Inventory and Warehousing · Odoo glossary

Inventory Management

Inventory management controls quantities, availability, replenishment and value of goods.

Definition

In general ERP practice

Inventory management controls quantities, availability, replenishment and value of goods. It connects physical stock movements to purchasing, customer demand and production requirements.

In Odoo

Odoo Inventory tracks products, warehouses, locations and stock moves, with routes and replenishment rules. Forecast quantities include expected movements and differ from stock physically on hand; accounting valuation is a separate view of the same stock.