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…
How To Improve Your Inventory Management
Editor’s note: This post was originally published in December 2018 and has been completely revamped and updated in October 2022 for accuracy and comprehensiveness. When you want to improve your inventory management, you need every process to move like a well-oiled machine. As one of the last and most important steps in the retail pipeline…
How to Use Weighing Scales For More Efficient Inventory Management
It is crucial for every single business which deals with inventory to keep track of it. However, keeping track of each and every piece of inventory can be extremely challenging, especially if the inventory consists of small parts. In fact, counting such parts by hand is rather impractical. So what do you do? You implement…
Manufacturing Challenges and How to Overcome Them
Editor’s Note: This blog post was originally published in September 2018 and has been updated in November 2025 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…
“Out of Stock”: 3 Inventory Management Horror Stories You Need to Learn From
Inventory management problems are no theoretical issue. In fact, it’s still with us in 2022. Let me share an example: Earlier this year, I was shopping for spinach at one of the larger supermarkets in my neighborhood in Toronto. The only options were salad greens… however, like Popeye, I prefer spinach! I ended up tracking…
ERP Integration: Why Zaps Is The Best Solution
Editor’s Note: This blog post was originally published in January 2018 and has been fully updated and improved in August 2023 to be comprehensive and easily understood. Getting your work done as a modern business requires the combined use of many apps. That’s why your ERP integration is important. You may have a CRM app…
Why Customers Leave: Megaventory’s Study on Churn
The main ambition for most – if not all companies – is to reach more people and grow their client base. In the mind of many, it’s simple mathematics. More customers means more revenue. Seems reasonable, right? Well, not exactly. According to various studies, it is actually more profitable and cost-effective to retain and satisfy…