Overview
The client operates in the scrap trading industry, purchasing recyclable and reusable materials from various vendors and reselling them to different customers based on pre-defined agreements. The core need was a centralized ERP system to manage fragmented procurement, dynamic pricing models, partial stock selling, and financial tracking — all tailored to the unique workflows of the scrap reselling business.
Challenges
- Managing procurement from multiple vendors for the same material.
- Tracking partial sales from bulk purchases with accurate inventory updates.
- Maintaining compliance and clarity in vendor-customer-specific agreements.
- Integrating financial and stock flow seamlessly for accurate profitability tracking.
- Customizing the system for scrap-specific stock valuation and manufacturing processes (e.g., repackaging, sorting).
Solutions
- An ERP system was implemented using Odoo, configured and customized to meet the unique requirements of scrap trading:
Modules and Features Deployed
- Sales:
- Handled customer agreements, partial deliveries, pricing strategies, and invoicing.
- Purchase:
- Managed vendor contracts, batch purchasing, and procurement scheduling.
- Inventory:
- Enabled real-time stock updates, partial issue tracking, and stock aging reports.
- Accounting:
- Integrated financial module for vendor payments, customer billing, and ledger management.
- Manufacturing:
- Used for sorting, repackaging, and transforming scrap into salable forms.
Custom Features
- Agreement-based order processing (both purchase and sale)
- Scrap-specific UoM and stock valuation logic
- Alerts for minimum stock and deal expiry
- Custom dashboards for daily deal tracking and margin visibility
Outcome
- Agreement-based order processing (both purchase and sale)
- Scrap-specific UoM and stock valuation logic
- Alerts for minimum stock and deal expiry
- Custom dashboards for daily deal tracking and margin visibility
Conclusion
- This ERP solution significantly improved the client’s operational workflow, allowing them to focus on expanding their network of vendors and customers. The tailored system now serves as the backbone of their day-to-day trading operations, helping ensure traceability, compliance, and profit optimization
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