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The Complexities of Inventory Management in the Retail Industry: General Retail vs. Cannabis Retail
Inventory management is one of the cornerstones of a successful retail operation. It involves the delicate balance of maintaining enough stock to meet customer demand while minimizing excess inventory that ties up cash flow. For retailers, efficient inventory management is…
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5 Unexpected Ways Traceability Data Improves Cannabis Operations
In the rapidly evolving cannabis industry, traceability systems are typically viewed through the lens of compliance. Whether it’s meeting state-mandated seed-to-sale requirements or ensuring secure transport of regulated products, traceability data often seems like a regulatory burden. But savvy operators…
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Opinion: Online Shopping vs. In-Store Experiences in 2024—Where Do You Stand?
In 2024, the debate between online shopping and in-store experiences feels more relevant than ever. With advancements in technology and shifting consumer habits, the way we shop has fundamentally transformed over the past decade. But as these two worlds collide,…
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