Managing an online store has a lot of moving parts. And a huge part of it is about managing your inventory so that products are readily available for timely delivery to the customers while ensuring they don’t expire in your warehouse itself. Simply put, you need to ensure efficient inventory management. Here’s why… Why Is…
Category: inventory management software
How to Choose and Implement the Ideal Cloud Inventory
Before the digital age, warehouses, restaurants, and companies would manage inventories using plain paper and pencil. They would use proprietary techniques to keep track of things, such as tagging items. Nowadays there are a lot of companies that have decided to move to inventory management software. But the question is how to choose the ideal…
WooCommerce vs Shopify: Which One Is Better for Your Ecommerce Store?
Shopify and WooCommerce are among the top well-known platforms for ecommerce businesses worldwide. The question is; which one is the best ecommerce platform for your inventory management? Let’s look into these two platforms explicitly. What about the order management features that they provide? Let’s learn more about Shopify First of all, Shopify is a closed-source…
Inventory Risks and How to Avoid Them
No matter how good your inventory management is, there are some risks that most businesses can not predict. Which are these inventory risks and how you can avoid them? Which Are The Most Common Inventory Risks? 1.You Aren’t Fully Digitalized Are you using spreadsheets to track your inventory? Even if you do, are you sure…
This Is Why This Year’s World Maritime Day Is Special
World Maritime Day is celebrated every year, on the last Thursday of September. It is founded by the United Nations (UN) in collaboration with the International Maritime Organisation (IMO). The purpose of it is to bring awareness to the importance of the maritime industry, as it strongly supports the global economy. It also emphasizes the…
Learn About Negative Inventory And How To Manage It
It may seem absurd to have a negative inventory, but this is not such an uncommon situation. It basically means that your promised inventory levels are higher than what you already own in your stock. So, you cannot honor the corresponding orders quite yet. Of course, you should be cautious with this, because a negative…
Easy to Use Inventory Management is a Priority
In general, the main goal that pushes companies to use inventory management software is to gain time. They are searching for a solution that can allow them to do their tasks easily and quickly. And an intuitive inventory management software can be part of the solution for them. The reason is that it can help…
Here Is Why You Need to Connect Accounting and Inventory Management and How To Do It With Xero and Megaventory
Have you synced your inventory management solution and your accounting solution? If not, you definitely should. If you are using QuickBooks Online, we have the best news for you! Megaventory integrates natively with it. If you prefer Xero, we have good news too: Megaventory integrates with Xero via Zapier. Connecting inventory management and accounting is…
Multiple Companies and More Coming to Megaventory
The Megaventory team is proud to announce that after extensive testing we are finally in the process of rolling out a major new update that contains new important functionalities like multiple companies feature, payment methods, and more. This blog post is about to explain the basics of the features, the purpose of them being added,…
How Important is Inventory Management Software for Large Businesses
Inventory management software is an important element of any business unit. It helps to monitor the expenses, incomes as well as profits and understand the current scenario of working. This software is of major use as for any business unit managing inventory stays a typical task. The inventory management software benefits almost every part of…