Retail Inventory Manager

HR MGMT 10 LLC; Ypsilanti (MI); Presencial; USD 65.000 - 90.000; Jornada completa

Descripción de la vacante

HR MGMT 10 LLC is seeking a Retail Inventory Manager to oversee inventory control at a cannabis retail location. You will manage receipt, storage, and reporting, ensuring regulatory compliance and efficient stock turnover.

This role requires collaboration with the Retail Manager, compliance, and sales teams to align inventory with business needs. The ideal candidate has 3–5 years of inventory management experience in regulated environments and strong organizational skills.

Formación

• Bachelor's degree or equivalent experience in a related field.
• 3-5 years of experience in inventory management, preferably in cannabis, pharmaceutical, or similarly regulated industries.
• Proven knowledge of inventory control practices, inventory management software, and regulatory requirements, including METRC.

Responsabilidades

• Oversee receipt, storage, and management of cannabis products and accessories with accurate records.
• Implement and maintain inventory management systems to track levels and movements.
• Conduct regular counts, cycle counts, and audits for accuracy and regulatory compliance.
• Ensure processes align with local, state, and federal regulations including labeling standards.
• Collaborate with Compliance to keep inventory documentation up to date.
• Coordinate with suppliers to manage orders, deliveries, and returns for timely replenishment.
• Train and supervise inventory staff, ensuring SOP compliance and safety standards.
• Oversee labeling, packaging, and display to maximize sales while complying with regulations.
• Prepare inventory reports and analyze data to optimize stock levels and reduce waste.
• Communicate updates to Retail Manager and cross-functional teams.

Conocimientos

Leadership

Organizational skills

Communication

Problem-solving

Excel

Educación

Bachelor’s degree in Supply Chain Management, Business Administration, Retail Management, or related field

Herramientas

METRC

MS Office

Descripción del empleo

• Job Category Retail
• Employee Type Full-Time Exempt
• Required Degree 2 Year Degree
• Travel 10%
• Manage Others No

JOB DESCRIPTION

The Retail Inventory Manager, employed by HR MGMT 10 LLC as the Employer of Record, will work on-site at one of our brand partners' cannabis retail locations to manage all aspects of inventory control and management. This role is responsible for ensuring accurate inventory levels, maintaining compliance with cannabis regulations, coordinating with suppliers, and optimizing inventory turnover. The Retail Inventory Manager will work closely with the Retail Manager, compliance, and sales teams to ensure that the store's inventory aligns with business needs and regulatory standards. The ideal candidate will have experience in inventory management, excellent organizational skills, and a deep understanding of the cannabis industry or similarly regulated environments.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Key Responsibilities:

Inventory Management and Control:

• Oversee the receipt, storage, and management of all cannabis products and accessories, ensuring accurate inventory records and proper organization.
• Implement and maintain inventory management systems to track inventory levels, monitor product movement, and prevent discrepancies or shrinkage.
• Conduct regular inventory counts, cycle counts, and audits to verify inventory accuracy and compliance with local, state, and federal regulations.

Compliance and Documentation:

• Ensure all inventory processes comply with local, state, and federal regulations, including cannabis-specific health, safety, and labeling standards.
• Maintain accurate and organized records of inventory transactions, product receipts, and adjustments to support regulatory audits and inspections.
• Collaborate with the Compliance Manager to ensure that all inventory documentation, such as manifests and METRC data, is accurate and up to date.

Supplier Coordination and Replenishment:

• Coordinate with suppliers and vendors to manage orders, deliveries, and returns, ensuring timely replenishment of stock to meet customer demand.
• Monitor inventory turnover rates and adjust order quantities and schedules to optimize stock levels and reduce carrying costs.
• Negotiate pricing, terms, and contracts with suppliers to ensure cost-effective procurement and maintain positive vendor relationships.

Team Leadership and Development:

• Train and supervise inventory staff, ensuring adherence to standard operating procedures (SOPs), safety standards, and regulatory requirements.
• Conduct regular performance evaluations and provide coaching and development opportunities to enhance team skills and productivity.
• Foster a collaborative and organized work environment that encourages attention to detail, accuracy, and efficiency.

Product Management and Merchandising:

• Oversee the proper labeling, packaging, and display of cannabis products to ensure compliance with regulatory requirements and maximize sales potential.
• Collaborate with the Retail Manager and marketing team to plan and execute product launches, promotions, and merchandising strategies.
• Monitor product expiration dates and manage the rotation of stock to minimize waste and maintain product quality.

Reporting and Analysis:

• Prepare and submit regular inventory reports to the Retail Manager and senior management, providing insights on inventory levels, sales trends, and potential risks.
• Analyze inventory data to identify trends, optimize stock levels, and improve overall inventory management practices.
• Develop and implement inventory control measures to reduce discrepancies, minimize loss, and improve inventory accuracy.

Coordination and Communication:

• Work closely with the Retail Manager, sales, compliance, and other internal teams to ensure smooth and efficient inventory operations.
• Provide regular updates to the Retail Manager on inventory status, issues, and potential improvements.

QUALIFICATIONS

• Bachelor’s degree in Supply Chain Management, Business Administration, Retail Management, or a related field, or equivalent experience.
• Minimum of 3-5 years of experience in inventory management, preferably within the cannabis, pharmaceutical, or similarly regulated industries.
• Strong knowledge of inventory control practices, inventory management software, and regulatory compliance requirements.
• Proven leadership skills with experience managing inventory teams in a fast-paced retail environment.
• Excellent organizational, communication, and problem-solving skills.
• Proficiency in inventory management software, METRC, and MS Office, particularly Excel.

REQUIREMENTS:

• Must be 21+ years old.
• Ability to pass a criminal background check.
• Ability to obtain and maintain any required state-specific certifications for inventory roles within the cannabis industry.
• Physical ability to perform typical inventory tasks, including standing, walking, and lifting up to 30 lbs.

EQUAL OPPORTUNITY EMPLOYER

HR MGMT 10 LLC is committed to creating a diverse environment and is proud to be an equal opportunity employer. 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, or veteran status.