Inventory Management Principles

The Inventory setting screens are crucial operational elements. Here you will find the item master, strain master, and import data loaders. Items are the either cannabis or non-cannabis products that…

The Inventory setting screens are crucial operational elements. Here you will find the item master, strain master, and import data loaders.

Items are the either cannabis or non-cannabis products that you grow, process, package, purchase, and sell at your Facility or for its function.

To enter new Items or edit existing, choose the Items dropdown arrow just below <Back to Flourish.

Within the Items dropdown, you can:

  • Create New Items
  • Create/adjust Inventory lock codes
  • Create/adjust Inventory adjustment codes
  • Create/adjust Item pricing

How do people track inventory?

  • Package ID also know a Pallet ID or License Plate Number
  • Location within the facility

Why do we need Package IDs?

  • Transport inventory from point A to B
  • Locate inventory that is stored together in a container to a location within a facility
  • Activity tracking and history tied to this package ID for audits, recalls, etc. to meet compliance needs
    • Sync inventory with state tracking system (METRC)

Location Concepts:

Location Types

  • Reserve Locations – used for bulk storage at a Package ID level
  • Active or Pick Locations – often used for open boxes, where inventory is stored at the Location level. Generally a package ID is “consumed to active” when it is located to the active location and opened. At this point the package ID is not tied to the inventory in it. You can consume multiple packages to an item. Note: This is how Flourish handles non-cannabis inventory right now, but we have not enabled this for cannabis inventory.
  • Currently we don’t designate these attributes, because we don’t have any business rules or logic that ties to this.

Location Constraints:

  • Dedicated – the location is assigned to a specific item. The system won’t direct or let someone locate inventory to this item if it isn’t dedicated for it.
  • Mixed – the location can have various items

How do we decide how we store inventory and configure locations for a facility?

These decisions are the concepts of slotting and physical facility design. Often we need storage methods and workflows specific to the facility and the inventory item. There is rarely a “one size fits all” approach across all items and facilities.

  • Physical space constraints
  • Item constraints such as storage method, temp control, value, etc.
  • Item velocity
  • Time and motion studies in moving product from point A to B
  • And others… like Item likeness. Sometimes we don’t want two items that look the same to be beside each other.  

Retail fulfillment options:

  • Scan at Counter
  • Pack in Back
  • Mix of packing in the back and scanning at the counter
  • Pack for delivery
  • Pack for pickup

How to fulfill?

  • Scan batch code on product, choose package if multiple
  • Scan batch code on product, scan package ID
  • Scan package ID directly
  • Scan item identified (SKU, item name, UPC), choose batch, choose package
  • Scan serial number

How did we do?

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