Traxlo

Traxlo

Internet Marketplace Platforms

Future of work platform. The operator of grocery store tasks & staff marketplace - tasku.app.

About us

We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager who has lots on her plate, day in, day out. We created and operate the future of work platform Tasku.app.

Industry
Internet Marketplace Platforms
Company size
11-50 employees
Headquarters
Vilnius
Type
Privately Held
Founded
2020
Specialties
retail, grocery, tech, marketplace, and staff

Locations

Employees at Traxlo

Updates

  • View organization page for Traxlo, graphic

    672 followers

    🚨Retailers, adapt now or risk being left behind! 🚨 As we look ahead to the next decades, two key trends will drastically reshape the workforce landscape: 🔻AGING POPULATION: By 2100, the EU will see a significant demographic shift, with older people making up 32.5% of the population, up from 21.3% in 2023. This could mean up to 145 million fewer people in the workforce. 🔺GIG ECONOMY BOOM: Meanwhile, the gig economy is skyrocketing. By 2025, more than 43 million people in the EU will be working on labor platforms, up from 28.3 million in 2022. ❓What does this mean for the retail industry? The traditional pool of regular staff is shrinking from both sides. The aging population reduces the number of potential employees, while the rise of gig work diverts talent away from full-time roles. 🤺 The solution? Embrace the gig economy trend. By integrating flexible gig work opportunities, retailers can attract a dynamic, diverse workforce and stay resilient in a rapidly changing environment. Let’s prepare for the future together – it’s time to embrace the gig economy. #Retail #GigEconomy #FutureOfWork #AgingPopulation #WorkforceTransformation #traxlo #tasku #grocery #retail #future #europe #startup

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  • View organization page for Traxlo, graphic

    672 followers

    Do you know how much you lose because of irregular and inaccurate inventory control (stock counting) procedures inside your grocery stores? Our Laurynas Norbutas have it all covered for you in his latest post. #retail #gigeconomy #inventory #control #stock #regual #grocery

    View profile for Laurynas Norbutas, graphic

    All about Retail optimization @Traxlo

    Who would have thought that minor errors in inventory records could cost millions? A 3-year study involving seven of Europe's largest retailers uncovered a significant issue with inventory record inaccuracies (IRI). The study found that around 60% of the SKUs analyzed had positive and negative discrepancies, adversely affecting sales. Correcting these inaccuracies led to a 4-8% sales increase. It also revealed that negative discrepancies—more common in the grocery and general merchandise sectors—were often due to spoilage, theft, or damage. Over time, inventory accuracy deteriorated sectors' stock counts. After correcting inaccuracies, high discrepancy SKUs saw a sales lift of over 14%, medium discrepancies improved by 7%, and low discrepancies increased by 2.11%. To address these issues, negative discrepancies efforts should focus on reducing shrinkage through better security and tracking. Streamlining backroom operations and improving the accuracy of return recordings are essential for positive discrepancies. Moreover, stocktakes should be considered necessary for compliance and strategic opportunities for sales growth. Timing them before high sales seasons and balancing their costs with potential sales increases can make a substantial difference. Full study: https://lnkd.in/d7grzEZV #InventoryAccuracy #InventoryManagement #SupplyChain #SKUOptimization #Retail #RetailChallenges

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  • Traxlo reposted this

    View profile for Paul V., graphic

    CEO at Traxlo | Grocery | FMCG | Gig work | Retail tech | Avid tennis player

    Last week we had a sit-down with Zivile Einikyte 🌪 for a conversation about Perception Paradox in my entrepreneurial journey so far and the path that led me to start Traxlo together with Almantas Zemblys. The discussion also touched some older topics, like me changing 7 schools in 13 years as a kid, getting full legal rights of an adult while being 16 y.o. to start the first business and some other things which were fun to remember 😅 #traxlo #startups #lithuania #podcast #entrepreneurship #business #journey

    View organization page for Perception Paradox, graphic

    354 followers

    E29: Is Gig Work the Future? Paul V. Weighs In on the Next Workforce Revolution Discover how gig work is reshaping our economy and society with Paul V., co-founder of Traxlo From his journey as a young entrepreneur to building a successful startup, Vezelis shares invaluable insights into the world of work and his entrepreneurial journey. He also recounts his extraordinary childhood, where he launched a business while still in high school, before taking a gap year at the age of 18 to explore more interesting things. 😁 Links in the comments. #podcast #media #startupecosystem #entrepreneurship #founderstory #gigeconomy

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  • Traxlo reposted this

    View profile for Paul V., graphic

    CEO at Traxlo | Grocery | FMCG | Gig work | Retail tech | Avid tennis player

    Last week I've had a chance to spend time in #Prague. It was a great learning experience to see a strong presence of many international #food #retailers and to learn firsthand how efficiently some of the stores are run. Perfect shelves, great atmosphere and friendly staff. On the other side of equation, city felt full of gig work talent, but as usual, not many extra income opportunities for #women. The potential for innovation in the grocery retail + gig economy here is immense, and I’m excited to bring Traxlo solutions to the #Czech market in a very near future. Looking forward to connecting with local talent and partners as we take this next step. Onwards and upwards! 🚀 #Traxlo #gigwork #grocery #innovation #Tesco #Albert #REWE #tasku #innovation #labor #VC #startup

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  • View organization page for Traxlo, graphic

    672 followers

    Paul's interview on how we started our operations in Poland via help of Huge Thing 🇵🇱

    View organization page for Huge Thing, graphic

    3,889 followers

    Every milestone and challenge leads to something huge 💙 ... And we have proof! 😎 Meet Paul V., the co-founder of Traxlo, and find out how they navigated their startup journey, faced obstacles, and scaled across borders 🛤 Check out our latest #MeetOurAlumni interview and get inspired 👉 https://bit.ly/3Yil3CS And who knows their story might just be the spark you need to make your step forward 💫 Don’t let your chance slip by and apply to the Startup Booster! Don't wait, applications are open only by July 28th 📅 https://lnkd.in/guV7wnka Your story starts here 💪✨

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  • View organization page for Traxlo, graphic

    672 followers

    Great to see our partners Invafresh (ex. Whywaste) make strides and now united together with Upshop to have even stronger platform for freshness promotion inside the grocery stores around the globe! 🌍 Ping Paul V. or Ben Holden to talk about the best in class food waste management solutions!

