Watch our YouTube video showing how we tailored the CloudBox for real time inventory management and for all parts of the cannabis industry supply chain!
By. Bo Sijuade, CMO
In the rapidly evolving landscape of the cannabis industry, staying ahead of the curve is essential for success. One area where innovation is making a significant impact is inventory management. Traditional methods are being replaced by cutting-edge solutions that not only streamline operations but also ensure compliance and enhance security.
The Problem
We all know just how much of an issue the point of sales and regulatory compliant systems, such as METRC, is in the cannabis industry. For starters, by relying on human manual input, you have to rely that the information being entered is accurate. When an employee at your grow, dispensary or processing facility can enter in the wrong data that can lead to big fines from the state’s control boards.
Another big issue with manual inventory reporting is not just that you have to pay for the labor, but it allows employees easy accessibility to steal products. Furthermore, by paying employees minimum wage, they aren’t as entitled to report your inventory accurately. Regardless of theft or lost prod
Lastly, as a cannabis industry owner, if you own multiple businesses in the supply chain, you are constantly spending your week having to go to and from each business. This is a time consuming activity and we know as a business owner that you want your time back.
The Benefits of CloudBox
- Real-Time Tracking: With CloudBox, inventory levels can be monitored 24/7 through a user-friendly web portal. This real-time visibility allows businesses to make informed decisions and react quickly to changes in demand. See how your business is doing from the comfort of your home or anywhere in the world!
- Open Software API: CloudBox strives to be as versatile as possible so that you can use and tailor it specifically to your business. Our software is open API which means you can have it linked directly to your METRC, or other state mandated software, (optional, not required) or you can have it linked to your business’s pre-existing software, allowing you to customize your business in any way.
- Custom Alert Notifications: CloudBox allows you to set custom alert notifications, allowing you to choose when notifications are triggered. This can be because you want to be reminded when to order more inventory, or to be notified when theft happens, the decision is up to you!
- Supply Chain Reimagined: The CloudBox container has an RFID chip embedded into it. This stores all the information that you set during the setup process. Why? This allows you to ship containers to and from different businesses, for example grows to wholesalers and finally dispensaries, that way you know where your product is in the Supply Chain. The CloudBox will compare its previously disconnected weight to when it is reinserted into the receiving end’s base, so that if there are any discrepancies you know that product was lost in transit.
- Multiple Data Modes: The CloudBox isn’t just used for flower. The CloudBox can be set in “Unit Mode”, if the items being stored have a uniform/identical weight, such as carts or edibles, or “Weight Mode”, if the items being stored don’t have an identical weight.
Are you ready to embrace the future of cannabis inventory management? Contact CloudBox today to learn more about our smart container solutions and how they can benefit your business.
Have any questions about CloudBox? You can reach us at contact@cloudboxapp.com or by filling out our contact form here.
