Logistics and Distribution Security
The primary goal of supply chain security is to ensure the efficient and safe flow of legal commerce while protecting the supply chain against criminal disruption, accidents, theft, hazards, and evolving threats.
While the nationwide push to legalize cannabis continues to gain strength through tenacious advocacy from groups on both the left and right of the political spectrum, it has become readily apparent to anyone paying attention that while a great number of entrepreneurs are focused on the bottom line of making money, a considerable number are failing to follow basic business fundamentals when it comes to securing their supplies, profits, supply lines, and distribution chain, in fact, a record number of crimes involving the theft of product in route to dispensaries, testing labs, tax offices and storage facilities are on the rise.
Ensuring the safety of the supply chain is a demand for proper regulatory compliance in the State of California, as such business owner in the cannabis space should begin to develop, implement and maintain procedures which provide integrity of cargo, product and currency moving along the supply chain, with the primary focus being to lessening supply chain disruptions which can have a significant impact on business operations.
Here are a few simple steps, which when applied should provide business owners with ways to improve the movement, security, and integrity of its supply chain.
• Use GPS technology to enhance the real-time product, cargo and asset location tracking
• Ensure you properly document chain of custody, transit time and record loss
• Track transit time and create performance metrics for real-time carrier evaluation
• Develop risk mitigation processes to engage law enforcement when necessary for the recovery of stolen goods
As a matter of good business practice, you should periodically
review and update your company’s transportation and security plans and test its measures of effectiveness.
