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Are you finding it challenging to manage your inventory?
Are you spending too much time entering in data when you could be using that time to actually grow revenue?
Is product getting misplaced or have you got orders going to the wrong customer?
Painful right? But it’s not uncommon in an industry which is growing leaps and bounds opening retail outlets and warehouses.
I met Phil Wulff and Mark Riedel at the Cannabis Conference. We discussed how their company Last Mile Terminal has pivoted into the Cannabis Industry and why they believe it’s a good fit for their expertise.
Inventory Challenges
Most cannabis operations have opened with the bare minimum when it comes to controlling their inventory. POSs (Point of Sale systems), in and of themselves, don’t provide robust solutions. This is a common problem in the cannabis industry given the quick openings of retail stores. Dispensaries have leaned on staff to manage product by hand with little automation. This keeps budtenders busy with order entry vs helping customers.
Phil and Mark shared that cannabis is a new pivot for Last Mile Terminal. They come from consulting, manufacturing, distribution, warehousing, and order fulfillment. They have experience in malls fulfilling orders from multiple stores. They’ve worked in both large and small warehouse situations, managing small inventories of 50-100 SKUs to 85 millions. They’ve redesigned their software to be affordable for small cannabis dispensaries and warehouses.
We talked about QR codes. Customers can pre-order online. When they pickup their orders, QR codes are used to match order to the right customer. Easy Peezy!
Benefits Expected
With their new solutions, Phil and Mark shared the benefits they are promoting at Last Mile Terminal.
- Higher quality order management, no lost orders
- Complete chain of custody reports
- Reduced cost of labor
How To Connect with Phil and Mark
- Go here to visit the website of Last Mile Terminal
- Go here to visit Curbside Delivery
- This is Mark mriedel at lastmilet.com
- This is Phil pwulff at lastmilet.com
This is a production of Habanero Media
The Cannabis Conference 2021
This interview was made at the Cannabis Conference in Las Vegas, August 2021 This is the only industry conference dedicated exclusively to plant-touching cannabis businesses, The Cannabis Conference has become known for delivering the highest level of education for dispensary, and cultivation professionals throughout the world. This year I was able to view the latest technologies, services and solutions with over 130 vendors on the world-class trade show floor. If you are looking to enter the legal cannabis industry, or a veteran ready to take your business to the next level, this is the one conference you cannot afford to miss! Sign up here for 2022.
The Cannabis Advocate Podcast
The Cannabis Advocate podcast advocates for businesses in the cannabis industry and the explores the unique challenges they face. Despite hurdles in legislation, regulation, and culture, there are tremendous opportunities for growers, producers and sellers of cannabis products. Many of these issues are unique to the cannabis industry, This podcast speaks to these common concerns and shares stories of success.
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