Physical inventory is a tedious but critical task in nearly any industry. Unfortunately, employees often don't understand the importance of accuracy and tight staffing may mean you don't have the manpower to do it internally. GutenData specializes in physical inventory for small format retail, including cannabis. As a third party, GutenData provides an objective report of everything in your store, at the item level. A sample of items are manually recounted to ensure that 99% accuracy is achieved.
Pricing for Physical Inventory Audits are based on the SKU count being collected. Using internally developed software, GutenData can do all the work or partner with your existing staff.
In addition to physical audits, GutenData can provide many other services to optimize your inventory. These services are available individually or can be completed during a physical audit to benefit from bundle pricing.
Collect additional data during audit to update and augment your existing product database.
Shelf location
Case code and quantity
Posted retail price
Product description
Physical Inventory Audit service provides a list of codes and quantities. Reconcile the audit counts with the expected counts and import changes to your Backoffice system.
When your costs are constantly changing, it's difficult to stay on top of managing your pricing. See how your actual margins measure up to your goals on the item and category level.
A healthy product lifecycle includes regularly introducing new products, managing promotions, reviewing product performance, and discontinuing under-performing product.
Inspect products for expiration dates or quality issues to remove from inventory.