How goods move through your warehouse facility affects your organization’s overall profitability. That may seem like an overstatement, but a quick look at the data related to labor, errors, and even simple floor space show that warehouse operations are crucial to productivity and, ultimately, profitability. Assess Your Warehouse Layout Before making any changes to your…
Cannabis growers and producers rely on entry-level accounting systems (like QuickBooks) and spreadsheets to run their complying with state regulations. Whether it’s entering data into a state-mandated system—like Metrc or BioTrack—or reacting to auditors who drop in for a surprise visit, there’s a lot of scrambling to manually compile all the data from the financials,…
Something seems off in the pricing for the vape cartridges you sell to one of your major retail customers. Or perhaps the terms for another customer that buys large quantities of edibles have been extended to 60 days, and you’re not sure why. Both cases illustrate the need for cannabis growers and producers to closely…
Maintaining accurate warehouse inventory and providing visibility across the company sets the stage for distributors to meet customer expectations. Knowing what’s in stock and available to sell allows the sales team to take orders with the confidence that they can be fulfilled on time. And the procurement team can compare real-time inventory availability to the…
Many growing cannabis producers have solved the challenge of using manual spreadsheets and entry-level accounting programs by transitioning to SilverLeaf CBC from Velosio as their ERP system. SilverLeaf is powered by Microsoft Dynamics 365 Business Central and integrates all financial and production functions to optimize cannabis business operations. In Part 2 of our Mastering Cannabis…
Your business is distribution, but increasingly, every business is in the technology industry. In order to build a resilient operation that can withstand pandemics, supply chain disruptions, and whatever else may come along, you need the right technology stack. Historically, enterprise resource planning (ERP) and customer relationship management (CRM) systems have been separate, siloed platforms.…
Historically, discrete manufacturing companies focused mainly on making and selling products and equipment — with minimal effort or consideration re: what happens after the big sale. Manufacturers have always shouldered some responsibility to honor warranties, support 3rd-party technicians and service providers, and investigate recalls. But — these “post-sale interactions” were largely about meeting compliance requirements…
You manage operations for a distributor company, and you want to help operate more efficiently. But you’re not sure just how bad the situation is. Maybe it’s better than you think? You’re also not sure of the data you need to evaluate the situation. That’s where distributor scorecards generated from a business intelligence platform come…
In choosing the proper IT infrastructure for your wholesale distribution company, you need to first understand your options, and the pros and cons of each type of architecture. The technology landscape and options can be confusing. In this post, we take a look at three common methods wholesale distribution companies use in structuring their IT…
The capability to leverage business intelligence and business analytics tools is critical for distributors. Intelligence helps you understand how well you’re operating and the reasons why. Analytics helps you predict what will happen and make the necessary adjustments ahead of time to achieve your business objectives. You can determine how things are going with vendors,…