Inventory Manager - Hopewell NJ

ZipRecruiter; uMdoni Local Municipality; On-site; ZAR 250 000 - 350 000; Full time

Job summary

A leading company in the cannabis industry is seeking an Inventory Manager to oversee product procurement and supplier relationships. The role requires strategic planning, market research, and collaboration with store management to ensure successful product availability and compliance with regulations. Ideal candidates will have a background in business or finance, with strong problem-solving and communication skills.

Qualifications

• Two or more years of experience in purchasing.
• Work history showing progressive responsibility.

Responsibilities

• Recommend product lines by reviewing specifications and requirements.
• Manage supply and distribution of products to the store.
• Prepare sales forecasts, reports, and analyses.

Skills

Problem Solving

Communication

Negotiation

Education

Bachelor’s degree in business

Bachelor’s degree in finance

Bachelor’s degree in marketing

Tools

Excel

Word

Job description

Job Description

Position: Inventory Manager

Location: Hopewell, NJ

Company Overview

With a true passion and an unwavering dedication to championing the benefits of cannabis, Sky Cannabis (SC) offers a truly immersive experience within its store. Sky Cannabis is a recreational marijuana store offering a variety of adult use marijuana products. SC sources its products from premier producers.

Overview of Position

The primary responsibilities of the Inventory Manager are to develop and procure the SC product line by conducting market research; locating and vetting suppliers; generating product requirements; determining specifications, pricing, purchasing; creating time-integrated plans for product introduction; and developing go-to-market strategies to drive sales success for SC. The Inventory Manager creates strategic partnerships internally and externally to deliver innovation and novelty.

Core Competencies

To succeed, the Inventory Manager must be: Passionate, Informed, Approachable, Energetic, and Trustworthy. The Manager must embody and demonstrate the following core values:

• Integrity
• Personal Accountability
• Teamwork
• Problem Solving
• Confidence

Duties and Responsibilities

1. Recommend the nature and scope of present and future product lines by reviewing product specifications and requirements; appraising new product ideas; managing the SC product line assortment and life cycles.
2. Manage the supply, availability, and distribution of products to the store in collaboration with the General Manager, Assistant Store Manager, and Leadership team.
3. Maintain supplier relationships with vendors.
4. Provide management with information by preparing short-term and long-term sales forecasts, reports, and analyses; answering questions and requests.
5. Develop and manage an integrated go-to-market product communications and promotional plan.
6. Ensure compliance with all State rules and regulations for product handling.

Education and Work Experience

Bachelor’s degree in business, finance, marketing, or a related field. Two or more years of experience in purchasing. Work history showing progressive responsibility and willingness to accept additional projects or challenges.

Knowledge, Skills, and Abilities

Knowledge of computer & office equipment and programs (inventory systems; Word; Excel; office equipment such as copiers/telephone systems). Extensive math skills required for inventory control, projections, pricing, competitive analysis, sales, and financial planning. Ability to negotiate pricing and shipping details with vendors. Effective and efficient communication skills are essential.

Physical Requirements

Extended time standing, walking, bending, and reaching. Ability to lift and carry up to 50 lbs. for 100 feet. Occasional extended and repetitive use of arms, hands, and fingers to manipulate small objects. Must pass background check (state mandated). Must be at least 21 years of age.