Any industry or business providing services or goods will have to deal with purchasing in one way or another. Odoo Purchase helps keep track of purchase agreements, quotations, and orders. Learn how to track orders, monitor purchase tenders, and automate replenishment.

Easily manage your suppliers & purchase orders with the powerful, fully integrated Odoo Purchase app with Bista!

Odoo ERP is the business solution you require to expand your business. Odoo ERP is the perfect choice for businesses as it offers great visibility and control over the business. Apart from the basic purchase factors, you can manage the vendor details, generate reports regarding the Purchases, and Configure Vendor Price Lists, and Purchase Agreements with the Odoo Purchase module. 

You can also keep track of Quotes, Order Statuses, Quantity Levels, and Expected Delivery Dates with the Odoo Purchase. You can save time by automatically sending RFQs and Pos to your suppliers based on your stock levels.

Let your Business flourish by avoiding unnecessary purchases and it will help Streamline Quotations and Purchase Orders.

• Manage Vendor
• Manage the Vendor Purchase Agreements
• Create a Purchase Price List based on a selection of the Vendors or a Group of Vendors
• Manage Purchase Requisitions/Indents
• Prepare Request for Quotation (RFQ)
• Once the vendor has confirmed the Quotations, convert the request for Quotes to a Purchase Order
• Two-level approvals on the Purchase order confirmation
• Once the Purchase Order has been confirmed, it can only be printed or emailed to the Vendor
• Receiving goods to a Purchase Order is possible
• Receipt of Goods (GRN) without PO
• Stock updates upon delivery of the goods

PURCHASE ORDER IN ODOO:

A Purchase Order is the first commercial document that a buyer issues to a seller, outlining the price at which the goods or services are to be purchased.

If you want to manage your purchase orders, then you can create purchase orders in an organized way with the help of Odoo. One of the main features of Odoo that makes Purchase Order Management easier is its strong grasp of inventory.  

MANAGE ORDERS: 

Monitor RFQs and Orders: Maintain the status of your Orders and Quotes, the quantity of the orders, and the anticipated date of delivery. Auto-complete when generating a draft invoice.

Manage Incoming Products: Identify the Quantity and Locations of each batch of items you receive and maintain track of your Stock.

Automate ordering: Create Procurement Rules to automatically place the necessary orders based on sales, minimum quantities required per location or supplier, stock levels, and other factors.

Make sure the Star Product is always in Stock: In Business Management, it is important to ensure that the products your clients require are always available when they need them, no matter what industry the company operates in. Odoo created the Reordering Rules to ensure the daily availability of material inputs.

Buy More, Save More: Odoo can make shopping more exciting, regardless of our primary goal of selecting the supplier with the best proposal or ensuring deliveries on time. The market is always Changing, and Purchase Agreements give us the ability to negotiate and agree on Purchases with Suppliers.

There are two types of Purchase Agreements:

Call for Tender:  Enables you to get the best deal by requesting offers from various suppliers.

Blanket Order: Permits you to plan several delivery dates at predetermined prices within a time frame, ensuring that the price remains the same even if purchases are made on different dates.

Prepare your Purchases in Advance: By using this feature, which provides you with your suppliers’ delivery times, you can speed up receptions and plan deliveries ahead of time to prevent delays.

 Only Pay for what you Receive: With the help of Odoo Purchase’s 3-way matching feature, you can determine which invoices need to be paid by comparing the data found in the Purchase Order, the Supplier’s Invoice, and the Warehouse Receipt.

Make-to-Order (MTO): Whether you choose to keep an inventory of a product in reserve for Operational or Financial reasons, the Make-to-Order feature initiates the creation of a Draft Purchase Order associated with that product. Odoo allows you to do it easily in one step.6.

 Dropship: With Odoo’s Dropship feature, we can order products directly from suppliers and have them delivered to customers.

UNLEASH YOUR GROWTH POTENTIAL: 

Automated Workflows save time and effort, allowing businesses to focus on what matters most. Businesses can forecast and plan their orders more effectively by using Reporting and Purchase Analysis, which offers insightful information about buying Trends. Additionally, Businesses find it simple to manage their operations from a single platform by seamless integration with other Odoo apps like Inventory, Accounting, and Invoicing. Odoo is an excellent choice for companies trying to increase Profitability and expedite their Purchasing Procedures with all these features.

Odoo offers a User-Friendly Interface for Managing Purchase Orders. All Purchase Orders, Quotes, and other documents are beneficial to the company when they are stored on Cloud-based Platforms. The investor can monitor the operations on the road, ensuring Strict Surveillance to improve Employee Efficiency. Bista Solutions being the Best Odoo ERP Consultant offers you support for a tailor-made ERP Solution.