Inventory cost management is the biggest overlooked opportunity for most cannabis operators. Improving inventory management can boost profits by up to 50% by limiting spending on products that don't move and take up space on shelves. In this video we lay out a fundamental approach to inventory management best practices.
Topics discussed include:
- Navigating thin retail margins
- Intro to inventory aging reports
- Optimal cannabis inventory control SOPs
- Purchasing and receiving inventory SOPs
- And much more...
To schedule a consultation to see how our cannabis CPAs and advisors can help your cannabis business grow, call 1-800-674-9050 or visit us at www.greengrowthcpas.com/get-started
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