Inventory Specialist Lead

4 weeks ago

Smithfield, United States Ascend Wellness Holdings Full time
Job DescriptionJob Description

JOB SUMMARY

Responsible for managing all inventory operations within a cannabis business, ensuring compliance, accuracy, and efficient stock management.


PRIMARY RESPONSIBILITES

  • Develop and implement inventory management procedures specific to the cannabis industry, ensuring compliance with relevant regulations.
  • Manage inventory levels to meet production and sales demands, including tracking product expiry dates and ensuring proper storage conditions.
  • Conduct regular inventory audits to maintain accuracy and identify discrepancies or areas for improvement.
  • Collaborate with procurement and production teams to forecast inventory needs and optimize stock levels.
  • Train and supervise inventory staff, providing guidance on best practices and ensuring adherence to company policies.
  • Utilize inventory management software to track and analyze inventory data, generating reports and recommendations for decision-making.
  • Monitor inventory movement, including incoming shipments, transfers between locations, and outgoing orders.
  • Maintain a clean and organized inventory storage area, following safety guidelines and best practices for handling cannabis products.
  • Coordinate with regulatory agencies and internal compliance teams to ensure inventory-related activities meet legal requirements.
  • Stay updated on industry trends and regulatory changes related to cannabis inventory management.

JOB REQUIREMENTS

  • Bachelor's degree in business, supply chain management, or a related field (or equivalent work experience).
  • Experience working in inventory management, preferably within the cannabis industry or a highly regulated environment.
  • Strong knowledge of inventory control principles, including FIFO, LIFO, and batch tracking.
  • Familiarity with cannabis compliance regulations, such as seed-to-sale tracking systems and state-specific requirements.
  • Proficiency in inventory management software and Microsoft Excel for data analysis and reporting.
  • Excellent organizational and multitasking skills, with the ability to prioritize tasks and meet deadlines.
  • Leadership and team management abilities, including coaching and development of staff.
  • Effective communication skills, both verbal and written, for collaborating with internal teams and external partners.
  • Detail-oriented mindset with a focus on accuracy and data integrity.
  • Flexibility to adapt to changing priorities and work in a fast-paced, dynamic industry environment.

EEO STATEMENT

Ascend Wellness Holdings, LLC and its subsidiaries is an equal opportunity employer and celebrate the population of differences and does not discriminate in its hiring / hiring practices, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by law.


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