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Tuesday, January 04, 2022

Which is better Odoo Vs MS Dynamics AX?

Odoo V/s MS Dynamics

An ideal business management solution can be the foundation for your success in terms of both productivity and profit. Odoo and MS Dynamics AX are two of the greatest ERPs available, each with its own set of advantages and disadvantages for business operations. M S Dynamics A X is a business programme from Microsoft, whereas Odoo is a business management system that allows users to control, monitor, and perform company activities in a reliable, efficient, and effective manner.

Odoo Vs M S dynamics - A Comparison


Both Odoo and MS Dynamics AX have their own set of advantages and disadvantages that can be beneficial or disastrous to a company's operations. Odoo, on the other hand, has a larger customer base than MS Dynamics A X, with over 7 million users worldwide. Furthermore, the Odoo community version is free, which is advantageous for startups and small businesses. Additionally, when compared to M S Dynamics A X, the Odoo ERP's customizability features, as well as a large selection of application-specific add-ons, provide an added boost in the platform's operational ability.

Furthermore, Odoo's flexibility allows the platform to be used as an out-of-the-box system with the ability to integrate third-party devices and applications. Additionally, the community add-ons for Odoo will allow the user to customize it according to their needs, which are limited in M S Dynamics A X.

Microsoft Dynamics NAV

Microsoft Dynamics 365 Business Central, formerly known as Microsoft Dynamics NAV, combines ERP and CRM (SaaS) functionality. With a cost, the ERP system can be implemented in the Microsoft Azure Cloud. An external service provider can also choose between two licences: a perpetual licence and a subscription licence. Microsoft Dynamics NAV is also appropriate for small and medium-sized organisations. Furthermore, because it contains specific modules for finance, marketing, and sales, integrating both Dynamics NAV and CRM capabilities in your business operation would be beneficial.MS Dynamics is also utilised by more than 19,000 companies in more than 30 countries, with 12,000+ user groups spread over 25 languages.

Odoo Enterprise

Odoo is an open-source suite that comes in two flavours: enterprise and community. Both can be hosted on-premise, in the cloud, or on Odoo Sh. Furthermore, the customer can choose these hostings by examining their demands and requirements. The Odoo Community, which includes of Odoo partners, developers, and other supporting employees, is also the backbone of Odoo. Furthermore, the Odoo community has produced over 27,000 supporting applications that may be merged and customized to meet the needs of individual users. Additionally, these add-ons are available for download through the Odoo app store, with some being paid and others being free.

Additionally, Odoo provides specific apps for each company function. As a result, any industry may adapt and employ a few apps to get started, and then add more functional modules as the company expands. For this comparison, Odoo enterprise is utilised, which is a complete business management solution that can be customized using the Odoo studio apps to match the demands of the firm. The software can be set up to work in SMEs to improve productivity and profitability.

nventory Management

Odoo
Enterprise
Microsoft Dynamics AX
General
Multi-Warehousecheckcheck
Storage Locations
(Bins)
checkcheck
Bin Replenishmentcheckcheck
Mobile Device Supportcheckcheck
Multi-Companycheckcheck
Multi-Currencycheckcheck
Multi-Languagecheckcheck
Automatic ASN
(Advanced Shipping Notice)
timestimes
Package Management / Cartoningcheckcheck
Freight Carrier Integrationchecktimes
Manage Consignee Stockschecktimes
EDI
(Electronic Data Interchange)
timestimes
Products
Non-Stocked Inventory*checktimes
Multiple Variantschecktimes
Multiple Units of Measurecheckcheck
Inter-class UoM Conversion*checkcheck
Variant Matrixtimescheck
Traceability
Lots / Serialscheckcheck
Up / Down Traceabilitychecktimes
360 Traceability*checktimes
Expiration Datescheckcheck
Cycle Countingcheckcheck
Reporting
Inventory Forecastscheckcheck
Inventory Valuationscheckcheck
ABC Analysistimes
Barcode Support
QR Code Supporttimestimes
RFID Supporttimestimes
Lots / Serial Numberschecktimes
Receptionschecktimes
Pickingchecktimes
Internal Moveschecktimes
Delivery Orderschecktimes
Inventory Adjustmentschecktimes
Routing
FIFO / LIFOcheckcheck
Customizable Routes*checktimes
Putaway Strategieschecktimes
Wave Pickingchecktimes
Batch Pickingtimescheck
Zone Pickingchecktimes
Cluster Pickingchecktimes
Cross-Dockingchecktimes
Putaway Location By Size, Weight, & Capacitytimestimes

Manufacturing

Odoo
Enterprise
Microsoft Dynamics AX
Master Data
Multi-Level BoMcheckcheck
Byproducts / Coproductscheckcheck
Routingscheckcheck
Subassembliescheckcheck
One BoM for Multiple Product Variantschecktimes
BoM versionscheckcheck
Multiple BoM / Routing*checkcheck
Planning
Demand Forecastingcheckcheck
MRP I Schedulercheckcheck
MRP II Scheduler*checkcheck
Master Production Schedulecheckcheck
Gantt Chart Scheduling w / Drag & Dropcheckcheck
Kanban Planningcheckcheck
Production Calendarchecktimes
Infinite Capacity Schedulingcheckcheck
Finite Capacity Schedulingtimescheck
Available to Promisetimescheck
Multiple Scheduling Planstimescheck
Delivery Date Calculation
(Backwards Scheduling)
checkcheck
Production Order Splitting / Mergingtimescheck
Operations
Manufacturing / Production Orderscheckcheck
Job Trackingcheckcheck
Work Orders / Operationscheckcheck
Automated Time Trackingcheckcheck
Disassembly Orderscheckcheck
Subcontract Manufacturingcheckcheck
Rework / Repaircheckcheck
Scrapcheckcheck
Disposal Strategiescheckcheck
Kitscheckcheck
Edit Individual Production BoMstimescheck
Costing
Perpetual Inventory Valuation*checkcheck
Periodic Inventory Valuation*checkcheck
Standard Pricecheckcheck
FIFOcheckcheck
Landed Costschecktimes
Actual Production Laborchecktimes
Production Order Costingcheckcheck
Shop Floor Control
Shop Floor Terminalschecktimes
Production Activitiescheckcheck
Non-Produciton Activities*checktimes
Time Trackingchecktimes
Messages on Work Orderschecktimes
Barcode Supportcheckcheck
Equipment / Machine Managementchecktimes
Work Instructions on Work Orderschecktimes
Maintenance Requests from Shop Floor Terminalchecktimes
Human Resources
Schedule Managementcheckcheck
Touchscreen Attendancechecktimes
Timesheetscheckcheck
Breakscheckcheck
Overtimechecktimes
Vacation / Injurycheckcheck
Reporting and Forecasting
Overall Equipment Efficiencychecktimes
Work Timecheckcheck
Demand Forecastcheckcheck
Maintenance KPIschecktimes
Production Costs Analysischeckcheck
Up / Downstream Traceabilitycheckcheck
Analytic Accountingchecktimes
CSV Exportchecktimes
Dynamic Pivot Tableschecktimes
Dashboardscheckcheck
Save Custom Reportscheckcheck

Supply Chain

Odoo
Enterprise
Microsoft Dynamics AX
Features
Vendor Data Managementcheckcheck
Vendor Pricelist Managementcheckcheck
Inbound Quality Controlcheckcheck
Dropshippingcheckcheck
Purchases
Purchase Requestscheckcheck
Purchase Orderscheckcheck
Purchase Approval Worflowcheckcheck
Request for Quotationscheckcheck
Contracts / Purchase Agreementstimescheck
Automated Procurements
Minimum Stock Rules*checkcheck
Make-to-Ordercheckcheck
Master Production Schedulecheckcheck

Maintenance

Odoo
Enterprise
Microsoft Dynamics AX
Scheduling and Request Handling
Schedule Preventive Maintenancechecktimes
Maintenance Kanbanchecktimes
Maintenance Calendarchecktimes
Shop Floor Integrationchecktimes
Multiple Teams / Siteschecktimes
Asset Managementchecktimes
Subcontract Repairchecktimes
Job Trackingcheckcheck
Parts Management
Inventory Managementcheckcheck
Purchasing Integrationcheckcheck
Rotating Asset Locationchecktimes
Equipment Serial Numberschecktimes
Equipment Maintenance Historychecktimes
Dealer Portalchecktimes

Product Lifecycle Management

Odoo
Enterprise
Microsoft Dynamics AX
Features
Engineering Change Orders
(ECOs)
checkcheck
BoM Version Managementcheckcheck
Routing Version Managementcheckcheck
MRP Integrationcheckcheck
Centralized BoM Managementcheckcheck
ECO Management
Approval Workflowscheckcheck
BoM Version Difference Viewerchecktimes
Bulk BoM Updateschecktimes
Notification Mechanismcheckcheck
Project eMail Gatewaycheckcheck
ECO Costingtimestimes
Third-Party CAD Integrations
AutoCADtimestimes
SolidWorkstimestimes
Autodesktimestimes

