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…
How To Customize The Language And Terms In Megaventory
Editor’s Note: This blog post was originally published in July 2020 and has been fully updated and improved in October 2024 to be comprehensive and easily understood. In Megaventory, we understand that switching to new software or changing the inventory management system might sometimes be challenging. This is why we don’t want the language to…
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…
Megaventory in the top 15 Gartner Category Leaders
This year we’re once more happy and proud to have Megaventory included by Gartner’s GetApp among the top 15 Inventory Management Category Leaders! This is a result based on user reviews placed 100% by our customers in the Gartner sites such as getapp.com, capterra.com, and softwareadvice.com We’ve found these tools to be invaluable to our…
Top 5 Cyber Security Threats for Businesses You Might Not Be Aware Of
Editor’s note: This post was originally published in February 2020 and has been updated in October 2022 for accuracy and comprehensiveness. Cyber security continues to be a threat to businesses in 2021. Despite advancements in Cyber Security solutions, 2019 has already seen 4 billion records breached, according to Norton. These vary from mega-breaches that grab…
What You Need To Know About The Benefits and Features of Magento For Your eCommerce Store
Having gone through the key advantages of adopting Magento as your solution of choice when it comes to e-commerce, we now consider the benefits and features of Magento. For that, we have invited Syed Muneeb Ul Hasan, the Magento Community Manager at Cloudways, the popular Managed Magento Hosting Platform to provide insights. Magento is a leading Content Management System (CMS)….
How To Use Magento To Boost Your eCommerce Sales
Editor’s note: This post was originally published in October 2019 and has been completely revamped and updated in August 2022 for accuracy and comprehensiveness. Although eCommerce and online purchases have been booming, many businesses hesitate to adopt online sales. Typically companies think that eCommerce brings challenges like complexity, the necessity of constant optimizations, and difficulties…
How to Find the Best Order Management Software
Regardless of your exact business type, if you are handling orders from suppliers and to clients, it is most likely that the competition is constantly growing. As such, it is important to be as efficient as possible while you try to grow your business. The appropriate business software is one of the solutions you need…
Selling a Business With Inventory: How to Value Stock
Editor’s note: This post was orginally published in July 2019 and has been completely revamped and updated in June 2022 for accuracy and comprehensiveness. This is a guest post by contributor Marla DiCarlo. It outlines how inventory and its value should be approached in any company which handles stock. The business depends on keeping detailed…
How to choose a supplier based on product lead times and availability
If you run your own retail or wholesale company, you need to ensure a supply chain that works as efficiently as possible. The essential task that you must follow is to know how to choose a supplier to work with. While you manage your sales and orders, the right choice of supplier can help you…