Smart Inventory by Novobi offers centralized inventory management in Odoo as well as inventory optimization and inventory planning to help maximize profit while reducing costs. Eliminate costly overstock and understock situations with inventory insights which allow you to see the health of your stock, inventory valuation, return statistics, inventory quality control and more in real time with inventory reports. The smart apps provide additional inventory artificial intelligence to purchasing processes to bring the power of data into your workflows and inventory planning. With demand forecasting, utilize intelligent recommendations for demand planning on seasonality, promotions, and other factors. These smart demand recommendations assist with purchase planning capabilities and material planning capabilities for manufacturing which automates inventory replenishment with inventory reordering rules for purchase order management that are recommended by the system but can be adjusted to suit your business needs.