Enable Dark Mode!
advanced-features-of-odoo-15-for-the-pharmaceutical-industry.jpg
By: Joisey TJ

Advanced Features of Odoo 15 for the Pharmaceutical Industry

Functional Odoo 15 Warehouse

The war on health issues and diseases started from the early period onwards. Humans are more conscious about dealing with new disorders and diseases nowadays. One of the difficult phases that we pass through is the covid pandemic, and most companies face high pressure to develop a covid vaccine. Several solutions for diseases are upgraded by the pharmaceutical industries today. The testing and research for new vaccines are still globally taking place. Individuals decided to use automated software by the technology update, and Odoo ERP is advantageous to running company operations.

This blog helps you learn about the advanced features of Odoo 15 for the Pharmaceutical industry

All the operations of a pharmaceutical company manage efficiently with the advanced features of Odoo 15. The data is stored securely in a single system, and the company can access it at any time. Odoo ERP software enriches the workflow automation of pharma companies efficiently. Let's look at a detailed analysis of advanced features of Odoo 15 for the Pharmaceutical industry.

Warehouse Management

We can handle the inventory management process for the Pharmaceutical industry with sheer accuracy. Pharma companies deal with several types such as chemicals, botanicals and herbs. Some chemicals are inflammable/delicate and cause severe damage if it is not appropriately handled. Therefore, adequate storage and tracking are necessary for raw materials. Users can manage inventory operations from the Odoo 15 Inventory module for tools and medicines of the pharmaceutical industry.

You can create new product details needed in a Pharma company from the Products tab of the Odoo 15 Inventory module. Select the Create icon in the Products window and enter the product details, as shown in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Here, you can view general information about the product 'Vitamin E Capsule' from the General Information tab. It includes Product Type, Price, Cost, Customer Taxes and more aspects. We can add features of the product inside the Attribute & Variants tab. In this section, you can see the product's attributes, such as colour and size, as displayed in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

In this way, users can manage the Sales, Accounting, purchases, eBay, and Inventory of products in the Pharmaceutical industry using the Odoo 15 Inventory module. Other functionalities available in the Odoo 15 Inventory module are inventory/route tracking, push and pull rules for operations.

Bills of Materials

The quantity of each product, components of a material and manufacturing process are described inside a Bills of Materials. Odoo database ensures you use various BOMs for each product in a pharma company. You can choose the Product Variants menu in the Products tab of the Odoo 15 Manufacturing module, as shown in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

One of the unavoidable parts of the pharmaceutical production process is preparing the Bills of Materials. It improves the supply chain and inventory procedures of pharma industries. We can generate Bills of Materials for a product by selecting the Bills of Materials menu in the Products tab, as displayed in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Users can add the Components, BoM Type, Quantity, and Company inside a Bills of Materials. The BoM production enables an efficient workflow for your company using an Odoo database, and it assists in updating necessary material quantities for healthcare products/medicines manufacturing.

Odoo 15 Purchase and Sales Modules

The primary importance of a pharmaceutical firm is securing sales orders. Users can develop sales orders for different products and send them to customers from the Odoo 15 Sales module. A retail pharmaceutical store operates sales inside a company brand with the assistance of Odoo 15. We can create sales orders and orders to invoicing/upsell using Odoo 15 Sales module, as displayed in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Pharma firms can boost retail sales using the Odoo 15 Point of Sale module.

All purchase operations for the production of raw materials are configured easily with the Odoo 15 Purchase module. Users can send purchase quotations that describe the requirements of raw materials for vendors. We can analyze purchase orders reported in a specific year of a pharmaceutical company using the Odoo 15 Purchase module, as depicted in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Quality Control

Another vital aspect of pharmaceutical companies is to consider accurate quality checks during manufacturing. Most medicines produced by pharma companies follow the government's rules and quality standards demanded. In addition, all these pills contain an expiration date for future using. Users can look out for the quality of each product under various parameters at the time of manufacturing within the Odoo database. Lot/Serial Number functionality is beneficial for maintaining medicine's expiry and production dates in a pharma company.

Maintain the Accounting and Finance

The financial management should take care of cash dealings and growth rate in a year. Users can configure several accounts and funds of a company using the Odoo 15 Accounting module. This module makes it easy to maintain charts of accounts, discounts, taxes, payment methods, offers, and more. Moreover, users can generate invoices for product sales. Select the Invoices menu from the Customers tab in Odoo 15 Accounting module, as displayed in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Here, you can set the Company Data, customize the Invoices and Create your Invoice. The details of each Invoice, such as Number, Customer, Total, Status and more, are visible here. We can also manage the Journals and Ledgers for the company from the Accounting tab. The Configuration feature ensures you add Payment Terms, Bank Accounts and more. Hence, we can deal with all accounting aspects of pharma industries within the Odoo database.

Easy to Manage Recruitment of Employees

A lot of processes occur to recruit an employee for a pharmaceutical company. We can manage and monitor employees' operations by an HR management team. Users can create Job Positions for various employees from the Odoo 15 Recruitment module, as shown in the screenshot below.

advanced-features-of-odoo-15-for-the-pharmaceutical-industry-cybrosys

Users can also set up reminders for the health checkup of employees in the pharmaceutical industry using the Odoo 15.

Several features of Odoo 15 for the pharmaceutical industry are warehouse management, quality control, bills of materials and more. An Odoo ERP is a valuable resource for the pharma companies' management. It is a reliable and stable platform for users to maintain business-related activities.


If you need any assistance in odoo, we are online, please chat with us.



0
Comments



Leave a comment

 
whatsapp
location

Calicut

Cybrosys Technologies Pvt. Ltd.
Neospace, Kinfra Techno Park
Kakkancherry, Calicut
Kerala, India - 673635

location

London

Cybrosys Limited
Alpha House,
100 Borough High Street, London,
SE1 1LB, United Kingdom

location

Kochi

Cybrosys Technologies Pvt. Ltd.
1st Floor, Thapasya Building,
Infopark, Kakkanad,
Kochi, India - 682030.

location

Bangalore

Cybrosys Techno Solutions
The Estate, 8th Floor,
Dickenson Road,
Bangalore, India - 560042

Send Us A Message