Retail Purchasing Manager

4 days ago


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

We are seeking a highly skilled and experienced 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 strategic 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.
  • 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.
  • Review and approve purchase orders quickly and timely to ensure the requested products from the vendor remain available.
  • Negotiate with suppliers and vendors to secure advantageous terms and methods.
  • Interface 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.
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.
What We Offer
  • Employee Discount (all employees eligible)
  • Paid-Time-Off (varies by State, please ask your Recruiter for more info)
  • Health, vision, and dental insurance
  • 98Point6 (remote primary care)
  • 401k with 4% matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
  • Flexible Spending Account
  • Wellness Program


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