Reasons why every manufacturing business needs Odoo ERP today

Odoo is an all-in-one integrated ERP solution for the manufacturing industry today and there are several reasons why every manufacturing business must get Odoo implemented now. And some of these crucial reasons are shared here by an expert consultant of Odoo in Australia.

With the advancements of technologies with the increase in consumer and market demands, it has become essential for every manufacturing business to undergo rapid growth adopting the latest tools and technologies evolving in the market. Right from the processing of the raw materials to delivering the finished goods as per the customer demands, the manufacturing businesses have to overcome several processes involving different business areas like -warehouses, inventories, distribution, supply chain, sales, procurements, finances, etc.

However, to manage all these processes and functionalities efficiently and effectively, a robust and integrated ERP system is required to cater to these manufacturing business processes. And when it is all about automating and streamlining manufacturing business processes, there’s no better choice than Odoo ERP.

Odoo ERP is an all-inclusive, modular, scalable, flexible, customisable, secure, and robust ERP solution that helps to cover and meet all processes of a manufacturing business. It works as an effective business management tool in the manufacturing industry.

Now, why Odoo for a manufacturing business? And to know this, you need to take a look at the features of Odoo manufacturing.

Being a popular and all-in-one integrated ERP software, Odoo comes with multiple features to cater to the needs of a manufacturing business. Further, Odoo keeps on upgrading annually and comes with new and improved features and functionalities every year for every industry including the manufacturing sector as well. Here are some of the noteworthy features of Odoo for a manufacturing business.

Bill Of Materials or BOM:

Raw materials and the products manufactured play a crucial role in a manufacturing business. Hence, the management of these raw materials needs to be done carefully. A single mistake or deviation in the process of raw material management can lead to an increase in the cost of production and overall inefficiency in the management process. In this case, Odoo helps its users with features like Bill Of Materials or BOM through which the users can record the list of all required materials in the required quantities and can manage the same efficiently right from the beginning of the product development process.

Manufacturing process management:

The software helps its users with different real-time business management tools that make sit easy to manage all processes involved in a manufacturing business like repair order management, employee schedule management, work order management, material management, warehouse management, sales management, customer relationship management, invoicing, payroll and HR management, purchase management, and more, covering each and every area of the firm.

Effective SCM or Supply Chain Management:

Odoo manufacturing solutions help with efficient and effective SCM or Supply Chain Management as it comes with features like better stock reconciliation, automated forecasts, EDI integration capabilities, employee contract management, replenishments of vendors, etc.

Inventory management:

Odoo manufacturing assists in tracing and streamlining the movements of all products in the inventory with complete and detailed reports comprising the product numbers, characteristics, locations, and other essential data.

Quality assurance:

The quality of the manufactured products is a major factor that determines and helps to keep up the reputation of a manufacturing business. Odoo allows its users to check for quality assurance of the products manufactured. Also, the ERP can automate and efficiently manage the quality checks using predefined alerts and quality checks. This is again a key reason to use Odoo for manufacturing business management.

Apart from these, in a manufacturing business, Odoo helps with better forecasting, product management, finance management, accounting, human resource management, and many more tasks that are performed in every manufacturing firm. Overall, with its modular and well-distributed architecture, the ERP enables a manufacturing unit with an integrated solution. It also helps with data management and automated tasks that reduce manual entries, errors, and data duplicacy. Real-time decision making also becomes possible with the software as all data are stored centrally in a single location. And all these factors and reasons make Odoo an effective software for automating and streamlining a manufacturing business.

Alex Forsyth is an experienced consultant of Odoo in Australia, associated with a reliable ERP implementation company, Envertis Software Solutions. The author has written this article to let the manufacturing business owners know the benefits of getting this ERP implemented into their systems in today’s competitive environment.

Alex Forsyth is one of the expert app developers in Sydney who is working for Envertis, an earmarked Australian company for mobile app development which has been delivering dynamic and revenue-centric apps to businesses.