Retail Inventory Specialist at TerrAscend

Burtonsville, Maryland, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Cannabis, RetailIndustries

Requirements

Experience with audits and month ending reporting processes
Strong inventory track record
Strong understanding in Metrc and Sweed platforms
Excellent working knowledge of Excel, inventory management software and tools, and use of other software systems used for analytics
Strong organizational skills
Professional written and verbal communication with multiple levels and departments
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
Accurate, self-starter, troubleshooter, with an emphasis on work product ownership, with the ability to prioritize

Responsibilities

Work closely with retail operations supervisor to plan and execute inventory counts in the dispensary
Ensure menu balancing in dual license environment (adequate stock in Medical & AU storefronts)
Ability to research and correct failed sales within Metrc as well as any other systematic discrepancies
Examine the levels of products, systems, physical to determine shortages, to find and report root causes for process improvement
Prepare formal System, Physical Count Reports on inventory and provide to Management monthly
Monitor inventory receiving process for accuracy, completion, proper documentation, and timeliness
Work closely with Finance, Procurement, and Purchasing Coordinators to maintain alignment of company’s ERP, with state mandated inventory tracking program and execute inventory adjustments in the inventory management systems
Participate (hands-on) in EOM(End-of-month) inventory and cycle counts to set work standards, reconcile, validate, and execute on count results
Actively search for process improvements to increase through put for EOM Inventory, cycle counts, menu balancing POS/Metrc and BOH inventory standards
Ensure that inventory control processes follow state CRC regulations

Skills

Inventory Management

Metrc

Point-of-Sale

Vault Organization

Shrink Control

Menu Balancing

Product Receiving

Inventory Counts

ECOM Pre-Orders

Data Analysis

Record-Keeping

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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