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When 80% of retail inventory is made up of rotating stock, you need to be ordering by Product lines.
Inventory rotates too fast to be purchased according to individual SKUs. Your customers don't think of products like that anyway.
Difference between what retailers do or don't buy and actual customer demand
Average overstock amount, per month per store, for the average retailer
“I need to reup, I’m going to grab an ounce of flower” or “We’re going out tonight, I should grab some infused prerolls”
They go to your menu or store, they ask what you have for infused prerolls, or what options for sativa flower you have on the shelf.
They peruse the options you have that fit their need and buy the ones that sound/look/are the best for them.
They aren’t looking for a single brand nor are they looking for a major category. They aren’t saying “show me your prerolls” when they want an infused 1g cone. Neither are they always saying “what Jeeter infused preroll options do you have?”
But that’s how so many retailers are purchasing inventory.
Buying solely by SKU or by major category leaves your inventory counts 20-30% inaccurate at best. You always end up overstocking products that don’t move as well as understocking products that do.
Happy Buyers calculates demand for strain-based products at the product line level (similar to how customers actually order from vendor menus) and triggers low stock notifications when it's time to reorder.
Maintain visibility of dispensary inventory, benchmarks, anomalies in an intuitive interface
Happy Buyers AI generates an automatic suggested order for all low stock product lines that can be added to a purchase request and sent to vendors in a few clicks.
A single tool to calculate inventory data and provide recommendations that improve cashflow and grow revenue
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Bringing on Happy Buyers was like turning the lights on. We were doing a lot of the same things, but now that we had the lights on we weren’t doing them in the dark.
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Now, everything we need is at our fingertips... Having accurate sell-through information and recommended reorder quantities based on desired par level and actual lead times is invaluable.
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Happy Buyer makes the ordering process incredibly intuitive and has allowed us to scale our operations more rapidly.
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Just having the tool, the data at my fingertips, has made my job exponentially easier — from a strategic level with ownership down to the tactical level talking to budtenders and brands.
See the impact Happy Buyers can have on your cash flow, time, and peace-of-mind. 14 days. No risk.
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