Full-Time

Procurement Coordinator

Posted on 8/12/2024

TerrAscend

TerrAscend

201-500 employees

Produces and sells cannabis products and services

Food & Agriculture
Biotechnology

Junior, Mid

Chambersburg, PA, USA

This role is full time onsite in Waterfall, PA.

Category
Inventory Management
Procurement & Sourcing
Operations & Logistics
Required Skills
Inventory Management
Data Analysis
Requirements
  • Bachelor’s degree in business, supply chain, related discipline, or equivalent experience.
  • 2-3 years experience in procurement and sourcing
  • 2-3 years experience in Distribution and Warehousing
  • 2-3 years of experience in Inventory Management/Control
  • Experience in a production and manufacturing environment a plus
  • 2 years minimum experience and working within a data driven environment
  • 2 years proven ability to meet Key Performance Indicators (KPI), Managing by Objectives (MBOs)
  • Working Knowledge of Procurement Practices
  • Advanced Excel skills MANDATORY
  • Strong analytical and computer application proficiency
Responsibilities
  • Tracking and analyzing all packaging, hardware, ingredient and cultivation material inventory levels and demands to flag and recommend order reorder points and amounts.
  • Managing all packaging inventory to prevent stock outs and stops in production.
  • Communicating all packaging stock outs that result in production stoppages or changes to all key stakeholders
  • Providing ratings for all vendors in scorecards and make recommendations for vendor changes
  • Placement and Communication of Purchase Orders with Suppliers, Vendors, and Manufacturers.
  • Ordering Maintenance (Adjustments, Shift in ETAs, Cost/Price Updates, etc.)
  • Tracking and Tracing Purchase Orders into our Storage Facilities
  • Managing the onboarding process for new vendors
  • Assisting in the negotiation of pricing and credit terms
  • Researching and source new items
  • Maintaining Order Records for Short Shipments, Over Shipments, and Price Adjustments for Payment
  • Updating Order, Vendor, and Item Files.
  • Working in conjunction with the warehouse associates to receive orders at scheduled times.
  • Assisting in the Accurate accounting of inventory received, shipped and recorded.
  • Collaborating with warehousing and finance to correct inventory and order exceptions or discrepancies
  • Positive communications with warehousing, finance, and production operations.
  • Operating within company standards, KPIs and policies to support a goal-oriented environment.
  • Additional duties as assigned.

TerrAscend specializes in producing and selling cannabis products for both medicinal and recreational use. The company grows cannabis plants and processes them into various forms, including dried flower, oils, and edibles, which are then sold through their own retail brands and other distribution channels. Unlike many competitors, TerrAscend has a comprehensive business model that includes cultivation, processing, manufacturing, and retail, allowing them to control the quality of their products from start to finish. Their goal is to provide high-quality cannabis offerings while ensuring compliance with safety and efficacy standards, and they aim to expand their market presence through strategic acquisitions and innovation.

Company Stage

IPO

Total Funding

$19.9M

Headquarters

Ontario, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • TerrAscend's entry into Ohio expands its footprint to six states.
  • The $140M financing strengthens TerrAscend's financial position for future growth.
  • Innovative product offerings like Legend mini pre-rolls boost brand visibility.

What critics are saying

  • High competition in Ohio may impact TerrAscend's profitability.
  • The 12.75% interest rate on debt financing could strain financial resources.
  • Reliance on promotions like 'Green Wednesday' may indicate inconsistent revenue streams.

What makes TerrAscend unique

  • TerrAscend is a vertically-integrated cannabis company with a global presence.
  • The company focuses on both medicinal and recreational cannabis products and services.
  • TerrAscend's strategic acquisitions enhance its growth and market presence.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Employee Assistance Program

Paid Parental Leave

Short & Long Term Disability

Flexible Spending Account

Wellness Program

Employee Discount

Paid Vacation

INACTIVE