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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.

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Inventory management may refer to:

English

Noun

inventory management (uncountable)

  1. (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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Stock management, inventory management, supply management, inventory oversight, resource oversight
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