Generally, as a manufacturing or wholesale company you are probably mostly worried about inventory theft. In fact, tracking your products and knowing perfectly what you dispose of is a key to success and efficiency guarantee. In this post you will see how Megaventory – our cloud-based ERP software can help you prevent your company from an inventory shrinkage.
Track Your Products Over Time
Firstly, with Megaventory you will be able to track your products depending on their location. Thanks to this functionality, you will avoid inventory theft, whereas you will be able to know your accurate stock count on each location. You can register your products and your locations as soon as you start your free trial account in Megaventory. This will allow your firm to know which products are available and where it will be updated after each operation that you will do. In the illustration below you can see an example of a table that you can find on Megaventory.
Moreover, with Megaventory you will be able to track your products over time. Indeed, you will have access to report all the product movements that were made in the software. Likewise, you will be able to know what you’ve done until now, as well as ensure that you will loose nothing . These detailed reports can provide you with all the necessary information. Besides, you can display them in your preferred way.
Keep Track Through Documents
To counter inventory theft it’s important to keep track of what steps you have done previously. For this purpose, in the Megaventory application you will be able to receive documents of each operation that you will order. In fact, you will create a document for each sales or purchase order. Using Megaventory, stocks can only change once you create a document. Even quick stock changes generate a document. That permits to make the process safer and clearer. Let’s have an example of a Sales invoice that you will find on Megaventory.
Once you fill in information regarding the sales order, Megaventory has the capability – if appropriately set – to require you an approval to complete your operation. In addition, the document created will permit you in the future to follow your sales order and know precisely what you’ve done in the operation.
Add Multiple Users
A Megaventory subscription gives permission to have 5 users at maximum to use the software in its smaller tier. First of all, an admin account will be created. Later on, the admin will give the authority for other users to make operations on their own. Megaventory provides you with a system of which users can be limited from accessing locations, clients, suppliers and removing or adding stock.
With Megaventory, every inventory movement is logged and attributed to a user. Thanks to our software’s powerful logging features, it’s possible to trace who performed which operation and when. Moreover, all the operations made by the users are tracked in “History”. As a consequence, this allows you to follow what you did over time. Having such functions in mind you shouldn’t worry at all – a strong and reliable software. Megaventory is here to counter any possibility of inventory theft.
Owing to our software, your employees that will use it will be capable of examining and avoiding inventory theft. Because of the ease of use of our software and our support at all times, they will be personally able to check and trace the different operations that you have performed. As an admin it will not be compulsory for you to check the inventory at each level because your employees will be able to do it.
Megaventory Provides You the Solution to Your Issues
To sum up, with Megaventory you can easily counter inventory theft. You will be able to keep track of every operation that you will do over the time. You can also count on timely and expert support from our teams to help you in your inventory management.
Megaventory would love to help you with your inventory management. If you want to make up your own mind about our software, you can subscribe to a 15 day’s free trial. We would be glad to show you how the software works, feel free to ask for a free demo!
Nathan Bardonnaud works as a Marketing content creator for Megaventory, the online inventory management system that can help medium-sized companies synchronize stock and manage purchases and sales over multiple stores.