How to Find Average Order Time for Product Selection

The average order time is an important metric for dispensaries as it provides insight into the efficiency of their operations. Finding the average order time is typically a straightforward process if you are using point of sale (POS) software.

Here are the general steps to follow:

Check if your POS software has a built-in average order time feature. Many POS software systems have a feature that tracks the average order time automatically. Check your POS system’s documentation or user guide to see if this feature is available.

If your POS software doesn’t have a built-in feature, you can manually calculate the average order time. Or select your best sellers. You’ll need to record each transaction’s start and end times to do this. This can be done using a stopwatch, a timer app on your phone, or a third-party tool that integrates with your POS system.

Once you have recorded the start and end times for a sufficient number of transactions, add up the total time and divide by the number of transactions to get the average order time.

Tracking transactions over a longer period, such as a week or a month, is best to get a more accurate average order time. This will give you a better idea of the overall efficiency of your dispensary’s operations.

It’s also a good idea to break down the average order time by different times of day, days of the week, and types of transactions. This can help you identify patterns and areas for improvement.

In conclusion, finding the average order time on your POS software can help dispensaries improve their efficiency and customer experience. Check if your POS software has a built-in feature for tracking this metric, or use a stopwatch or timer to record transaction start and end times. By tracking the average order time over a period of time and breaking it down by different variables, dispensaries can gain insights into their operations and make data-driven decisions to improve efficiency.

Now that we have the right products learn about the suitable kiosk for your business.

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Scaling up is hard work. With the cannabis industry rapidly evolving and projected to reach over $31.8 billion in annual sales by the end of 2023, it’s an exciting time to be part of this booming market.

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