Inventory Manager
4 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 β 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 β’ Select brands, SKUs, and product categories based on sales trends, consumer demand, and profit margins., β’ Manage budgets and product mix planning to support sales goals., β’ Coordinate new product onboarding and launches with vendors and the GM.Supplier Management, β’ Establish and maintain strong supplier relationships to ensure timely and cost-effective replenishment., β’ Negotiate terms, pricing, and allocations to optimize inventory costs., β’ Review vendor and SKU performance, conducting quarterly business reviews.Sales Alignment, β’ Collaborate with the sales floor team and marketing to align inventory with promotions, bundles, and customer preferences., β’ Support merchandising and promotional planning to drive sell-through.Inventory Control, β’ Implement and maintain effective inventory procedures to ensure accuracy., β’ Conduct regular audits and cycle counts to verify stock levels., β’ Identify and correct discrepancies or inefficiencies promptly.Forecasting & Planning, β’ Collaborate with leadership to forecast demand and plan replenishment., β’ Use historical data and market trends to inform purchasing decisions and maintain optimal stock levels.Team Leadership, β’ Supervise, train, and support the inventory team., β’ Foster a positive, collaborative, and accountable work environment.Technology Integration, β’ Utilize and manage inventory software to streamline processes and improve accuracy., β’ Stay updated on technology advancements in cannabis inventory management.Risk & Compliance, β’ Identify risks such as overstock, shortages, or obsolete inventory and develop mitigation strategies., β’ Maintain full compliance with New York State Office of Cannabis Management (OCM) regulations., β’ Implement security and handling protocols for cannabis inventory., β’ Oversee proper store opening and closing procedures.Reporting, β’ Generate regular reports on inventory levels, turnover, and KPIs., β’ Provide actionable insights based on data analysis.Qualifications, β’ 3+ years of experience as an Inventory Manager or in a similar role (cannabis or retail environment preferred)., β’ Strong analytical, organizational, and problem-solving skills., β’ Proven leadership and interpersonal abilities., β’ Experience using retail or cannabis inventory management systems., β’ Ability to work flexible hours, including evenings and weekends., β’ Comfortable working in a fast-paced environment., β’ Physically able to stand for extended periods, bend, reach, twist, and lift/move heavy objects. We welcome applicants of all backgrounds β 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.