Boost Procurement Efficiency with Odoo 18: New Features for Streamlined RFQ and Purchase Agreements

 

Odoo 18 brings exciting updates to the Purchase module that will revolutionize your procurement process. The latest version offers new features designed to simplify cost analysis, streamline RFQ creation, and enhance product tracking. One standout feature is the ability to view amounts in your company’s local currency, making comparisons across vendors and cost analysis simpler than ever. This enables better decision-making by providing clarity on total costs in your currency.

Another significant improvement is the introduction of a new purchase agreement type, allowing users to select a vendor and define a fixed quantity of products. This brings efficiency to procurement planning by ensuring the right amount of products are purchased at the agreed price.

Additionally, Odoo 18 introduces a quick and easy way to create Request for Quotations (RFQs) based on the purchase agreement, saving you time and effort when managing procurement. Vendors can also accept or reject RFQs directly from email or their customer portal, providing transparency and faster responses.

The product tracking feature is also enhanced with the ability to quickly generate lot numbers for tracked products, which streamlines inventory management and ensures accurate product tracing.

In this video, we walk through these exciting new features in Odoo 18 and how they can help you streamline and simplify your procurement process, making it more efficient and easier to manage.