E-Commerce is more than a new business model. It is a great opportunity to most of the traditional industries to build a Brand from scratch. To promote a brand was such a difficult and costly job that very few manufacturers or traders has ever thought about it. However, the growing cost, huge operation cost and intensive competition have put many traditional industries in danger. After years, E-Commerce has been proved to be an extremely efficient business model, it simplifies the operation and centralize the resources. Traditional Industries in fact own great advantage in starting an E-Commerce.

One evident competition is between specifically licensed ERP products and the collection of options known as ‘open source’ ERP software — ERP platforms that are not built for profit by a particular firm, but maintained with open source licensing, often by communities of users. Here are some of the relevant advantages of selecting an open source ERP solution for business.

Odoo/Open ERP is an integrated suite of applications that includes modules for project management, billing, accounting, inventory management, manufacturing, and purchasing. Those modules can communicate with each other to efficiently and seamlessly exchange information.

Odoo is a complete pack of business applications like sales, CRM, project management, warehouse management, manufacturing, financial management, and human resources. It offers over thousand modules to use for easy business processing.

Odoo is a suite for business applications like sales, CRM, project management, warehouse management, manufacturing, financial management, and human resources. It offers over thousand modules to use for easy business processing. This platform is most favourable for small to mid-sized companies. The source code of this platform is available to everyone due to its open source nature. There is community of developers who can bring the evolution into the software. Any developer can modify the software by integrating features and functionalities to improve its performance.

The warehouse and inventory management is based on a hierarchical location structure, from warehouses to storage bins. The double entry inventory system allows you to manage customers, suppliers as well as manufacturing inventories. OpenERP has the capacity to manage lots and serial numbers ensuring compliance with the traceability requirements imposed by the majority of industries. The Odoo Warehouse Management System (WMS) allows you to optimize important warehouse processes like procurements, shipping and replenishment functions by employing powerful system logic to select the best locations and sequences. Let us look at the features of the Odoo WMS: