Retail Purchasing Manager

1 week ago

King of Prussia, Pennsylvania, United States TerrAscend Full time
About the Role

We are seeking a highly skilled Retail Purchasing Manager to join our team at TerrAscend. As a key member of our retail operations team, you will be responsible for developing and implementing merchandising strategies to drive sales and profitability across our retail network.

Key Responsibilities
  • Develop and oversee the implementation of merchandising strategies for core assortments by market and by store, utilizing company reports and tools.
  • Develop and oversee the implementation of merchandising strategies on pricing architecture (Good, Better, Best).
  • Monitor retail inventory levels at the SKU level to ensure proper levels to support current sales plan, utilizing company reports and tools.
  • Review and approve purchase orders quickly and timely to ensure the requested products from the vendor remain available.
  • Develop and maintain relationships with supply partners, liaising between TA and National Accounts and Partners to represent TA retail operations.
  • Negotiating with suppliers and vendors to secure advantageous terms and methods.
  • Interfacing with retail locations on existing and new products and inventory needs.
  • Approve retail pricing, ensuring sales, markups, and markdowns are executed.
  • Help develop and support product launches and promotional strategies focused on driving incremental revenue and profit dollars.
  • Partner with Finance to analyze SKU-level pricing and profitability and create actionable plans for the team to execute.
  • Remain in full compliance with the laws and regulations for each location, always.
Requirements
  • Associate's or Bachelor's degree is desirable.
  • Merchandising and buying experience (2+ years), ideally in cannabis.
  • Cannabis product knowledge is desirable.
  • Supervisory experience required.
  • Excellent working knowledge of Excel and use of other software systems used for analytics.
  • Must be able to manage multiple projects, set priorities, and meet deadlines.
  • Experience frequently interacting with customers, fulfilling customer requests, and addressing issues, questions, or suggestions.
  • Professional written and verbal communication with multiple levels and departments, while being connected to the detailed support.
  • 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.
What We Offer
  • Employee Discount (all employees eligible)
  • Paid Time Off
  • Health, vision, and dental insurance (with telehealth option)
  • 401k with 4% company matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
About TerrAscend

TerrAscend is a leading cannabis company with a mission to elevate the lives of our patients and customers. We cultivate exceptional marijuana therapies for patients and high-quality products for legalized adult recreational use. As one of North America's largest and fastest-growing multi-state, vertically integrated cannabis operators, we're at the forefront of innovation and excellence.

We believe that how we work together truly matters. Our employees are passionate about what we do and how and why we do it. TerrAscend's most successful team members understand that serving our patients, customers, and each other is what excels our growth.

This is a hybrid role that requires occasional travel to our various retail and office locations in the Northeast Market (NJ, MD, and PA). We will be prioritizing applicants who already reside in one of these states.

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