Retail Inventory Associate - Part Time at TerrAscend

Phillipsburg, New Jersey, United States

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Part TimeJob Type

UnknownVisa

Cannabis, RetailIndustries

Requirements

Experience with audits and month-end reporting processes
Strong inventory track record
Understanding of Metrc and Sweed platforms is a plus
Working knowledge of Excel, inventory management software and tools, and other software systems used for analytics
Strong organizational skills
Professional written and verbal communication skills across multiple levels and departments
Knowledge of office management systems and procedures
Good interpersonal skills with a proven ability to positively influence people; capable of effectively interacting at all levels of the organization
Detail-oriented with an eye on process optimization
Ability to work in a fast-paced environment, manage high-stress situations, and be flexible and adaptable when needed
Accurate, self-starter, and troubleshooter, with emphasis on work product ownership and the ability to prioritize and complete tasks with competing deadlines
Analytical and detail-oriented; preferably with a proven record of working effectively with patients and a strong understanding of “real-store-time” efficiencies
Must be flexible to safeguard operating dispensary hours, including evenings, weekends, and holidays (reserved holiday periods off such as 4/20, Green Wednesday, Black Friday, Christmas Eve, etc.)
Physical requirements: Stand constantly, walk frequently, reach and twist/turn with hands and arms, climb or balance

Responsibilities

Assist with the inventory team to receive incoming inventory and prepare it for placement on the menu
Work closely with the Retail Operations Supervisor and Inventory Specialist to plan and execute inventory counts in the dispensary
Examine the levels of products, systems vs. physical, to determine shortages, and find and report root causes for process improvement
Assist with formal Systems vs. Physical Count Reports on inventory and provide them to Management monthly
Monitor the inventory receiving process for accuracy, completion, proper documentation, and timeliness
Participate (hands-on) in EOM (End-of-Month) inventory and cycle counts to set work standards, reconcile, validate, and execute on count results
Ensure that inventory control processes follow state CRC regulations
Involved in monthly inventory audits and counts that involve counting inventory after the store closes or before the store opens
Focus on back of house store operations, including vault organization, shrink control, product receiving, transferring, and all preparation of inventory
Participate in Inventory counts and reconciliation
Maintain ECOM pre-order/web orders, etc
Other duties as assigned

Skills

inventory management

record-keeping

data analysis

shrink control

product receiving

inventory counts

order fulfillment

organizational skills

problem-solving

TerrAscend

Produces and sells cannabis products and services

About TerrAscend

TerrAscend specializes in producing and selling cannabis products for both medicinal and recreational use. The company grows cannabis plants and processes them into various forms, including dried flower, oils, and edibles, which are then sold through their own retail brands and other distribution channels. Unlike many competitors, TerrAscend has a comprehensive business model that includes cultivation, processing, manufacturing, and retail, allowing them to control the quality of their products from start to finish. Their goal is to provide high-quality cannabis offerings while ensuring compliance with safety and efficacy standards, and they aim to expand their market presence through strategic acquisitions and innovation.

Ontario, CaliforniaHeadquarters

2017Year Founded

$19.9MTotal Funding

IPOCompany Stage

Food & Agriculture, BiotechnologyIndustries

201-500Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Employee Assistance Program

Paid Parental Leave

Short & Long Term Disability

Flexible Spending Account

Wellness Program

Employee Discount

Paid Vacation

Risks

High competition in Ohio may impact TerrAscend's profitability.

The 12.75% interest rate on debt financing could strain financial resources.

Reliance on promotions like 'Green Wednesday' may indicate inconsistent revenue streams.

Differentiation

TerrAscend is a vertically-integrated cannabis company with a global presence.

The company focuses on both medicinal and recreational cannabis products and services.

TerrAscend's strategic acquisitions enhance its growth and market presence.

Upsides

TerrAscend's entry into Ohio expands its footprint to six states.

The $140M financing strengthens TerrAscend's financial position for future growth.

Innovative product offerings like Legend mini pre-rolls boost brand visibility.

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