Controlling and managing inventory are important not only for cost accounting, but also for order tracking, process analysis, margin tracking and much more. Inventory control provides a snapshot of your company that allows you to evaluate the effectiveness of your business model. Cannabis inventory consulting is a good way to analyze existing controls and strengthen them in areas that need improvement.
What is involved in inventory management in the cannabis industry? Storing and tracking products, supervising purchases from your vendors and customers, determining how much product you make available for sale and how you display it are all aspects of cannabis store inventory control. Keep in mind that inventory management in the cannabis industry is strictly regulated.