Pay on Scan Program (POS)
We provide the logistics and merchandising necessary to relieve some of the expenses our retail partners face. The advantages of our Pay on Scan Program allow retailers to focus more energy on other areas of their business, while reaping the benefits of our program.
The ownership of inventory is held by MJ Holding, which means retailers are free of carrying costs, tracking of inventory transactions, and experience no inventory shrink or damage costs.
Gross margin percentage for the retailer is maintained by eliminating freight costs, merchandising expenses and by providing prepaid returns back to MJ Holding.
Cash flow is optimized for retailer partners through MJ Holding’ absorption of inventory investment and store level expenses associated with the program including: processing purchase orders, scheduling pick up or delivery and processing inventory data. Inventory is paid after product is sold at retail.