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Inventory Manager
Schwazze Denver, CO
$94k-123k (estimate)
Full Time 4 Days Ago
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Schwazze is Hiring an Inventory Manager Near Denver, CO

Who We Are: Schwazze (OTCQX:SHWZ | NEO:SHWZ) is building a premier, vertically integrated regional cannabis company with assets in Colorado and New Mexico. The parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale, Schwazze is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious best practices.

For more information, please visit our website:?www.schwazze.com

Job Title: Inventory Manager

Pay Range: $55-$60k

Type: Exempt, Salaried

Location: Denver, Colorado (On-Site)

Position Objective

The Retail Inventory Manager is a pivotal role dedicated to the meticulous management of inventory and ensuring strict adherence to MED laws and regulations. With a specialized focus on supporting our Medical cannabis brand in Denver, Standing Akimbo, this position champions the organization's commitment to excellence in inventory control. The primary objective is to oversee and optimize inventory operations, safeguard compliance, and ensure the uninterrupted availability of high-quality products on the sales floor and for online order fulfillment. Through strategic leadership and supervision, this role contributes to the seamless operation of our retail locations, ensuring they meet the demand with precision and remain compliant with regulatory standards.

Major Functions

Inventory Management and Compliance (40%)

  • Conduct regular inventory audits in collaboration with store management.
  • Accurately record inventory data and reconcile discrepancies in METRC and POS systems according to MED laws and regulations.
  • Train Inventory Associates to perform compliant inventory audits and delegate tasks as needed.
  • Monitor and resolve trends in inventory discrepancies and collaborate with the retail management team to address issues promptly.
  • Generate daily inventory discrepancy reports and par level reports.

Inventory Organization and Optimization (30%)

  • Streamline inventory organization to facilitate efficient product retrieval.
  • Implement the First In, First Out model to prevent product expiration.
  • Manage expiring inventory and ensure timely sales in coordination with the Store Director.
  • Maintain product quality in storage.
  • Create labels for back-stock items and maintain in-stock items on store shelves.
  • Optimize back-room organization for eCommerce order fulfillment, labeling, incoming product orders, and storage room accessibility.

Receiving and Labeling (30%)

  • Ensure accurate matching of product manifests with on-hand inventory and accept or reject manifests as necessary.
  • Receive products in METRC.
  • Import new packages into the POS system with accurate pricing and naming conventions.
  • Transfer products from back stock to the sales floor and adjust pricing tiers as required.
  • Create and print product labels in the POS system, especially for flower strains.
  • Train Inventory and Retail Associates on compliant labeling per MED laws and regulations.

Please note that the percentage allocation is a general estimate and may vary based on business needs and priorities.

Education and Experience

  • Bachelor's Degree in Business or a related field preferred.
  • 2 years of medical inventory management experience.
  • Ability to identify and solve problems at the store level.
  • Current active MED badge.
  • Valid Driver’s License.

A Plus, but Not Required

  • Knowledge of general management principles and practices.
  • Knowledge of office equipment and computer software, including word, Excel, and POS.

Working Conditions?(Schedule, Environment, Travel)

  • Hours will vary depending on business needs.
  • Nights, weekends, and holidays are to be expected.
  • Travel to other locations may be required.
  • Ability to carry/lift up to 40 pounds (100 pounds with assistance).

Benefits:

  • 401(k) Employer Match
  • Medical/Dental/Vision insurance
  • Pet Insurance
  • EAP Programs
  • Flexible Time Off
  • Paid Parental Leave
  • Employee Discount at all Schwazze Retail locations

Schwazze is committed to fairness and equality of opportunity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Job Summary

JOB TYPE

Full Time

SALARY

$94k-123k (estimate)

POST DATE

06/26/2024

EXPIRATION DATE

08/24/2024

WEBSITE

schwazze.com

HEADQUARTERS

Denver, CO

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The job skills required for Inventory Manager include Inventory Management, Leadership, Pricing, Coordination, Collaboration, etc. Having related job skills and expertise will give you an advantage when applying to be an Inventory Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Inventory Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Inventory Manager positions, which can be used as a reference in future career path planning. As an Inventory Manager, it can be promoted into senior positions as a Parts Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Manager. You can explore the career advancement for an Inventory Manager below and select your interested title to get hiring information.

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If you are interested in becoming an Inventory Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Inventory Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Inventory Manager job description and responsibilities

They lead a team of inventory or warehouse workers to receive and record new stock as it comes in and move stock onto trucks or shelves as needed and do some warehouse management housekeeping.

02/17/2022: Saint Louis, MO

Perform and manages inventory tracking system to record deliveries, shipments and stock levels.

04/13/2022: Chicago, IL

Make a plan and analyzes daily product and supply levels to anticipate inventory problems and shortages.

03/13/2022: Shreveport, LA

They may also need to find a way to evaluate what products are moving and what products are not.

03/05/2022: Lawrence, MA

Establish and develops business relationships with suppliers and clients.

02/19/2022: Frankfort, KY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Inventory Manager jobs

Inventory Manager also need to be aware of SKU numbers and barcodes of every products.

02/26/2022: Syracuse, NY

Don’t get stuck, you should be highly organized and have detailed knowledge of supply chain management software and practices to be a good inventory manager.

03/12/2022: Poughkeepsie, NY

A good inventory manager appreciates and promote diversity of people and ideas.

04/12/2022: Fairbanks, AK

A good inventory manager are those with determination, trustworthy and reliable at all times.

03/05/2022: Lima, OH

A good inventory manager should be proactive

04/05/2022: Orlando, FL

Step 3: View the best colleges and universities for Inventory Manager.

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