Retail Inventory Specialist

Terrascend Phillipsburg , NJ 08865

Posted 2 weeks ago

Position Description: The Retail Inventory Specialist will focus on back of house store operations, including but not limited to: vault organization, shrink control, inventory balancing between medical and adult use licenses (in Metrc and Point-of-sale), product receiving, transferring, and all preparation of inventory. Participate in Inventory counts and reconciliation. Maintain ECOM pre-order/web orders, etc. The Retail Inventory Specialist reports to the Retail Operations Supervisor to drive successful menu balancing, order fulfillment, inventory controls, and back of house efficiencies. A successful Inventory Specialist is a trustworthy professional with outstanding record-keeping and analytical abilities. The chosen candidate will demonstrate excellent organizational and problem-solving skills, as well as the ability to interpret and analyze large amounts of data.

Responsibilities include, but are not limited to:

  • Work closely with retail operations supervisor to plan and execute inventory counts in the dispensary.

  • Ensure menu balancing in dual license environment (adequate stock in Medical & AU storefronts).

  • Ability to research and correct failed sales within Metrc as well as any other systematic discrepancies.

  • Examine the levels of products, systems vs. physical to determine shortages, to find and report root causes for process improvement.

  • Prepare formal Systems vs. Physical Count Reports on inventory and provide to Management monthly.

  • Monitor inventory receiving process for accuracy, completion, proper documentation, and timeliness.

  • Work closely with Finance, Procurement, and Purchasing Coordinators to maintain alignment of company's ERP, with state-mandated inventory tracking program and execute inventory adjustments in the inventory management systems.

  • Participate (hands-on) in EOM (End-of-month) inventory and cycle counts to set work standards, reconcile, validate, and execute on count results.

  • Actively search for process improvements to increase through put for EOM Inventory, cycle counts, menu balancing POS/Metrc and BOH inventory standards.

  • Ensure that inventory control processes follow state CRC regulations.

Qualifications and Education Requirements:

  • Experience with audits and month-ending reporting processes.

  • Strong inventory track record.

  • Strong understanding in Metrc and sweed platforms.

  • Excellent working knowledge of Excel, inventory management software and tools, and use of other software systems used for analytics.

  • Strong organizational skills.

  • Professional written and verbal communication with multiple levels and departments.

  • Knowledge of office management systems and procedures.

  • Good interpersonal skills and proven ability to positively influence people; must be capable of effectively interacting at all levels in the organization.

  • Detail-oriented with an eye on process optimization.

  • Ability to work in a fast-paced environment, to manage high-stress situations, and to be flexible and adaptable when a situation requires it.

  • Accurate, self-starter, troubleshooter, with an emphasis on work product ownership, with the ability to prioritize and complete tasks with competing deadlines.

  • Analytical and detail oriented. Preferably a proven record of working effectively with patients and a strong understanding of "real-store-time" efficiencies.

  • Must be flexible safeguarding operating dispensary hours, which includes evenings, weekends, and holidays.

  • Reserved Holiday Periods time off such as 4/20, Green Wednesday, Black Friday, Christmas Eve, etc.

Education and Experience Requirements:

  • Associate's or Bachelor's degree is desirable.

  • Supervisory experience preferred.

  • 1+yearsindustryexperiencepreferred.

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