A lot of businesses struggle to keep their shelves full and count what’s in stock. Think of AI as a smart helper that provides a fresh approach to Tracking Real-Time Inventory Levels with AI. It uses cameras to see what’s on shelves, smart sensors to track items, and clever software to make sense of it…
Tag: software
Discover How Promising Manufacturing in the UK is
The manufacturing sector is a key contributor to the UK economy, employment rate, and GDP. Due to Brexit, some manufacturers are skeptical about UK manufacturing. This blog post will explore both the advantages and disadvantages. We’ll look at the current manufacturing landscape, key industries, and the history of UK manufacturing, which still influences current trends….
Manufacturing in Vietnam: A Key Driver of Economic Growth
Vietnam’s manufacturing landscape has been growing remarkably in recent years. Due to this growth, caused by the location of southeast Asia, its young and dynamic workforce, and the increase of foreign investment, Vietnam became a key player in the global supply chain. While big brands such as Samsung, Nike, and Adidas are already manufactured in…
How To Manage Inventory In Manufacturing?
Inventory management is very important for manufacturing businesses, especially when it comes to understanding how to manage inventory in manufacturing. If you don’t handle it right, you might end up with way too much stuff or, conversely, run out of the materials you need. That can cost you a lot of money. Indeed, good inventory…
Megaventory’s New Product Custom Fields Feature!
Customization is essential in today’s corporate environment. Whether you’re sending invoices, purchase orders, or sales quotes, the ability to personalize them to match your brand and specific company requirements adds value and professionalism. That’s why Megaventory is delighted to announce an exciting new feature to expand your customization toolkit: the ability to incorporate Product Custom…
New Megaventory Updates:Easily Delete Products from the On-Hand List, Add Batch Numbers in SO/PO, and More!
Megaventory is happy to announce new features that improve inventory and order management efficiency. Three major enhancements have been made to our most recent release: you can now remove products straight from the On-Hand Availability list; you can now add batch numbers to Sales and Purchase Orders before shipping or receiving; and you may autofill…
Empower Your Applications with Megaventory’s Enhanced API Capabilities
APIs, or application programming interfaces, are essential components of contemporary commercial software ecosystems because they provide the adaptability needed to enable smooth system integration. APIs help firms boost operational efficiency, decrease manual errors, and speed up decision-making by automating common activities. Megaventory has made several API improvements in the last 12 months to streamline communication…
QR Code vs Barcode – Which is better for Inventory Management?
Inventory management is one of the most crucial aspects for businesses that deal with physical goods, yet many companies struggle with it, often leading to missed opportunities. In fact, studies have indicated that companies with poor inventory management experience a 15% decrease in annual revenue due to stockouts. A fast, digital technology that enables you…
Revolutionizing Types of Manufacturing: Powered by Cloud & Digital Tech
Did you know the cloud manufacturing industry is projected to reach USD 200 billion by 2030? This makes it even more important to understand the nuances of various types of manufacturing and what the future holds. The time to scale your operations with just a few clicks is now! Market changes can be managed with…
Best Practices for Managing Manufacturing Inventory in Mexico
Inventory management is one of the most critical components of the manufacturing operation, making the exercise profitable. Hence, efficient inventory management cannot be overemphasized in Mexico, one of the world’s most rapidly growing manufacturing destinations. Despite all the opportunities in the country, many difficulties can be solved by using specific approaches. By improving stock management,…