What it is
Packages on hand that are past their expiry date, or expire within 30 or 60 days, at cost.
Why it is money. Expired product cannot be sold. Caught a month early, it can be moved, marked down or pushed; caught late, it is a write-off.
How Budtello works it out
- Last night's packages with stock on hand and an expiry date in the point of sale
- Expired, within 30 days, within 60 days, at cost where the product's cost is on file
- Packages with no expiry date in the point of sale are counted apart - they cannot be judged
What high looks like
| Packages | At cost | |
|---|---|---|
| Expired, still on hand | 22 | $3,100 |
| Expires within 30 days | 9 | $780 |
| Expires within 60 days | 15 | $1,240 |
What to do
- Take expired packages off the floor and decide: destroy or return
- Mark down or push what expires within 30 days
- Check packages with no expiry date in the point of sale
Ask your AI What is expired or expiring in 30 days at Hollin Cross?