Purchase Management

Purchase is an act of buying products, services, raw materials and extra parts from the providers for a business organization. By and large, purchase management is one of the standout amongst the most urgent segment in a business. The procedure towards purchase in an organization thus ought to be given the most extreme consideration. In the event that there arises an issue in the purchasing department, in the long run the same issues will emerge in the production section, sales department, eventually decreasing the performance execution of the business association. Consequently, saying, a successful purchase management is an inevitable and unavoidable segment to any association.

Odoo purchase management can improve your purchase work process dependent upon stock levels/dimensions, sales orders, and forecasted producing orders. Much the same as sales, it is actually simple to oversee the purchase, utilizing Odoo. One can consistently produce quotations, convert them later to a sales order and create bills in all respects effectively. Sales and Purchase vouchers, Purchase and MRP management, Purchase requisitions are some other supportive applications which can additionally upgrade the purchase management functionalities.

Here is the standard work stream in Odoo:

• Call for Tender to demand offers from various merchants to get the most fascinating cost( optional).


• You start with a Request for Quotation (RFQ) to convey to your vendor(s).


• Once the seller has acknowledged the RFQ, confirm the RFQ into a Purchase Order (PO).


• Confirming the Purchase Order creates an Incoming Shipment in the event that you obtained any Stockable items.


• Upon accepting a Vendor Bill from your Vendor, approve the bill with items got in the past advance to guarantee precision.