Odoo Case Study

904 Words 4 Pages
Why Odoo? ( Selection Criteria)
Odoo allows you to consolidate your applications, to centralize your data and to make your daily work easier, in a nice and unified interface.
In terms of product, Odoo is going way beyond traditional ERP. What's usually interfaced with third party apps is fully native with Odoo CMS, E-Commerce, Point of Sale, and a Business Intelligence engine. Integrating your sales floor with inventory, accounting and manufacturing plant is one thing. But Odoo goes one step further. It's the only software in the world that integrates all sales channels: point of sale, E-Commerce, inbound sales. Odoo has more than 4000 apps for stuff that usually don't exist in traditional ERP like inbound marketing apps.
Its Functions:
Odoo
…show more content…
Odoo allows you to actually start with one module and add others as you go, based on your needs and in accordance with your priorities and your budget.

Benefits of ERP:
Scalability:
An ERP system is easily scalable. It means adding new functions to the system as the business needs change are easy. This could mean easy management of new processes, departments, and more.
Improved reporting:
Much of the inefficiency in operational work stems from improper reporting. With an ERP system, this possibility is eliminated as reporting follows an automated template system, allowing various departments to access information seamlessly.
Data quality:
As compared with manual record-keeping or other traditional approaches, an ERP system improves data quality by improving the underlying processes. As a result, better business decisions can be reached.
Lower cost of operations:
An ERP system introduces fundamental innovations in managing resources, which eliminates delays and thus reduces cost of operations. For instance, use of mobility allows real-time collection of data, which is indispensable to lowering
…show more content…
This makes the entire human resource chain more efficient.
There are many more benefits of an ERP system, but these are the chief ones. Needless to say, a good ERP system is indispensable in the modern economic scenario.
ERP Modules:
1. ERP Production Planning Module
In the process of evolution of manufacturing requirements planning (MRP) II into ERP, while vendors have developed more robust software for production planning, consulting firms have accumulated vast knowledge of implementing production planning module. Production planning optimizes the utilization of manufacturing capacity, parts, components and material resources using historical production data and sales forecasting.

2. ERP Purchasing Module
Purchase modules streamline procurement of required raw materials. It automates the processes of identifying potential suppliers, negotiating price, awarding purchase order to the supplier, and billing processes. Purchase module is tightly integrated with the inventory control and production planning modules. Purchasing module is often integrated with supply chain management

Related Documents