Stockouts on best-selling items and excess inventory on slow movers are both expensive problems for retailers – and they often exist simultaneously in the same operation. The root cause is usually the same: replenishment decisions are being made manually, based on incomplete information, by people who have too many other things to do.
Odoo’s automated replenishment system uses reorder points and demand signals to trigger stock orders before stockouts happen. Minimum and maximum stock levels are set per product, automatic purchase orders generate when inventory drops to the reorder threshold, and the system accounts for lead times so the product arrives before the shelf goes empty.
For retailers managing large SKU counts across multiple sales channels, the time savings from automating this are significant. But the more important benefit is the consistency. Automated replenishment that runs on rules doesn’t miss a reorder because someone was out sick, didn’t get to it, or forgot which vendor handles that product.
If your inventory replenishment still depends on manual monitoring, book a call here.