Inventory management software has become an integral part of eCommerce sites. As the demand for inventory management software has doubled in the past five years, many will wonder what the benefits of such a change are. Simply put, the advantages inventory management offers to eCommerce businesses are hard to ignore. The automation of mundane everyday…
Tag: Inventorymanagement
How Bad Inventory Management Results In Lost Customers
Inventory management affects the whole customer experience in many ways. Since inventory management is the process of purchasing, storing, and selling products, it can have an impact on customers. Thus, bad inventory management, like slow delivery and product unavailability, can lead to customer dissatisfaction. Let’s see what we mean by customer satisfaction and bad inventory…
Inventory Management vs Warehouse Management: Is There a Difference?
We constantly hear about inventory vs warehouse management. Many times, those two are also used as synonyms. But are they actually the same thing or is there a difference between them? Also, why are they important for businesses? Let’s dive into their differences, similarities, and their importance! What Is Inventory Management? Inventory management focuses on…
5 Reasons Why Accurate Inventory Is Essential for Business Success
One of the most common obstacles a business will ever face is managing its inventory. Accurate inventory management can prove to be very challenging, especially if there are multiple storage locations and many products to handle. Nevertheless, an accurate inventory will give you valuable insight into your business’s operations, pain points, and strengths. Therefore, targeting…
Megaventory Now Integrates With ShipStation!
Recently we rolled out some highly requested features for Megaventory’s order management integration with WooCommerce. But the great news doesn’t stop here! Now you can integrate Megaventory with ShipStation! ShipStation is a shipping software designed to make retailers efficiently ship their online orders. Let’s see how this shipping integration with our inventory management software can…
5 Reasons Why You Need Barcode Scanners For Managing Inventory
Nowadays barcode inventory control is the quickest and safest way of monitoring your inventory. Are there any benefits of barcode scanners for inventory? As we have already said in the past, barcode scanning is an effective system that aims to reduce human errors. Are you still thinking if barcode scanners are worth to be added…
7 Important Tips to Quickly Grow Your Wholesale Business and GPO
Group purchasing organizations (GPO) are organizations that can help wholesalers to buy goods in bulk. If you want to grow your wholesale business, you should start using a GPO. That’s because they can help you save time and money and expand your business to new heights. Also, a proper inventory and order management system like…
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…
What You Need to Know For Inventory Management in B2B vs B2C
You have already heard about B2B and B2C companies, right? But how much do you know about these types of businesses? Nowadays, a company will often be either business-to-business or business-to-consumer. What does each category stand for? And how does their inventory management differ? Let’s check it together. What Is a B2B Company? In Business-to-Business…