Procurement · Odoo glossary

Procurement

Procurement is the process of identifying a purchasing need, selecting a supplier and obtaining goods or services under agreed terms.

Definition

In general ERP practice

Procurement is the process of identifying a purchasing need, selecting a supplier and obtaining goods or services under agreed terms. Purchasing documents are one part of the broader process.

In Odoo

Odoo Purchase manages RFQs, purchase orders and supplier agreements. Inventory replenishment and manufacturing demand can drive purchasing, while receipts and vendor bills record fulfilment and accounting separately.