Procurement optimization is challenging at the best of times. It has now become a massive challenge as Covid-19 and international trade disputes disrupt both supply and demand patterns. Effective procurement depends on accurate and reliable demand forecasts that, in turn, depend on reliable and consistent data.

With a customer base that sells through multiple B2B and B2C channels and marketplaces, especially on Amazon, eBay, and Walmart, Novobi has witnessed large fluctuations in volume, with some cases increasing as much as 30 times. In addition, longer lead times and difficulty making accurate demand forecasts means that maintaining a high level of customer satisfaction becomes a major concern.

Learn how Odoo is extended for procurement optimization through an introduction to demand forecasting and tips for advanced strategies inventory decisions. The talk will cover examples of procurement optimization and will provide valuable insights for business users, managers and Odoo partners involved in managing supply chains, procurement and sales practices.