Manufacturing Costing & Factory Management with Odoo Training
This Manufacturing Costing & Factory Management with Odoo ERP course is designed for professionals seeking practical expertise in manufacturing operations, production costing, inventory control, and factory financial management using Odoo ERP. The program combines industry standard manufacturing cost accounting principles with hands-on Odoo implementation, enabling participants to manage the complete manufacturing lifecycle from raw material procurement to finished goods delivery and profitability analysis.
Participants will learn to configure and operate Odoo Manufacturing (MRP), Inventory, Accounting, Purchase, and Sales modules while developing practical skills in Bill of Materials (BOM) management, production planning, warehouse operations, stock valuation, production costing, cost allocation, labor and overhead costing, variance analysis, and financial reporting. The course also covers manufacturing workflows, inventory optimization, procurement management, and cross-department ERP integration to improve operational efficiency and decision-making.
Through real-world case studies and a complete factory implementation project, learners will gain hands-on experience in executing end-to-end manufacturing processes, recording transactions, generating management reports, analyzing production costs, and evaluating business performance. Upon completion, participants will be equipped to implement and manage manufacturing costing systems within Odoo ERP, support factory operations, optimize production costs, and contribute to data-driven manufacturing and financial management across industrial organizations.
Course Objectives:
- Understand manufacturing costing principles and factory operations.
- Configure and manage Odoo ERP Manufacturing (MRP), Inventory, Accounting, Purchase, and Sales modules.
- Plan and execute end-to-end manufacturing and production workflows.
- Manage inventory, procurement, and warehouse operations efficiently.
- Calculate product costs, allocate manufacturing expenses, and perform cost analysis.
- Generate production, inventory, financial, and profitability reports.
- Optimize manufacturing processes and support data-driven business decisions using Odoo ERP.
Course Content:
Manufacturing Costing & Factory Management
Module 1: Introduction to Odoo
- Overview of Odoo ERP platform and architecture
Module 2:Manufacturing (MRP)
- Bill of Materials (BOM)
- Work Centers
- Production Orders
- Manufacturing Operations
- Production Planning
- Material Consumption
- Production Costing
Module 3: Inventory
- Product & Raw Material Management
- Warehouse Management
- Stock Valuation (FIFO / AVCO)
- Inventory Movements
- Inventory Adjustments
- Stock Transfers
Module 4: Accounting
- Cost Accounting
- Direct & Indirect Cost Allocation
- Labor & Overhead Costing
- Manufacturing Cost Analysis
- Financial Reporting
- Profitability Analysis
Module 5: Purchase
- Vendor Management
- Purchase Orders
- Raw Material Procurement
- Purchase Receipts
Module 6: Sales
- Sales Orders
- Delivery Orders
- Customer Invoicing
- Finished Goods Management
Module 7: Fundamentals of Manufacturing Cost Accounting
- Industrial cost concepts and types
- Cost elements (Materials, Labor, Overhead)
- Direct vs. Indirect Costs
- Costing Systems (Job Order & Process Costing)
- Factory Documentation Cycle
Module 7: Odoo ERP for Manufacturing
- Odoo ERP Overview
- Factory Environment Setup
- Module Configuration & Integration
- Cross-Department Workflow
Module 8: Inventory & Raw Material Management
- Product Creation
- Warehouse Operations
- Inventory Valuation
- Material Tracking
- Stock Reconciliation
Module 9: Production Management
- Creating BOMs
- Configuring Work Centers
- Creating Production Orders
- Monitoring Production Stages
- Recording Actual Material Consumption
Module 10: Production Costing
- Estimated Product Cost
- Direct & Indirect Cost Allocation
- Labor & Overhead Costing
- Variance Analysis
- Final Unit Cost Calculation
Module 11: Cost Analysis & Reporting
- Production Cost Reports
- Inventory Cost Reports
- Profitability Analysis
- Data-Driven Decision Making
- Cost Optimization & Waste Reduction
Module 12: Practical Case Study
- Complete Factory Implementation
- End-to-End Manufacturing Cycle
- Recording Transactions in Odoo
- Generating Reports
- Performance Analysis & Decision Making
Learning Outcomes:
- Manage a complete manufacturing environment in Odoo ERP.
- Calculate product costs accurately.
- Monitor production and inventory in real time.
- Analyze manufacturing financial performance.
- Work as a Manufacturing Cost Accountant or Odoo ERP Manufacturing Specialist.
International Student Fees: 1100 USD
Flexible Class Options
- Corporate Group Training | Fast-Track
- Weekend Classes For Professionals SAT | SUN
- Online Classes-Live Virtual Class (L.V.C) Online Training