QMS

Odoo
Enterprise
Microsoft Dynamics AX
Quality Control
At Receptioncheckcheck
In-Processcheckcheck
Before Deliverycheckcheck
Inventory Quarentinecheckcheck
Quality Checks
Quality Control Plancheckcheck
Pass / Fail Checkscheckcheck
Measurement Checkscheckcheck
Quality Alerts / Nonconformance Documentscheckcheck
Print Nonconformance Documentstimescheck
Corrective Actionscheckcheck
ISO9001 Tools
Documentation Managementcheckcheck
Customer Satisfaction Surveyschecktimes
Customer Complaints Managementcheckcheck
Traceability of Operationscheckcheck
Resources Managementcheckcheck
Reports
Nonconformance Coststimescheck

Odoo - Production Scheduling


Usability & Productivity

Odoo
Enterprise
Microsoft Dynamics AX
UI
Full Web Interfacechecktimes
Responsive Mobile UIchecktimes
Android Native Appchecktimes
iOS Native Apptimestimes
Market Place
App Store / Add-onschecktimes
Subjective Ratings
Ease of Useiconiconiconiconiconiconiconiconiconicon
Navigation and Searchiconiconiconiconiconiconiconiconiconicon
Data Entryiconiconiconiconiconiconiconiconiconicon
Mobile Appiconiconiconiconiconiconiconiconiconicon
Reports Flexibilityiconiconiconiconiconiconiconiconiconicon

Ref Via link : https://www.geminatecs.com/blog/odoo-vs-ms-dynamics-ax

Which Is Better: Oracle or Odoo?

Opensource Odoo ERP Support

Enterprise resource planning is simply one of many functionalities available in business software (ERP).The increasing quantity of routinely issued packages is responsible for this improvement.There are several cloud-based ERP packages available now that can manage all aspects of your organization, from manufacturing to stock balances to sales and marketing.

There are several market leaders among the many ERP software systems available.SAP dominated the enterprise software industry in the early days, providing high-quality software.Due to the emergence of open-source goods on the market, this platform began to lose its dominance over time. 


When it comes to ERP software, Oracle, SAP, and Odoo are three of the most well-known names in the industry today.Computer technology businesses that offer cloud systems and enterprise software solutions with a wide range of features generate such software. You can also manage logistics and finances with any of these programmed. 

Oracle vs Odoo

We'll compare Odoo and Oracle, and see how they compare – and, to be honest, if there is a comparison to be made between both ERP platforms at all.So, which of these two well-known options should you choose for your company?


Let's start by comparing these software packages to see if we can assist you make the best option.

ERP is, after all, a significant commitment of time, effort, and resources for companies trying to use it to become more competitive in today's economic environment. 


What Should You Look for in an ERP System?


When it comes to ERP software, the first thing to consider is its functionality.Oracle is unique in that it is created specifically for enterprise software.This means that it must be integrated with all of the company's business systems and processes.The properties of Odoo and Oracle are explained below to help you decide which software to employ. 


What Services Does Odoo Provide?


Odoo ERP is a widely used enterprise software that includes a number of useful features:


An all-encompassing strategy.Odoo ERP Support is a complete set of business applications that, like SAP, includes modules for practically all organization functions.Odoo has more than 2 million users, the majority of whom are small and medium-sized businesses.At the same time, the platform is employed by a number of significant businesses, indicating that the programmed is extensively used.

In addition, the firm has 730 partners. 


There isn't any backwards compatibility.

Odoo does not support backward compatibility (as other options like SAP do).That means that whenever a new version is launched, all code and data must be migrated.This might be problematic because new updates are frequently released, and repeated migration can be tiresome for some businesses.


There are fewer bugs and flaws.

Despite the fact that Odoo, which is developed in the Python programming language, has been on the market for a long time, you may still run across certain flaws. After the 8th version, developers began to fix flaws, so expect some fine-tuning after using Odoo in the workplace. 


Plans at reasonable cost.

Odoo is a more affordable option for small and medium businesses than Oracle.Although you must pay for each user's service, Odoo is less expensive in the end than Oracle (or, conversely, other solutions like as SAP).


For example, if you need to supply work for 50 users, SAP will cost over $60,000 per year, while Odoo will cost around $15,000 for the same agreements.That's a significant cost reduction. 


What Services Does Oracle Provide?


Now it's time for Oracle.When selecting software for your company, its distinguishing aspects will be critical:

Database Management System that is easy to use.The Oracle RDBMS employs a multi-model structure.Oracle's user-friendly RDBMS can be utilised for a variety of purposes and operations, including data storage, online transactions, and more.The Oracle database is designed to handle high-volume applications and vast amounts of data. 


Scalability.


