With plans in place, you can deal with any issues that arise. You can also explore partnerships with other stores and vendors that may allow you to offload underperforming products. If a vendor had issues in the past, have backup vendors with fast shipping options on file to call. Have a plan for reacting to product shortages, slow sales, or ordering issues. Regardless of whether these issues arise internally or externally, it’s critical that all retail cannabis companies have contingency plans in place. These situations may be predictable or may catch you by surprise.
Vendor or transportation delays due to staffing, weather, etc. New regulations change products or processes dramatically.Ĭash flow issues hinder your ability to purchase needed products, both new and existing. Spikes in sales based on seasonality, discounts, and regulatory changes can cause product shortages.Ī new product may not connect with customers and your stock sits on your shelf taking up space that should be delegated to better-selling products. Learn how to use the Metrc Discrepancy ReportĮven companies that put great effort into inventory planning will run into situations that throw their best-laid plans out of alignment:Įxternal factors may cause specific products to sell more quickly or slowly than expected. Our Metrc Discrepancy Report helps you analyze inconsistencies between your Flowhub and Metrc inventories by providing an itemized spreadsheet of errors so you can easily track down and fix mistakes. Reconcile physical and reported inventory with the Metrc Discrepancy Report Push sales reports to Metrc daily or automatically after each sale
Verify package tags with pre-populated inventory information Import new packages and inventory from Metrc The most important integration for cannabis dispensary inventory management software is Metrc, an inventory tracking system that state regulators use to monitor activity and compliance. The goal is to be more efficient in order to create more time to help customers. Note: This may not be an option with seed-to-sale software, so make sure you do your research. With integrations, you can trust that your inventory is kept current and compliant throughout all your tools and processes. When searching for software solutions to help manage your inventory, make sure your cannabis POS system integrates with other tools, like updating inventory availability in real-time with Leafly, powering delivery services through Dutchie, and tracking customer loyalty programs with springbig.Īn integrative system with an open API allows you to choose the best tools for your unique dispensary. Tip #2: Integrate your dispensary software