Summary
Inventrol llc
Founded in 1999
Description
Inventrol is a company founded on the premise that solutions to real world business problems can be achieved by applying common sense and technology in an innovative way. The foundation of Inventrol's approach is to understand the problems that businesses experience and create solutions that are practical and cost-effective. One of the first applications of this principle is manifested in the company's TracRacTM product. Customers had observed that they had very little control over the loss of small and highly valued products in their supply chain. In this case, convenience store operators realized that cigarette products were 'disappearing', therefore they were losing profits, and they had no knowledge of their losses until it was too late to do anything about it. It seemed all they could do was accept the losses (known as shrinkage) as "the cost of doing business". Inventrol had a better idea. Why not create a system that can completely control the store's inventory from its receipt in the store to the actual sale of the product to its customers ? And at the same time why not inform the store owner instantly when an inventory item was not accounted for, provide a video link at the date/time of the occurrence, and also provide a convenient reorder reminder so that the controlled items would always be in stock? Inventrol has taken this innovative approach to solving customer challenges and expanded its offering to any or all selected inventory items at a retail store level as well a other applications for different industries. Inventrol has identified the need for financial service companies to control and secure their storage media to satisfy their fiduciary custodial requirements. Other applications are in the works. Inventrol believes that innovation is the engine of its success. Our products are developed with the goal of providing our customers the tools to answer business problems and business needs with speed and agility.
Strengths
- There are no known strengths for Inventrol llc
Annual Revenue
Inventrol llc's annual revenue
$6600000
Based on Kona Equity data
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Revenue per employee
$200000
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Variance of revenue growth
0.02
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Annual revenue growth since founding
$264000
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Revenue growth rate from first known quarter to current
6.5%
Employee Count
33 employees
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Employee growth rate from first known quarter to current
6.5%
G Score - 0
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
Location
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Key Information
- Name: Inventrol llc
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By City Hanover
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By State NH Small companies in NH
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Firmographic data Founded in 1999
Frequently Asked Questions
Inventrol llc's headquarters are located at 15 Dresden Rd. Hanover, NH 03755.
Inventrol llc's official website is inventrol.com
Inventrol llc's annual revenue is $6.6 M.
Inventrol llc has 33 employees