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Inventory management is the process of tracking where cannabis inventory is, how much of it you have, when more products need to be reordered, what products are close to expiration, and what discrepancies exist between your physical inventory and your inventories in your your “Seed-to-Sale” tracking system and your #1excludeGlossary (POS) system. In order to remain compliant with the government, managers must track products at an individual package level and audit inventory regularly.
Inventory Management (Wikipedia)
Look up inventory management in Wiktionary, the free dictionary.
Inventory management may refer to:
- Inventory management (business): the function of understanding stock mix of a company and the different demands on that stock
- Inventory management (video games), when a player adjusts the items in their inventory
Inventory Management (Wiktionary)
English
Noun
inventory management (uncountable)
- (supply chain) The formal management of the timing and quantities of goods to be ordered and stocked by an organization in order that demand can always be satisfied without excess expenditure.
- Synonym: stock control
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Read MoreStock management, inventory management, supply management, inventory oversight, resource oversight