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Introduction Inventory Management is one of the most important priorities of a business. By managing your inventory you can make your business more efficient, avoid mistakes, and reduce costs. This way you can make the most out of your business and have the best results possible. But sometimes it’s difficult to find the right techniques…

Definitions Of FIFO And LIFO Having a business comes with a lot of responsibilities. You have to make sure that everything goes as planned on every occasion. So it’s only natural you want the best for your business. When managing your company’s inventory there are a lot of different methods that one can follow to…

Introduction Having a business comes with a lot of responsibilities. One of them is purchase order management. This refers to the process of creating, tracking, and managing purchase orders within the business. Specifically, a purchase order (PO) is a formal document issued by a buyer to a seller, indicating the intent to purchase goods or…

A new report was published by Software Advice, a company that helps buyers navigate their software evaluation journey. Megaventory was recognized as one of the best Warehouse Management software for businesses in its top-rated software solutions report. Additionally, Software Advice has recognized Megaventory as a Top Inventory Management Software. Are you interested in giving Megaventory…

Introduction to barcodes Barcodes have existed for over 50 years and have become indispensable for data storage. They gained popularity through UPC and EAN codes, which sped up supermarket checkouts. There are now around 30 important variants of barcodes used worldwide. Barcodes fall into two categories: one-dimensional (1D) and two-dimensional (2D). 1D barcodes have lines…