Do you manufacture products that are perishable, or have perishable parts? If so, you will definitely want to check out how can batch numbers in manufacturing businesses help you. Batch numbers help you keep track of your incoming and outgoing goods, but at a whole new level. Because each batch number has an expiration date,…
Category: production
How to Do Serial Number Inventory Tracking With Megaventory?
Editor’s note: This post was originally published in September 2020 and has been completely revamped and updated in November 2023 for accuracy and comprehensiveness. The serial number feature is essential for full traceability throughout the manufacturing process. It allows Megaventory users to track the movements of individual items in their inventory from the moment of…
What Types of Inventory Costs Should You Keep In Mind?
Running and managing the different types of inventory costs of a business is a tricky ordeal that requires a lot of things. The requirements are monitoring, tracking, and organizing a company’s transactions, expenditures, and purchases. The most important metrics that companies need to focus on are monitoring the way of performing sales, inventory sales, advertising, or…
Manufacturing Challenges and How to Overcome Them
Editor’s Note: This blog post was originally published in September 2018 and has been updated in January 2023 for better understanding and comprehensiveness Modern manufacturing companies have a lot on their plates. While you’ll often hear for example how manufacturing is on the decline in the United States, that’s actually not the case in many…
Customer Perspective: how Lacrima benefits from ERP
This is another post in our series where we present a sample of our wide range of clients – and how the use of an ERP fits their needs. In order to better demonstrate the varying industries and types of clients we have selected Lacrima – a small non-governmental organisation which has members across three…