What's New for Manufacturing Business in Odoo?

What's New for Manufacturing Business in Odoo?

Like the moving wheel of the world, Odoo ERP keeps developing and updating to meet the new needs of business. Odoo is becoming more and more advanced, user friendly and equipped with multi new useful features giving enterprises great ease and comfort in handling their business. Let's have a look at some of the new features in Odoo:

Subcontracting in Manufacturing

Odoo added a modern and useful function to the BOM called "Subcontracting".  It is common in business to outsource some tasks to external experts in order to do them as skillfully required. If we don't have the resources to complete a task, we outsource it. In such instances, Odoo's new feature of subcontracting comes in handy. A manufacturing firm's outsourcing job can be quickly and smoothly achieved by the feature ‘Subcontracting’ in Odoo v13.

When we create the bill of materials,

Inventory Predictions

Odoo has also added a new feature to help to monitor the inventory called "Forecasted Inventory."

Forecasted inventory simply means forecasting the potential future demand for a commodity based on market research. Such feature helps in taking better decisions regarding storing goods based on forecasted demand to meet consumers' demands as soon as possible. In Odoo's "Forecasted Inventory special report” you can have a graphical and grid view of all the products based on Quantity and Date/Time."

Grid view

Graph view

Skill Management Module

Odoo 13 introduces a new module called skill management. It's a more in-depth version of the Employee Module. Employee skills and abilities play a significant role in an organization's sustainability. An effective skill management mechanism will improve the employees' skills, allowing them to master their work which adds greatly to the organization as a result.

The new module assists the company in understanding its employees' abilities, allowing them to recognize seasoned and novice employees, employees with various skills, and so on. As a result, the company will provide related training and other professional skills-building programs to its staff.

As a result, we might conclude that the “Skills Management” module is of great help for any company seeking to utilize its full capacity.

Product video

Many e-commerce websites promote their products by showing various images of a product where we can see the item from various angles. Odoo 13 e-commerce website has added a fresh and exciting feature called "Product video." With this feature, you can add a brief video of the items in addition to pictures of them in the e-shop.

As shown in the picture, this is where we add the URL of the video.

Sales coupon and Promotion module

A company's economic growth and progress depend on its clients and customers. Therefore, attracting customers and keeping them loyal is highly important. But, attracting customers and keeping them happy requires exerting a lot of effort and always trying innovative ways to stand out in the competitive market.  

One of the unique factors to retain the customers is sales promotion and coupon strategies. With Odoo 13 ERP, it is easy to create and manage coupon and promotion strategies.

Earlier this feature of sales coupon and promotion was available only in the Enterprise version of Odoo. Now by the arrival of Odoo 13, this module is available in the Odoo Community version too.

Rental

It is also another new module released in Odoo's new update. The rental module is a very useful feature for a business. In certain situations, firms may 'rent' some equipment, cars, hotel rooms, and so on. This feature allows us to handle the 'Rent' easily and efficiently.  This can be very beneficial to the business.

This is the rental module.

In short, Odoo keeps improving and developing to offer companies all that they may need to manage their business. It's adding new modules and amazing features with every new version. Odoo developers also work hard to make Odoo a user-friendly and distinguished business management tool.

If you consider implementing Odoo ERP at your business, we – Boraq Group _ can happily do it for you. Boraq Group has long years of experience in all Odoo ERP modules such as CRM, Manufacturing, Accounting and Purchase, Sales, Warehouse Management, E-commerce, and Website. Our highly skilled teams of developers and consultants will provide you with the LATEST version that especially fits your business needs. You can contact us at info@boraq-group.com .

Keywords: Boraq Group, Odoo ERP, Odoo v13, CRM, Manufacturing, Subcontracting, BOM, Accounting and Purchase, Sales, Warehouse Management, Inventory Predictions, Forecasted inventory, E-commerce, Website, Skill Management Module, Product video, Sales coupon, Promotion module, Rental