Odoo Inventory -
Smarter with Novobi
Inventory Optimization Driven by AI for Mid-Sized Businesses & Enterprises
Artificial IntelligenceFor Your Business
Novobi’s AI engine streamlines the time-consuming tasks of data preprocessing and statistical analysis, delivering continuous recommendations and adaptation to inventory optimization.
Leverage the power of data science in your business quickly and easily! Our AI engine helps you make the best decisions for your inventory in an easy-to-navigate platform.
Experience proactive real-time monitoring and instant alerts for potential understock and overstock situations with our Smart Inventory solution.
By consistently analyzing inventory levels through advanced algorithms, our system provides timely insights and generates actionable reports, ensuring the right stakeholders are promptly informed to make informed decisions and optimize stock management.
Enhance your inventory management by fine-tuning reorder quantities using adjustable control parameters and overrides.
Streamline operations, minimize manual workload, and increase accuracy in maintaining optimal reorder points across a diverse range of products, effectively saving time, reducing effort, and eliminating uncertainty in the process.
Elevate your procurement strategy with intelligent foresight through data-driven suggestions.
Develop comprehensive bulk purchase strategies and assess performance metrics spanning various products, warehouses, and suppliers. This facilitates automated decision-making on quantities and vendors, enabling proactive purchasing processes and efficient inventory management.
Inventory Status & Real-Time Stock Dashboard
Streamline your manufacturing company’s services for made-to-order items. Your customers can customize their end product(s) and our ETO solution will take care of moving a custom order up the chain to your engineering operations. From design to production, our ETO workflows can help bring custom products to completion while saving time, resources, and energy.
Understock and Overstock Analysis
Automatically categorize your inventory into four groups:
Plus, continuous monitoring ensures that you can set up real-time alerts and make necessary adjustments as needed.
View a summary and to-do list of delivery orders to ship to customers, orders to receive from vendors, and returns orders from either customers or vendors in one report.
Analyze your return trends with an overview of total sales return orders by service level. Make better decisions about your sales and inventory practices with insightful return data.
Product Variant Analysis
View a summary of past demand for every product as well as forecasted demand up to 6 months in the future.
Prevent stock-outs and overstock
Defines optimal inventory levels, for individual products or in batch mode, based on:
- Demand forecasts
- Product service levels
- Supplier lead time
- Inventory cost
Set your reorder points
Automatically optimize reorder points or generate new reordering rules as market demand changes:
Vendor and Quantity Recommendations
Automate Purchasing Execution
Streamline your procurement process by automating the purchasing workflow using triggers and thresholds that you can configure.
Revolutionize Inventory Management, Streamline Operations & Boost Your Efficiency Today