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Megaventory Inventory Management

This is an Integration with a Third Party Service. Other charges and fees may be required to use this extension on your Store
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Overview

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Megaventory is a US software company established in 2010 that develops megaventory.com, the web-based inventory and order management solution aimed at medium-sized businesses. Clients from all over the world have been using it successfully in a number of industries. In fact, Megaventory's extension has been constantly improved and enriched with new features since 2014, thus showing the company's long-term experience and extensive industry knowledge. Here you can find a few videos that explain how to use the software's basic features.

If your business relies on the Magento platform, integrating it with Megaventory will take your supply chain operations to the next level while keeping products and clients synced across eCommerce and software platforms over multiple physical inventory locations in real-time. As of the latest Megaventory Inventory Management extension version, multiple Magento installations are supported as well!

Megaventory's extension upgrades your Magento eShop so that you are able to handle orders from your clients more efficiently. Essentially, it syncs incoming Magento orders with the software allowing you to follow which stage they are at (verified, shipped, invoiced, closed). In addition, Megaventory tracks inventory levels for your Magento products and syncs all relevant information, so that it can be displayed on the eShop's frontend for clients' reference. Similarly, returns can be handled via Megaventory and relevant information can be displayed in your Magento backend for the sake of your clients. Product, client, shipping, and other information are synced in real-time across the two services by means of the Megaventory Inventory Management extension. Multiple locations as well as connecting multiple Magento eShops to share their inventory is also supported.

 

Account & Pricing

The Megaventory Inventory Management extension itself is free of charge but must be used together with a Megaventory account subscription. After the extension has been installed in Magento, merchants need to sign up for their separate Megaventory account here. The Megaventory account is provided for a monthly subscription fee - details about the fees are available here.**

The Megaventory Pricing is as follows:

  • Pro (5 Users, 50k Transactions, 20 Locations, 20k Products, 20k Clients, 2 Hours Training, 5 Different Integrations): $150 USD / month
  • $50 / month / extra User (up to 35)
  • $50 / month / extra 10K Transactions (up to 100K)
  • Enterprise (anything higher than the upper Pro limits): Custom Quote

 

Benefits

  • With Megaventory your Magento site can be upgraded in the following very significant manners.
  • You'll be able to show in real-time your products' availability in the Magento frontend based on actual stock levels.
  • You can connect more than one warehouse, store, or another type of location at your disposal and the stock representation in the Magento frontend will be correct.
  • Once an order arrives in Magento, you'll have the capability to process it properly from verification to shipment to closing in the Megaventory backend ensuring a best-practice approach in running your eShop.
  • A lot of the information in one system is automatically synced to the other as necessary saving you significant time you would otherwise be spending making double entries.
  • Additional functionality such as bundling, returns, etc. is also seamlessly handled. 

 

How The Extension Works 

The Megaventory Inventory Management extension will create an additional section in your Magento admin panel where you can manage the extension from. In order to use the Megaventory Inventory Management extension, it is necessary to enter a few initial settings and perform an initial sync with your Megaventory account (both one-off tasks). Following successful sync, you will either access Megaventory to fulfill and manage your orders or log in to Magento for the usual functionality. In any case, double entry is eliminated and any relevant information which can be synced is transferred in the background by the extension.   

 

Example Use Cases 

Typical use cases of the Megaventory Inventory Management extension are for Magento eshops which have seen significant growth (many orders per day) and need help in tracking the status of each order and the location of its associated products. Managing physical products is the core usefulness of the Megaventory Inventory Management extension (but services are also supported). Typical examples of using the extension are either retail or wholesale businesses handling apparel, electronics, hardware, furniture, etc - these are only some of the verticals supported. Businesses needing to track manufacturing are also able to benefit from the production tracking features (which are also applied in scenarios where bundling/kitting products together is necessary). 

Multiple Magento eShops which share the same inventory are also supported.

 

Megaventory Features 

Inventory Management

  • Multiple Locations / Warehouses / Stores
  • Stock Alerts
  • Returns of Goods from Clients / to Suppliers
  • Supplier Expected Dates and Lead Times
  • Inventory Changes over Time
  • Product Cost Tracking over Time
  • Landed Cost Calculations 
  • Inventory Aging Report
  • Serial Numbers
  • Transfer between Locations
  • Pick/Receive by Sublocation
  • Product Bundles 

Order Fulfillment

  • Sales Orders from Clients
  • Purchase Orders to Suppliers
  • Sales Quotes for Clients
  • Shipping Providers and Costs
  • Shipping Labels
  • Partial Shipping / Partial Receiving
  • Consignment Sales and Purchases
  • Dropshipping Sales and Purchases
  • Automated Fulfillment Capability Check
  • Services

Report Creation

  • Inbound and Outbound Movements
  • Availability Levels
  • Gross Profit
  • Inventory Value
  • Business Intelligence ready
  • Report Sharing to Users
  • Picking and Packing Slips
  • Delivery Slips

Manufacturing Tracking

  • Bill of Materials
  • Allocation of Components to Production Orders
  • Full / Partial Receipt of Finished Goods
  • Quick / Bulk Manufacturing Updates
  • Multiple Level Manufacturing
  • Work in Process Cost
  • Labor Costs per Production Order
  • Production Order Printouts
  • Lot Numbers/Expiry Dates
  • Tracking Numbers  

Data Administration

  • Multiple Company Accounts 
  • Sophisticated User Permissions
  • Detailed User Activity Logs
  • Backup and Restore at any Time
  • Data Import / Data Export
  • Drilldown Data Capable
  • Multiple Currencies
  • Currency Exchange Rates
  • Pricing Rules
  • Contacts Management

Software Customization

  • Localized into Multiple Languages
  • User Customizable Texts
  • Rich and Straightforward API
  • Custom Document and Invoice Templates
  • Custom Product / Client / Supplier Fields 
  • Custom Automatic Invoice Numbering
  • Customizable Barcode Labels
  • Barcode Scanning / Barcode Printing
  • Direct Data Access via Intuitive Cards
  • Document Email Automation 
  • Multiple Integrations


Full Documentation

Full documentation about the Megaventory Inventory Management extension is available here.

