Every business is related to at least one product. In marketing terms “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 bit of information about a product is stored in the system for better product
management. In Odoo most of the modules including Inventory, Sales, Purchase, POS,
Manufacturing, etc. allows to create and configure products.