What are the responsibilities and job description for the Procurement Analyst position at Standard Wellness?
The Forest’s mission is to improve quality of life through safe and easy access to cannabis by providing consistent, high-quality product through innovation, vertical integration and aggressive regulatory reform.
We aim to create a new standard in the cannabis industry for quality, care, innovation, and education while still maintaining a focus and conscious understanding of how our decisions within the role effect the social and environmental impact in our community and for our customers. We’re committed to a research-driven, customer-centric approach in all that we do, and we will work to have a lasting positive impact in our community.
The Procurement Analyst will be responsible for purchasing and managing orders for Standard Wellness Holdings and its subsidiaries.
The role requires a high level of organization, understanding of supply chain management, and cross functional collaboration. In addition to fulfilling orders, the role requires a strong understanding of strategic ordering and spending to ensure optimal levels of inventory are maintained.
The Procurement Analyst will engage frequently with the production facilities’ receiving/inventory personnel to ensure inventory is properly reconciled and reported.
The ideal candidate is detail-oriented and will play a crucial role in managing procurement processes, ensuring the efficient acquisition of goods and services, and maintaining strong relationships with suppliers. This position requires a proactive approach to problem-solving and a deep understanding of supply chain management.
Duties
- Purchasing all production supplies across company locations/departments
- Monitoring of non-cannabis inventory; ensuring appropriate levels are maintained to support production needs
- Assist with packaging sourcing, including obtaining pricing and samples for new products
- Identify cost savings opportunities through pricing research and reduction of excess inventory
- Understand supply chain constraints and lead times on critical inventory items
- Establish favorable terms and credit lines with new and existing suppliers
- Assist in non-cannabis month-end inventory reconciliation process with production facilities
- Manage Expensify platform for company credit card purchases
- Coordinate with sales and marketing team on design, function, and compliance components of packaging
- Other duties that are assigned by your supervisor
Skills Qualifications
- Must be at least 21 years of age
- Bachelor’s degree in business, supply chain, or related field; relevant experience considered in lieu of degree
- 3 years’ experience in procurement and purchasing
- Strong Microsoft Office knowledge
- Outstanding organizational and time management skills
- Must have a valid drivers’ license and clean driving record
- Must be able to pass all background check and licensing requirements as set forth by the state regulations
- Solid understanding of quality management standards within the supply chain context.
- Excellent analytical skills with the ability to interpret data effectively.
- Strong communication skills, both verbal and written, for effective collaboration with internal teams and external suppliers.
- Ability to thrive in a fast-paced environment while managing multiple priorities.
- Ability to be a self-starter and see tasks/projects through to completion.
- Experience in cannabis and/or manufacturing preferred.
- Exposure to production planning processes preferred.