Oracle provides a variety of tools and methods for scaling databases.Furthermore, the server comes with a number of handy tools, applications, and features for your work.


Simple and straightforward.


Some people may consider Oracle to be extremely complex and unintelligible.The design of Oracle DBMS, on the other hand, makes it quite straightforward to deal with any challenges.Another significant benefit is that the software is compatible with a variety of operating systems and has the same code base and documentation.This program may be rapidly and simply integrated into any operating system platform that your firm uses. 



Cost-effectiveness.


When compared to Odoo, the cost of deploying Oracle is much lower.These ERP and database management software can be adopted throughout your firm without jeopardizing your budget, regardless of the operating system you employ.


Bug fixes that are systematic.


Oracle operates well and has few faults because to its global use and huge market demand.

The engineers worked tirelessly to ensure that the software was the finest it could be and that it provided organizations with outstanding value for money. 


Functionality is limited.


Oracle may not be the best fit for your company if you're searching for a complete solution.If you need database management software, however, Oracle is undoubtedly the best option. 


Oracle vs. Odoo: A Head-to-Head Comparison 


If you want to utilize Odoo for $20 per month, you'll have to spend $75 per month to work with Oracle.

Odoo provides all of the necessary functions at the same time:


  1. Enterprise Asset Management

  2. Financial management

  3. Personnel Management

  4. Customer Relationship Management

  5. Order management

  6. Distribution Management

  7. Project management

  8. Inventory Management

  9. Analytics

  10. Reporting


However, Oracle does not offer Distribution Management, Personnel Management, Customer Relationship Management, or Warehouse Management. In terms of compatibility between Odoo and Oracle for various platforms, Oracle is only compatible with the cloud, but Odoo is compatible with Windows, Mac, cloud, and mobile devices like as Android and iOS. 


Odoo's services are available in a variety of languages: 

  • English

  • German

  • Chinese

  • Japanese

  • Hindi

  • French

  • Spanish

  • Russian

  • Italian

  • Dutch

  • Swedish and others.

Meanwhile, Oracle is available in English only.


Odoo's Enterprise platform has a few dozen apps, whereas the open-source software version has over 17,000 applications developed by a community of over 25 thousand active participants, making it practical for a larger range of purposes.


It concentrates on the small and medium-sized business application area. Odoo's primary competitors include SAP, Oracle, OpenERP, and Zoho. According to the owners' statement, it currently has over 4.6 million members globally, and this number is constantly expanding. 


Odoo isn't going anywhere. 


Odoo is a profitable project with a 60 percent annual growth rate from an 82.98 percent gross profit margin.We are convinced that it is here to stay.It will be here for a long time, and it will continue to succeed at what it does best: developing all-in-one business software that includes both open-source and subscription-based enterprise software and SaaS. 


The additional money raised from the capital increase will be utilized to accelerate product development projects, which are critical to Odoo's aspirations to continue extending its global reach.


Odoo's sudden cash boost prepares the company for long-term success and demonstrates the quality of its product offering.Odoo will be a future force to be reckoned with.


As a result, according to projections, it will continue to be a successful project for a long time and succeed at what he does.The company's major purpose is to produce universal business software with an open-source version and subscription-based enterprise software. The raised funds enabled the company to grow and improve its product, allowing it to reach the current level of functionality. 


Conclusion


Oracle RDBMS is the greatest solution on the market today for organizations who require worldwide database management software.Odoo can provide exceptional value for money if you require such software at a lower cost and can make certain tweaks, customization, or settings. 


In any case, it's up to you to figure out which software is best for your company. Each piece of software has a distinct meaning and is not in any way superior to the others. Some may have a modest edge over others in certain areas and situations, depending on their usefulness. 


We can safely state, based on considerable experience, that standard ERPs are expensive and, in most cases, do not fully adapt to the particular needs of a single organization without some manipulations.


Odoo, on the other hand, can take advantage of this enormous and attractive potential that has appeared on the market for corporate software today, thanks to a versatile range of applications and unwavering public and developer attention to the product.


Via Reference Link : Click here.

Sunday, January 02, 2022

Odoo Inventory Management - All You Need to Know About Features

Opensource Odoo ERP Inventory Management System

Inventory management is a crucial business procedure for wholesalers, firms, and distributors in the goods trading industry.To maintain the company's efficiency and effectiveness, every part of business requires a strong warehouse. 

Every organization requires effective warehouse management and inventory management to ensure efficiency and usefulness.It's significant since it has a direct impact on every part of your company. 


What is Odoo Inventory Management, and how does it work? 


