Inventory Manager

Job Summary -

The Inventory Manager is responsible for overseeing all inventory-related activities at House Premium Cannabis, including wholesale ordering, compliance with Massachusetts Cannabis Control Commission (CCC) regulations, and ensuring seamless operations. This role involves managing product intake, maintaining accurate records, optimizing stock levels, and collaborating with vendors and the dispensary team to provide an exceptional customer experience. The ideal candidate is detail-oriented, highly organized, and knowledgeable about cannabis products and compliance standards..

Supervisory Responsibilities

• Supervise and guide inventory specialists, ensuring accurate tracking, organization, and reporting of inventory.
• Train team members on inventory procedures, METRC usage, and compliance protocols.
• Assign and oversee daily inventory-related tasks, including product intake, audits, and stock replenishment.
• Monitor team performance, providing feedback and coaching to maintain high standards of accuracy and efficiency.
• Collaborate with the General Manager to address performance issues or disciplinary matters involving inventory staff.
• Ensure all team members adhere to Massachusetts Cannabis Control Commission (CCC) regulations and company policies related to inventory management.

Duties/Responsibilities

Inventory Oversight:

• Manage all aspects of inventory, including receiving, storing, tracking, and reconciling cannabis products.
• Oversee METRC seed-to-sale tracking, ensuring all data is accurately entered and reconciled.
• Conduct regular inventory audits to verify stock levels, identify discrepancies, and resolve issues promptly.
• Maintain organized inventory storage areas, adhering to CCC regulations and company policies.
• Monitor inventory levels and ensure proper stock rotation to maintain product freshness and quality.

Wholesale Ordering:

• Identify product needs based on sales trends, inventory levels, and customer demand.
• Establish and maintain relationships with licensed cannabis vendors and suppliers.
• Place wholesale orders to ensure consistent availability of high-demand products while avoiding overstocking.
• Review and negotiate vendor contracts, pricing, and delivery schedules.
• Coordinate with vendors to schedule timely deliveries and verify the accuracy of received orders.

Compliance Management:

• Ensure all inventory practices comply with Massachusetts cannabis laws, including proper labeling, packaging, and tracking requirements.
• Prepare and maintain accurate records for CCC audits and inspections.
• Train staff on proper handling and storage of cannabis products to maintain compliance and quality standards.

Operational Efficiency:

• Collaborate with the General Manager and sales team to maintain an accurate online menu reflecting real-time inventory availability.
• Identify slow-moving or overstocked items and suggest promotional or clearance strategies.
• Manage the disposal process for expired or defective products in accordance with CCC guidelines.
• Develop and implement efficient inventory processes to reduce waste and improve accuracy.

Team Collaboration:

• Work closely with the sales floor team to ensure proper stock rotation and availability of high-demand products.
• Support training initiatives related to inventory handling, compliance procedures, and new product knowledge.
• Serve as a resource for team members on inventory-related questions and vendor insights.

Required Skills/Abilities

• Excellent communication skills for vendor and internal team interactions.

• Analytical mindset with the ability to interpret sales data and suggest inventory strategies.

• Proactive and self-motivated, with a commitment to maintaining compliance and quality standards.

• Physical ability to lift up to 30 pounds and work on your feet for extended periods..

Education and Experience

· Minimum of 2 years of inventory management experience, preferably in cannabis, retail, or a regulated industry.

· Strong understanding of Massachusetts Cannabis Control Commission (CCC) regulations.

· Proficiency in METRC seed-to-sale tracking system or equivalent inventory software.

· Demonstrated experience in wholesale ordering, vendor negotiations, and inventory forecasting.

· Exceptional attention to detail and organizational skills.

· Must be 21 years or older and able to pass background checks required by Massachusetts law.

Physical Requirements

• Must be 21 years of age or older.

• Lift and carry a 45 pound case of product on a repetitive basis.

Job Type: Full-time

Pay: $50,000.00 - $60,000.00 per year

Benefits:

• Dental insurance
• Health insurance

Schedule:

• Day shift
• Night shift
• Weekends as needed

Work Location: In person

Salary : $50,000 - $60,000