoo ERP different processes of supply chain like purchasing, invoicing. Odoo ERP efficiently automates purchasing tasks by sending RFQs to suppliers as it finds that there is a decrease in stock level. Odoo improves supply chain performance with proper procurement rules and replenishment methods. Invoices are generated automatically for the goods sent.
2.) Avail best purchase price
Odoo lets businesses launch tenders for vendors and integrates their response. This response then helps in comparing various propositions. Performance of vendor can be analyzed later.
3.) Track your order
Odoo ERP lets you import price lists from different suppliers and lets you make a smarter move by choosing the best supplier. You can also track the availability of your product. You can also check the status of the product delivery.
4.) Get insights of purchases
With Odoo you can get proper insights of your suppliers with the help of reporting. Reporting helps you get brief knowledge about the suppliers overall performance and let’s you take better futuristic decisions.
5.) Manage multiple companies together
Integration of operations among multiple companies and warehouses can be made possible with the help of Odoo. All the processes such as creating sales order, manage products and suppliers and generating invoicing all this can be carried out at the same time with Odoo ERP.
Braincrew Apps is truly dedicated to provide you with the industry best Odoo ERP integration for your business. We can also customize Odoo as per your needs and requirements and ensure that your whole workflow process is properly optimized. We have a team of dedicated expert Odoo developers who work closely with clients and provide them with the best resources for their business.
Email us: sales@braincrewapps.com
Website: Braincrew Apps
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