Inventory Optimization Manager
New
S
Story CannabisCannabis Retail
Remote - Arizona; Remote - Maryland; Remote - OhioFull-TimeManager
Salary78,000 - 85,000 USD per year
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Job Details
- Experience
- 3+ years
- Required Skills
- Data AnalysisMicrosoft Excel
Requirements
- Bachelor’s degree in supply chain management, Business Administration, Retail Operations, or a related field preferred.
- 3+ years of experience in inventory management, retail operations, or supply chain in a multi-store environment.
- Experience conducting audits, analyzing inventory data, and implementing inventory control initiatives.
- Prior experience supporting retail stores across multiple regions or on a national scale is preferred.
- Familiarity with loss prevention strategies and inventory compliance requirements.
- Strong knowledge of retail inventory management systems, processes, and best practices.
- Analytical and detail-oriented, with the ability to interpret large sets of data and generate actionable insights.
- Excellent communication skills, with the ability to collaborate cross-functionally and influence store-level compliance.
- Proficiency in Microsoft Excel and familiarity with inventory management or ERP software (e.g., Metrc, Dutchie Backoffice, Lucid).
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines.
- Experience working in a fast-paced, multi-location retail environment.
- Ability to travel regularly to retail locations across the country for audits, training, and support.
Responsibilities
- Oversee inventory accuracy and reconciliation processes across all retail stores nationwide.
- Conduct regular and ad hoc inventory audits, cycle counts, and variance investigations to maintain inventory integrity.
- Analyze inventory reports to identify discrepancies, trends, and opportunities for improvement in stock accuracy.
- Partner with store operations and supply chain teams to ensure accurate receiving, transfers, and returns.
- Collaborate with merchandising and planning teams to align stock levels with forecasted demand and promotional activity.
- Develop and implement standard operating procedures (SOPs) to ensure consistent inventory practices across all locations.
- Support store teams with inventory-related training, tools, and best practices to reduce shrink and improve efficiency.
- Work with Loss Prevention to identify and address root causes of shrinkage, theft, or operational errors.
- Provide detailed reporting and insights to senior leadership on inventory health, discrepancies, and resolution strategies.
- Participate in new store openings, relocations, and store closings by coordinating inventory setup and transfer processes.
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