How Does An Inventory Management System Save You Money? According to Investopedia, “inventory costs run generally between 20 percent and 30 percent of the cost to purchase inventory,†If you do the math, this means that...
“When you’re finished changing, you’re finished †– Benjamin Franklin Once again, Franklin had it right. You have to embrace change to keep moving forward. Despite this, many people simply don’t like change, so many...
Build a Culture of Accountability in Your Organization Accountability is critical to the long-term success of any business since it decreases inventory loss, boosts profitability and increases profit margins. Without...
“I don’t need to know everything; I just need to know where to find it, when I need it. “ -Albert Einstein We built TRXio with this quote in mind, since our inventory management system allows users to locate their...
When a company experiences inventory inaccuracy issues, problems extend through the entire supply chain to the end customer. When a company experiences inventory inaccuracy issues, problems extend through the entire...
Reid Hanson, chief executive officer and founder of Cairnstack Software, was featured on rAve Television at CEDIA 2019. Hanson discusses how TRXio – inventory management software – offers a real-time, management...
Ignite Growth and Build a Competitive Advantage from Within Featuring Simon Sinek’s “Start with Why†TRXio™, part of the Cairnstack ecosystem, will present a complimentary business educational series on growth and...
The CEDIA Expo brings together more than 20,000 home tech pros and 500+ exhibitors to the leading event in home technology. Receive concentrated access to new products, breakthrough innovations and targeted training in...
According to Investopedia, “inventory costs run generally between 20 percent and 30 percent of the cost to purchase inventory,†If you do the math, this means that a company might spend approximately $20,000 to $30,000...
We Take Software Accuracy Seriously What Can a Software Error Cause? The US Department of Commerce’s National Institute of Standards and Technology (NSIT) estimates that software bugs cost the American economy an...
Which is the Best Method for Your Business? Business owners often overlook a critical component of operations management – their inventory management system, which can have a huge impact on a company’s operations, tax...
Inventory Management Technique: ABC The ABC method uses three different inventory categories, including: Class A: High priority items that directly impact your business’s success. Customers request these products most...