Inventory Manager

About RIPT DispensaryLocated in the heart of Jersey City, RIPT Dispensary offers an unparalleled cannabis experience, reflecting the unique urban and industrial vibes of its surroundings. We were the first Recreational & Medical dispensary to open in Jersey City, and continue to set the pace for high-quality, curated cannabis products, embodying the spirit of innovation and community.About the Inventory & Purchasing Manager PositionThis role manages purchasing, product intake, product fulfillment, vault operations, and coordinates with dispensary management to ensure the right mix of products are stocked to meet customer needs. Purchasing Responsible for reviewing vendor menus and placing all product ordersCollaborating with front of house team to ensure the right mix of products are stocked to meet customer needs Utilize effective reporting and data analysis to make informed and strategic ordering decisionsEstablish and nurture relationships with local growers and product vendorsCoordinate with vendors to determine product availability and manage all necessary documentation for purchaseEnsure purchase orders are built into inventory tracking systems to ensure all product is entered within 24 hours of receipt and ready for saleResponsible for maintaining quality and regulatory compliance of all product in stock including packagingand labelingCoordinate with vendors to obtain product information and communicate product features to dispensary sales and management staffReporting and AnalysisPrepare reports as determined by the inventory & purchasing team and management, which include:Weekly sales and replenishment reportsWeekly inventory reconciliationMonthly METRC POS reconciliationProduct IntakeManage all aspects of receiving product deliveries from vendors Ensure quality compliance with relevant receiving and processing SOP's including:Physical counts and any relevant vendor rejectionsnotificationsDigital requirements for METRC, manifests, etc.Timely stickering of new inventory and availability for saleVault OperationsPick and pull orders for fulfillment when in-store (online and in-person).Assist with dispensary sales and operations (customer service, cash counts, etc.) when neededEstablish SOP's and quality standards for all Vault operationsTrain and supervise staff when performing "Back of House" roles in the VaultEstablish and maintain BoH in a clean and organized manner with all products & bins labeled and maintained consistent with SOPsSupervise the proper handling of products for sale, returned products, discarded inventory, inventory destruction and ensure accurate entries are made in company systems to reflect activityCountsAuditingOrganize, manage, and assist in physical inventory countsEnsure inventory counts are being performed on schedule (at minimum monthly) with acceptable results and the proper documentationDirect the settlement of all inventory discrepancies and report the resolution of such discrepanciesRequirements2+ years experience in cannabis inventory oversight, preferably in retailStrong knowledge of cannabis products, strains, and industry trendsStrong Knowledge of point-of-sale system and METRCAdvanced knowledge and experience with data integration and extraction from and to multiple diverse data sources and software programsExcellent organizational and problem-solving skillsAttention to detail and ability to maintain accurate records

Created: 2024-11-02