Cannabis Industrial Marketplace

Henry Finkelstein

Cannabis Big Data

Session Title: 3 Simple Data Tools To Simplify Inventory Management & Increase Cash Flow

Time: June 18th, 2020, 2:30pm EST

Professional Summary

Henry Finkelstein empowers customers to spin data into gold with actionable insights. He has worked in industries as diverse as e-commerce, consulting, healthcare and government contracting. Throughout this career, Henry has used the power of data to improve products, increase customers, and grow profits for many companies. Recognizing a growing need, Henry founded Cannabis Big Data, a simple, intuitive data toolkit custom-built for licensed and ancillary cannabis businesses.

Session Abstract

Managing cannabis inventory is complicated and hard. Buy the wrong products, or too much of the right products, and you've got dollars locked up in boxes. Buy too little variety or too few units and you'll have frustrated customers that stop coming back.

In this session, we'll cover the top 3 data tools to make managing inventory easier. You'll learn how to use your POS data to spot the right products to reorder, when to reorder them, and how much to reorder. We'll also highlight some key performance indicators (KPIs) and benchmarks to inform your inventory strategy.