Efficient Inventory Management: Secrets for Cannabis Success

Welcome to the Kaya Cast, the podcast for cannabis businesses looking to launch, grow, and scale their operations. In this episode, we dive deep into inventory controls with Aly from Budding Operations, who brings over 12 years of experience in the cannabis industry. Learn best practices for receiving inventory, managing accounts, and preparing for regulatory audits. Aly shares insights on assessing staff capacity, structuring your backend team, and hiring the right candidates. If you have questions about your dispensary's back-of-house operations, this episode is for you. Tune in for expert advice to streamline your inventory processes! Highlights00:00 Introduction to Inventory Controls00:13 Guest Introduction: Aly from Budding Operations00:47 Assessing Staff Capacity and Adequacy01:12 Staffing Models: Fulfillment vs. Deli Style02:06 Roles and Responsibilities in Inventory Management03:00 Hiring for Inventory Roles04:14 Industries with Transferable Skills04:55 Scheduling and Adequate Staffing07:51 Receiving Inventory Best Practices09:37 Controlling Theft and Inventory Counts14:09 Key Performance Indicators (KPIs) for Inventory28:27 Training and Compliance31:38 State Inspection Audits35:00 Conclusion and Contact Information Find out more about Budding Operations at:https://www.buddingoperations.com/https://www.instagram.com/buddingoperationscompliance/https://www.linkedin.com/company/budding-operations/https://www.youtube.com/@UCwI4AdR1L1jCYI8KNzDxLEg Subscribe and listen to our podcast on any platform!#cannabisindustry #podcast #kayacast #businesstips #cannabisdispensary