Technical Specifications

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Seller profile

Megaventory Inc

Seller contact

E-mail

Integrator

Megaventory

Current Version

1.4.5

Adobe Commerce platform compatibility

Magento Open Source: 2.4 (current), 2.1 (obsolete), 2.2 (obsolete), 2.3 (obsolete)

Type

Stable Build

Updated

08 August, 2023

Categories

Extensions, Shipping & Fulfillment, Order Management (OMS)

Documentation

User Guides

License Type

MIT License (MIT)

Policy

Privacy Policy

Quality Report

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Installation & Varnish Tests

Passed

Coding Standard

Passed

Plagiarism Check

Passed

Malware Check

Passed

Marketing Review

Passed

Manual Testing

Passed

All tests were conducted on the latest versions of Adobe Commerce that existed for the compatible release lines at the moment of the extension submission. Latest versions of all other software were used, as applicable.

Release Notes

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1.4.5:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Resubmission of the version that is compatible with PHP 8.1 that is compatible also with Magento 2.3.7

1.4.4:

  • Compatible with Magento Open Source : 2.4
  • Stability: Stable Build
  • Description:

    Compatibility with PHP 8.1

1.4.3:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    This release include improvements and minor features including

    * Orders now synchronize the payment method based on user defined mappings
    * Address data synchronize on separate fields
    * User can choose an attribute to synchronize barcodes for the products
    * User can choose the store view from which the data will be retrieve when synchronizing products
    * User can choose a default inventory as a fallback in case the multiple inventory selection algorithm fails
    * Minor performance improvements
    * Minor bugfixes

1.4.2:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    This version provides flexibility with the bulk stock export procedure. Specifically it allows for:

    * Choosing the status which the adjustment document will be issued(Pending/Approved)
    * Including the products purchase price(cost to purchase the product from supplier) which the attribute is defined by the user in the Megaventory Settings page.

    It also has minor bug fixes.

1.4.1:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Release Notes

    Redesign for the administrator UI
    The ability for the user to choose document templates for orders and adjustment documents
    Bug fixes


    User Documentation for the latest features

    1) Picking a document template for orders based on Magento Website
    (Requirement: The extension must be initialized and the order synchronization must be enabled, also a cache clean might be required if you changed the setting recently)
    Go to the administration panel
    Select Megaventory on the sidebar menu
    Select Order Templates on the sliding menu that comes in
    On the page, the user will see an overview with the current available order templates and which Magento websites are currently assigned to
    Clicking the "Edit" on the template that you want to change, will let you pick the Magento websites that this template will handle the sales orders
    Clicking "Save" at the top of the page will save the changes

    2) Picking an adjustment document template for a Megaventory Inventory Location
    (Requirement: The extension must be initialized)
    Go to the administration panel
    Select Megaventory on the sidebar menu
    Select Settings on the sliding menu that comes in
    Click on the Tab "Megaventory Inventory Locations"
    Clicking "Edit" on the location you want to change will take you to a page where you can edit various associations for the Megaventory Inventory Location
    Now you can choose your adjustment templates on the respective tabs
    Clicking "Save" at the to of the page will save the changes

    3) Associating a Magento Inventory Source with a Megaventory Inventory Location using the redesigned UI
    (Requirement: The extension must be initialized)
    Go to the administration panel
    Select Megaventory on the sidebar menu
    Select Settings on the sliding menu that comes in
    Click on the Tab "Megaventory Inventory Locations"
    Clicking "Edit" on the location you want to change will take you to a page where you can edit various associations for the

1.3.0:

  • Compatible with Magento Open Source : 2.3 2.4
  • Stability: Stable Build
  • Description:

    Compatibility with Magento 2.4 and Magento 2.3 synchronization with the multiple source inventory system.

    Changelog:
    Removed the "default inventory" functionality and replaced it with the multiple sources that recent versions of Magento provide

    Administrator backend elements to support the functionality.

    Adapted stock and order synchronization procedures to synchronize on the assigned inventory sources.

1.2.2:

  • Compatible with Magento Open Source : 2.1 2.2 2.3
  • Stability: Stable Build
  • Description:

    Fixes a bug on Product Import Observer.

1.2.1:

  • Compatible with Magento Open Source : 2.1 2.2 2.3
  • Stability: Stable Build
  • Description:

    New version of Megaventory extension

1.1.0:

  • Compatible with Magento Open Source : 2.1 2.2
  • Stability: Stable Build
  • Description:

    v1.1.0
    - support for notification of customer via email in Megaventory
    - support for splitting large volumes of sync data to prevent timeouts
    - improved user deduplication based on name and email
    - Magento Marketplace compliance

    v1.0.0
    This version covers the integration of Inventory/Stock, Products, Clients and Sales Orders between Megaventorty and Magento 2.

Support

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The best place to start if you need help with a specific extension is to contact the developer. All Adobe Commerce developers have both a contact email and a support email listed.

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