Redbud Roots Saves Over 200 hours Every Month Using Canix
Date: February 28, 2024
“Canix has made tasks like inventory reconciliation incredibly easy because it gives us a single place to manage our operational data. Because we have accurate NCI consumption and utilization at the time of production, we have fewer errors and better visibility.” - Hunter Mishler
Background
Redbud Roots, established in 2017, has rapidly grown to become Michigan's premier craft cannabis cultivator, known for its dedication to quality, innovation, and sustainability. As the company expanded, managing the complex and dynamic inventory of cannabis and non-cannabis items (NCI) became increasingly challenging. The need for efficient, accurate, and streamlined operations was paramount to sustain growth and maintain their market-leading position.
Challenge
Redbud Roots faced significant challenges in inventory management, operational efficiency, and data centralization. The process of reconciling inventory each month was cumbersome, taking 5-7 business days to complete, which was both time-consuming and error-prone. Managing the costing and cost of goods sold (COGS) from NCI was complex, leading to inaccuracies and inefficiencies. The lack of a single source of truth for operational data further complicated decision-making, as employees had to navigate multiple platforms, leading to reduced productivity and increased potential for errors.
Solution
Canix provided Redbud Roots with a comprehensive solution tailored to address their specific challenges:
- Streamlined Inventory Management: Canix's robust inventory management system drastically reduced the time required to reconcile inventory, from 5-7 business days to just half a day. This efficiency gain was achieved through intuitive interfaces and automated processes that simplified the tracking and management of cannabis and NCI items.
- Costing and COGS from NCI: Canix's advanced costing features enabled Redbud Roots to accurately track the consumption and utilization of NCI at the time of production. This capability ensured precise cost tracking and improved the visibility of COGS, leading to better financial management and reduced errors.
- Single Source of Truth: Canix served as the central platform for all operational data, eliminating the need for employees to use multiple systems. This consolidation facilitated easier access to accurate and up-to-date information, enhancing decision-making and operational efficiency across departments.
Impact
The implementation of Canix at Redbud Roots led to significant operational improvements and efficiencies:
- Time Savings: The most immediate and noticeable impact was the reduction in time required for inventory reconciliation, which decreased dramatically from 5-7 business days to just a half day.
- Reduced Errors and Improved Visibility: Accurate tracking of NCI consumption and utilization at the production stage led to fewer errors and better overall visibility of operations.
- Increased Productivity: By consolidating operational data onto a single platform, Redbud Roots saves a minimum of 40 hours of work per week. This reduction in time spent on managing disparate systems allowed employees to focus on core activities, improving productivity and efficiency.
- ROI and Cost Savings: The efficiencies gained through Canix not only improved operational workflows but also translated into significant cost savings and a strong return on investment (ROI) for Redbud Roots.
Conclusion
The partnership between Canix and Redbud Roots exemplifies the power of specialized inventory and operational management software in the cannabis industry. By addressing the unique challenges faced by Redbud Roots, Canix delivered a solution that not only streamlined operations but also provided a competitive edge through improved efficiency, accuracy, and productivity.