Odoo inventory management is a sophisticated and up-to-date module that any company, regardless of size, may use. Odoo inventory management aims to make the process of maintaining and tracking stock levels easier, as well as skillfully directing productivity and efficiency to manage all necessary activities. Furthermore, it enables businesses to efficiently manage their product or asset inventories. 


It has a designed barcode scanning app and is both an inventory application and a warehouse management system.It enables businesses to manage their items without difficulty.As a result, Odoo Inventory Management meets the needs of the production department by providing a multi-tasking platform for inventory management. 


You can organist many other applications with the Odoo inventory management module, including buying, accounting, sales, manufacturing, packing, transferring, and shipping connectors.It has the most efficient stocking system and the capacity to improve its internal tactics. 


Because of the following features, Odoo Inventory Management is a worthwhile solution to implement: 


Customization


Odoo inventory allows users to plan their product routes and automate transactions between warehouses and delivery points. 


Traceability


Odoo Inventory connects with a bar code scanner system to improve product and stock movement traceability.Odoo's barcode application may be set up to take in products from inventory and track their movement.


It always double-checks that each lot number and serial number belong to a certain product and warns the user not to use them for anything else.For 360-degree traceability, Odoo inventory records and preserves a history of all warehouse strategies. 


Clean and Quick


Odoo is a clean and fast-performing ERP thanks to its double-entry inventory management, flexible design, and modern user interface.


Several Warehouses


Users can manage many warehouses for the same organization in different locations using this module. As a result, users can properly oversee each of the warehouse's product movements. You may also utilize Odoo to add several warehouse locations; if you have many warehouses, you can easily transfer data from one to the other. 


Rules for Reordering


Users can create reordering rules for available products using inventory management.

This prevents the company from becoming overstocked.This also allows users to choose a maximum and minimum stock count of the products included with this rule, as automatic procurement can be set up in Odoo Inventory Management when minimum stocking rules are used. 


Reporting Expertise


The sophisticated reporting feature enables users to create reports based on a variety of characteristics and techniques.The filtering settings, for example, might be altered based on the company's receipts and other data.Furthermore, the platform allows users to create bar graphs, pie charts, and line graphs from a variety of reports. 


Support for Basic Operations


Odoo provides support for all warehouse activities, whether simple and complicated.

It can, for example, control and manage incoming shipments, create inventory counts, manage scrap efficiently, and transfer stock, among other things. 


Odoo Advanced Routing


Advanced routing facilitates operations such as: Drop shipping: Customers receive products, orders, and customers directly from the supplier.Cross-docking: With very little storage, users can unload the materials that have arrived, or they can transfer immediately to outbound gates if they like.


Strategies for putting things away and getting rid of them : The user can create their own ordering procedure, which includes picking, packaging, and shipping in a single step.


Push and pull routes : Users can create product routes to automate the movement of orders between warehouses or locations. 


Features of Product Management 


Product Type : Odoo assists a variety of product kinds with varying behavior, including physical things, digital products, and services.


Custom Field: You can add as many custom fields as you want to address your business demands efficiently.


Multi-level Variants: A matrix can be created based on colors, sizes, qualities, and other factors.


Multiple Barcodes: If you want to implement specific behaviors, such as a customized promotion, you'll need to make bespoke barcodes with distinct codes. 


Inventory Valuation: Inventory value is one of the most important elements of Odoo implementation management.When it comes time to forecast financial results, it makes it easier for businesses to value their unsold inventory goods.


The following key concepts are included in inventory valuation: 


Costing Method:The costing approach is often referred to as the product category.

Odoo WMS supports three products costing methods: FIFO, Average cost, and standard price.


Landed Costs: The landed cost function in Odoo allows you to include in extra costs like shipping, insurance, and customs fees, among other things, into the product price.

It aids in obtaining an accurate inventory appraisal.


Valuation Method: Continental accounting shall be utilised to keep a proper record of the cost of sold-out goods.You have two options for recording inventory valuation in your accounting books: manual or automated. 


Final Thoughts


Inventory Management with Odoo.The firm may achieve high potentials and effortlessly manage their logistics, finance, and streamline their strategy using the Odoo inventory management system.Furthermore, it streamlines the process of keeping track of stock levels, resulting in increased production and efficiency. 


With the adoption of Odoo inventory, any firm may profit from a variety of options.With the help of Odoo double entry, inventory management, Odoo inventory management ensures total traceability from the supplier to the client. 


Our main mission is to provide the newest innovations and consistency to our prestigious customers globally, therefore Geminate delivers the best business and end-to-end Enterprise solutions to our prestigious customers. 


You are free to discuss your concerns with our most knowledgeable and experienced consultants at contact@geminatecs.com


Via Reference Link : Click here.


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