AirMed & Cannabis Inventory Management
Last week we discussed the benefits of inventory management. Read the post here.
This week, we’ll look at ways that AirMed helps streamline inventory management for cannabis businesses.
In 2024 we introduced ledgers designed to streamline your inventory management and recordkeeping.
AirMed integrates inventory ledgers throughout the system letting you effortlessly track all transactions related to your inventory. Our inventory ledgers provide detailed tracing of every addition or reduction in batches or lots with full audit trails. We also added intelligent backdating to ensure adjustments or entries made in the past won’t create discrepancies in the future. And we’ve made it easy for you to resolve inventory inconsistencies by offering multiple tools for making corrections.
But ledgers are not the only inventory management tools in AirMed.
Our software offers GS-1 barcoding with full functionality for multi-level packaging that lets you assemble retail-ready individual packages using a ‘master case’ system and identify & track products at each packaging level.
AirMed offers unparalleled ease while dealing with complex order requirements. Manage order requests, order planning & assembly, as well as shipping from one screen. After releasing a planned order to production, verify order items in one step. You can select available inventory from multiple lots for order fulfillment. Browse products, package sizes and available inventory, then initiate package runs and pack cases workflows in the items table.
Since AirMed reports on every item in the system, inventory reporting is available at the click of a button. Real-time inventory tracking lets businesses assess product demand more effectively, reducing excess inventory and lowering costs associated with unsold goods.
Utilizing cannabis inventory management is more than just a way to keep track of products—it’s a key to reducing losses, improving operational efficiency, and boosting profitability.
AirMed has been 100-percent Canadian owned and operated since it was created in 2014. Click the Request Demo button at the top of the page today to explore AirMed in a free walkthrough and learn what home-grown can do for you.
For more information about AirMed visit our Software page.
To read more about our inventory ledgers, read our previous posts.
AirMed 5 Introduces Inventory Ledgers
Streamlining Cannabis Inventory Management
Effective inventory management is crucial in the cannabis industry. With strict regulations governing everything from product tracking to distribution, any inefficiencies or inaccuracies can result in legal issues, loss of product, or lost revenue.
Cannabis businesses, whether cultivators, manufacturers, or retailers, are tasked with managing complex inventory systems that require real-time updates, accurate tracking, and compliance with provincial and federal laws. This is where cannabis management software can come into play.
Software that provides advanced inventory management functionality helps automate and streamline processes, while tracking every product, at every stage.
With features like barcode scanning and real-time inventory updates, cannabis businesses can gain a clear, up-to-date view of their inventory. This transparency helps to minimize human error and avoid overstocking or stockouts—both of which can have serious financial implications.
Inventory management can streamline processes like harvesting, trimming, packaging, and distribution, reducing resources. A good inventory management system can also detect shrinkage from spoilage, mislabelling or theft for better cost control and waste reduction.
Inventory data can be used to anticipate demand, plan crops, or shift production toward high-margin products. A producer can improve supply chain decisions and lead times for restocking. Meeting demands without delays and ensuring consistent availability across dispensaries or partners ultimately results in enhanced customer satisfaction.
While operational efficiency is the most obvious result of streamlining inventory management, by providing insights into trends and sales patterns, businesses can make data-driven decisions to optimize all processes and increase profits.
AirMed has been 100-percent Canadian owned and operated since it was created in 2014. Click the Request Demo button at the top of the page today to explore AirMed in a free walkthrough and learn what home-grown can do for you.
For more information about AirMed visit our Software page.