Every business is related to at least one product. Actually, what is a product? It depends on the business, In marketing term “A product is anything that can be offered to a market that might satisfy a want or need. In retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold as finished goods.”
Every business is related to at least one product. Actually, what is a product? It depends on the business, In
marketing term “A product is anything that can be offered to a market that might satisfy a want or need. In
retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold
as finished goods.”
The starting point of any ERP software will obviously involve the production creation
operation. Every bit of information about a product is stored in the system for a better product
management. Odoo has a vivid product creation facility. Using it, the user can specify the
details like product image, product name, product type, procurement details, inventory details,
sales and purchase information and accounting details.
A good ERP software will also store the product details like reordering rules, bill of materials
if the product is saleable, manufacturing order if the product is purchasable, and related sales
order and purchase orders etc...
The user can set different descriptions of the product to the supplier and the customer.
In this blog, I will be explaining how we can create a good product in Odoo. Most of the
module of Odoo including Inventory, Sales, Purchase, POS, Manufacturing etc. From
inventory, the form can be accessed from the following menu.
Inventory > Inventory control > Product > Create
The creation form will look like this.
It is the name which will be displayed in all other screens that refer to this specific product.
Can be Sold
To remove a product from showing up on ‘sales product’ list, uncheck the Can be Sold button.
Generally this is used while creating a raw material or a product for internal consumption.
Product Type is the first option on the Information tab. There are three available product types:
In Odoo, the services are also considered as a product. But user can't keep the stock of a service.
A product for which the user doesn't want to manage the inventory (no quantity on hand or forecasted) but
that can be received from the supplier or delivered to the customer. Odoo assumes that the product always
has enough stock.
The product which is managed with Inventory.
Sale Price: The base sale price of the product, the product may be different if there are variants available.
Cost Price: Cost price of a product.
Control Purchase Bill: Can control the invoicing, based on the delivery of the product.
Forecast Quantity: It is the virtual quantity, it is calculated as Quantity on hand + PO Confirmed - SO
Internal Category: User can organise the products under a specific category.
Unit of Measure: User can set the default UOM for the product.
Purchase UOM: User can set different UOM for purchase.
Lots and Serial Numbers: - This field specify how you track your item in inventory.
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