    View organization page for Invafresh, graphic

    23,234 followers

    🚀 Exciting News! Upshop and Invafresh Unite to Transform Global Food Retail Technology 🌍 We are thrilled to announce the launch of the first global retail operations platform built specifically for food retailers. This groundbreaking innovation is designed to continuously redefine best-in-class store operations and enhance the shopper experience. 🔹 Global Reach with Best-in-Class Technology: Serving 35+ countries and 400+ retailers 🔹 Addressing Major Food Challenges: Availability, affordability, and waste 🔹 Empowering Associates: Enabling them to deliver the best shopping experience possible 🌟 What’s Next: - Guaranteed Freshness, Optimized Inventory, Eliminating Food Waste - Launching solutions for FSMA204 and DSD inventory optimization - Elevating associate app experiences with gamification Stay tuned as we continue to revolutionize the global food retail industry! Learn more: https://lnkd.in/gzYbbyiM #FoodRetail #Innovation #Technology #Sustainability #Invafresh #Upshop

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  • View organization page for Traxlo, graphic

    672 followers

    Proud to share that Traxlo has been selected as one of the #Top11 🌍 innovations for product #OnShelfAvailability (aka #OSA) in #retail by the ECR Retail Loss Group from Belgium. This recognition by 36 industry expert judges and possibility to present our #gigwork based retail innovations to 200+ retailers and FMCG brands highlights our dedication to the industry success.🏆 🙏 A big thank you to our dedicated team and partners for working, testing and improving together. We look forward to continuing our efforts to provide #flexible #workforce innovation which is able to adapt to many product On-Shelf-Availability processes, use existing or top line #AI tools for data capture and provide OSA results together with 20% savings on work hour costs. Stay tuned for more updates as we continue to innovate and grow! 🚀 Link to the whole group of 11 shortlisted OSA innovations at the ECR event in the comments. #Traxlo #RetailInnovation #ShelfAvailability #ECR #TeamSuccess #grocery #startup #gigwork #FMCG

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  • View organization page for Traxlo, graphic

    672 followers

    Traxlo is Heading to Shoptalk #Europe 2024! Shoptalk Europe is a pinnacle event in the retail sphere, gathering the industry's foremost innovators and visionaries under one roof. So if you'll be there and are interested in how our local gig workers can help you reduce 20% hourly costs on the shopfloor, increase OSA, control internal shrinkage & phantom inventory - ping our Paul V. & Laurynas Norbutas before or at the event to meet. See you in Barcelona! #ShoptalkEurope #RetailTech #Ecommerce #Innovation #Traxlo #Shoptalk2024 #gigwork #staffing #OSA

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  • View organization page for Traxlo, graphic

    672 followers

    🎉 Congratulations to our CEO, Paul V.! 🎉 Paul's MSc thesis on "Barriers for the adoption of artificial intelligence tools by multinational retail organizations," completed at ISM University of Management and Economics, has been published as an industry paper, thanks to the invaluable support of Professor Gurram Gopal, Ph.D., from Illinois Institute of Technology. With 8️⃣ years of experience in the retail tech industry, Paul continues to contribute to the field. This publication is a testament to his dedication and expertise in retail tech adoption. Key Insights from the Paper: The results suggest that there is a preferred way for retail organizations to be structured and act in order to be successful at adopting AI tools or any other tech innovation. Paulius' top three must-haves for outsized success impact are: 1. A dedicated innovation evangelist or innovation department responsible for adopting new technologies. 2. Total executive-level support. 3. An overall company culture that is aligned to welcome innovation adoption. We are are excited to help our clients to set up these and many more best practices when improving in-store processes driven by technologies 📈 #RetailTech #AI #Innovation #startup #AcademicAchievement #AIAdoption #grocery #retail #traxlo #tasku

    View profile for Paul V., graphic

    CEO at Traxlo | Grocery | FMCG | Gig work | Retail tech | Avid tennis player

    📄✨ Time flies! It feels like just yesterday I completed my MSc thesis at ISM University of Management and Economics on "Barriers for the adoption of artificial intelligence tools by multinational retail organizations." Now, 4 years later and thanks to the invaluable support of my beloved professor, Gurram Gopal, Ph.D. from Illinois Institute of Technology, it has been published as an industry paper. With 8️⃣ years in the retail tech industry, I'm very happy to contribute my two official academic cents to such a relevant topic inside my favorite industry in the wake of the #AI boom. Key Insights from the Paper: The results suggest that there is a preferred way for retail organizations to be structured and act in order to be successful at adopting AI tools or any other tech innovation. My 3 personal favorite must haves with an outsized success impact are: 1. Dedicated innovation evangelist or innovation department responsible for adopting new technologies. 2. Total executive-level support. 3. The overall company culture should be aligned to welcome innovation adoption. The paper itself is paywalled (link in comments), but I'm always happy to discuss retail, tech, and innovation strategy. Just ping me for more info. #RetailTech #AI #Grocery #Innovation #Research #ISM #AIAdoption #RetailIndustry #Technology #Thesis #Gratitude

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