Inventory kitting

Inventory Management Technique: Kitting

Kitting, an often overlooked yet effective inventory management technique, works well for many retailers and wholesalers, especially in a lean manufacturing environment. Kitting, or product bundling, is the process of grouping individual but related items into one sellable item. IKEA is a retailer that is well known for inventory kitting. A good example of kitting […]

Inventory management techniques - cycle counting

Inventory Management Technique: Cycle Counting

We realize that managing inventory can be a challenging, time-consuming task for many small businesses. And, trying to manually manage inventory can make it even more daunting. To ease small business inventory management, it is essential to conduct a manual, physical inventory control process, in addition to implementing a robust inventory management system like TRXio. […]

Inventory Management Software: What Type Does Your Business Need?

Inventory Management Software: What Type Does Your Business Need?

Inventory Management Software: What Type Does Your Business Need? What type of inventory management software does your business need?  A very important question. Since we realize that is a big decision to select the right inventory management software for your business, the TRXio team has put together a rundown that might help you. Industry Specific […]

Inventory Turnover Ratio

Inventory Management Techniques

Inventory Management Techniques: The Rundown What are the different inventory management techniques? To properly manage operational costs and cash flow, selecting the right inventory management system is key. This is especially true for small businesses as proper inventory control is essential for growth and success. No matter what inventory management tool is used, the goals include […]

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Cycle Counting: Advantages and Best Practices

Small entrepreneurs faced with limited resources can find various aspects of running a business challenging. Managing inventory manually and checking for inaccuracies can be an extremely time consuming task. While there are technology tools to help you manage inventory, including TRXio, it is also important to implement an in-house system of manual, physical stock counting. […]