The IO Blog

Counterfeiting Many manufacturers are beginning to implement anti-counterfeiting practices to increase their supply chain visibility through traceability technology. There are many ways to prevent counterfeiting through track-and-trace technology, including using RFID tags,  QR or LiveQR codes, and at a minimum adding unique identification codes in order to identify products at the item level, rather than at the batch level. By assigning a unique identifier to an individual i

RFID Versus Barcodes We are often asked what the difference is between RFID and barcode technology? What is the “better” inventory management technique? A good analogy is to consider a cup of water versus a bucket of water. The cup and bucket are the technologies needed to move the water in this case from point A to B. So, in this example, the water is the data. If you have a small amount of data (4 to 20 charterers), a “cup,” or a barcode is the optimal technology to move th

Starbucks Traceability TRXio, we are always looking for great ways to illustrate its importance. This leads us to Starbucks. As you sip your morning coffee, have you ever been curious about where your beans were farmed, traded or roasted? Maybe (or maybe not) but Starbucks recently announced that it is implementing a pilot program to allow traceability in the “bean to cup” journey. To implement this new innovative new traceability technology over the next two years, Starbucks

Inventory Labeling What is Inventory Labeling? Here are few additional benefits of using inventory labels: Increases accuracy and reduces errors Reduces the number of lost items Decreases costs Increases efficiency and on-time deliveries by allowing employees to easily locate items Increases employee productivity Allows for traceability of each individual inventory item or asset Provides the ability to customize labels with names and add notes Eases cycle counts How Does Inve

Inventory Control We enjoyed Henry Clifford’s article, “Rapid Improvement Plan: Doing The Job Right The First Time.” He describes his AV company’s “Rapid Improvement Plan,” which was designed to incentivize employees to eliminate frustrating, unbillable “go back” trips to Home Depot and Lowe’s. When they reviewed patterns, they began to equip their installers with extra screws and drill bits. Their efforts reduced the “go back” trips by 50 percent, which he was estimating wer

Inventory Kitting A good example of inventory kitting is manufacturing a pre-assembled item such as a bicycle, which is made up of many individual parts bundled together to sell as an individual product. When the bicycle is sold as an individual unit, an effective inventory management system will automatically link each individual part to the bicycle. Inventory kitting is also used to produce subscription boxes, packed sets and customized goods. Kitting has numerous benefits

Inventory Management inventory management results in significant cost savings and increased profitability, many businesses fail to integrate it. As a result, they suffer from negative repercussions when it comes to long-term growth since poor inventory management adversely affects the customer experience, leading to decreased sales and customer retention. Here are a few tips for inventory management: Outsource – The days of tracking inventory in Excel spreadsheets are long go

Traceability Why is Traceability Important? Since traceability allows businesses to know exactly where an individual product is at any given time and who handled, it instantly offers the ability to boost profitability, increase employee accountability and reduce inventory loss. It also offers customers timely information needed for them to buy again, schedule a service call or accurately describe the product they purchased from you. This allows businesses to know exactly wher

Inventory Traceability Why is Traceability Important? Companies are constantly looking for opportunities to increase profit per order. What is the most efficient way to do this? Inventory traceability allows organizations to accurately track and monitor their inventory and business functions throughout their supply chains. Inventory Traceability Helps Identify Loss CEDIA, the international trade association and central touchpoint for 3,700 member companies representing the te

Happy New Year from TRXio! What is the fastest way to a more profitable 2019? The answer is simple. Inventory control. Multiple studies have revealed that regardless of industry, businesses lose or misplace 6% to 10% of their inventory each year, which greatly impacts profitability.  Through traceability, TRXio makes it easy to track, monitor and audit inventory in real-time, which increases profitability. Consider a tool that has proven its worth time and time again by incre