Inventory Manager
5 days ago
Garnerville
Inventory Manager/ Buyer Location: Garnerville, NY Job Type: Full-Time Employee Overview We are seeking a highly organized and detail-oriented Inventory Manager to join the team at our licensed New York State retail dispensary. The ideal candidate will be responsible for overseeing and managing all aspects of inventory operations — ensuring accurate stock control, efficient processes, and regulatory compliance. This role plays a crucial part in optimizing inventory management, reducing costs, and maximizing profitability. Strong leadership, analytical skills, and a solid understanding of retail or cannabis inventory systems are essential for success. Reports to: General Manager Key ResponsibilitiesBuying & Assortment Strategy • Select brands, SKUs, and product categories based on sales trends, consumer demand, and profit margins., • Manage budgets and product mix planning to support sales goals., • Coordinate new product onboarding and launches with vendors and the GM.Supplier Management, • Establish and maintain strong supplier relationships to ensure timely and cost-effective replenishment., • Negotiate terms, pricing, and allocations to optimize inventory costs., • Review vendor and SKU performance, conducting quarterly business reviews.Sales Alignment, • Collaborate with the sales floor team and marketing to align inventory with promotions, bundles, and customer preferences., • Support merchandising and promotional planning to drive sell-through.Inventory Control, • Implement and maintain effective inventory procedures to ensure accuracy., • Conduct regular audits and cycle counts to verify stock levels., • Identify and correct discrepancies or inefficiencies promptly.Forecasting & Planning, • Collaborate with leadership to forecast demand and plan replenishment., • Use historical data and market trends to inform purchasing decisions and maintain optimal stock levels.Team Leadership, • Supervise, train, and support the inventory team., • Foster a positive, collaborative, and accountable work environment.Technology Integration, • Utilize and manage inventory software to streamline processes and improve accuracy., • Stay updated on technology advancements in cannabis inventory management.Risk & Compliance, • Identify risks such as overstock, shortages, or obsolete inventory and develop mitigation strategies., • Maintain full compliance with New York State Office of Cannabis Management (OCM) regulations., • Implement security and handling protocols for cannabis inventory., • Oversee proper store opening and closing procedures.Reporting, • Generate regular reports on inventory levels, turnover, and KPIs., • Provide actionable insights based on data analysis.Qualifications, • 3+ years of experience as an Inventory Manager or in a similar role (cannabis or retail environment preferred)., • Strong analytical, organizational, and problem-solving skills., • Proven leadership and interpersonal abilities., • Experience using retail or cannabis inventory management systems., • Ability to work flexible hours, including evenings and weekends., • Comfortable working in a fast-paced environment., • Physically able to stand for extended periods, bend, reach, twist, and lift/move heavy objects. We welcome applicants of all backgrounds — regardless of race, ethnicity, gender identity, sexual orientation, age, religion, disability, or any other characteristic that makes you unique. Join us in shaping a positive, forward-thinking culture in the cannabis industry.