As global markets become more competitive, businesses—especially small and mid-sized manufacturers—are looking for efficient ways to scale production, manage costs, and speed up time to market. One strategy gaining traction is subcontract manufacturing, a model that allows companies to outsource part or all of their production process to a third party. But what exactly is…
Tag: Inventorymanagement
How to Improve Operational Efficiency in Manufacturing: A Practical Guide
Let’s face it—running a manufacturing business in today’s world isn’t easy. Between rising costs, supply chain hiccups, and the pressure to deliver faster and better, there’s a lot to juggle. That’s why learning how to improve operational efficiency in manufacturing is more important than ever. Whether you’re managing a small production facility in Texas or…
Why More Fashion Brands Are Nearshoring to Mexican Clothing Manufacturers
In the evolving world of fashion and apparel manufacturing, agility, quality, and cost-efficiency are paramount. While traditional hubs like China, Bangladesh, and Vietnam have long dominated the space, a new player is rapidly gaining ground: Mexican clothing manufacturers. Positioned at the intersection of craftsmanship, logistics, and nearshoring benefits, Mexico is becoming a go-to destination for…
How to Use Moving Average Cost to Streamline Inventory Accounting
Managing inventory costs can feel like a constant challenge, especially when supplier prices rise and fall without warning. For business owners juggling hundreds or even thousands of products, finding a consistent and practical way to calculate inventory value is essential. That’s where a smart inventory costing method comes into play. It helps maintain accuracy, simplifies…
Perpetual vs Periodic Inventory: A Complete Guide for Growing Businesses
Inventory management is a crucial pillar of any product-based business. Whether you’re running a manufacturing operation, an e-commerce store, or a retail chain, how you track inventory can significantly affect your accuracy, costs, and customer satisfaction. One of the most common decisions businesses face is choosing between perpetual vs periodic inventory systems. In this post,…
Megaventory’s Mobile Inventory App: Full Inventory Control on the Go
Managing inventory efficiently is at the heart of every successful business but handling it from a desktop computer environment alone just doesn’t cut it anymore. As operations become more mobile and distributed, teams need tools that move with them. Whether you’re fulfilling customer orders, transferring stock between locations, or performing inventory counts on the floor,…
Types of Inventory Storage Systems and How to Choose the Right One
In the complex world of supply chain and inventory management, inventory storage systems are often the unsung heroes. Whether you’re a small business scaling operations or a large manufacturer streamlining logistics, how and where you store your inventory has a direct impact on your bottom line. In this post, we’ll go beyond the basics of…
What is a Backorder? A Complete Guide for Inventory-Driven Businesses
If you run an online store, manage inventory, or operate in manufacturing or wholesale, you’ve likely encountered the dreaded “backorder” status. Whether it’s due to supplier delays, sudden demand spikes, or miscalculations in stock levels, backorders are a critical — and often misunderstood — aspect of inventory management. But here’s the thing: a backorder doesn’t…
What Is Material Management? 2025 Trends, Tools, and Best Practices
Material management is no longer a back-office function—it’s a strategic powerhouse that can make or break your operations. Whether you’re in manufacturing, wholesale, or a hybrid eCommerce operation, how you handle raw materials, components, and finished goods determines your bottom line. In this post, we’ll break down modern material management, look at what’s trending in…
Best Small Business Inventory Storage Solutions and Tips for 2025
Running a small business is all about making the most of limited resources. That includes your space, your budget, and your time. This is especially true when it comes to storing physical inventory. From cluttered backrooms to chaotic stockrooms, inventory storage can quickly spiral out of control, hurting your productivity, cash flow, and customer satisfaction….