Simplify Logo

Full-Time

Procurement Coordinator

Confirmed live in the last 24 hours

TerrAscend

TerrAscend

201-500 employees

Produces and sells cannabis products and services

Healthcare
Consumer Goods

Junior, Mid

Chambersburg, PA, USA

Category
Inventory Management
Procurement & Sourcing
Operations & Logistics
Required Skills
Communications
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 diverse 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

$332M

Headquarters

Ontario, California

Founded

2017

Growth & Insights
Headcount

6 month growth

13%

1 year growth

24%

2 year growth

85%
Simplify Jobs

Simplify's Take

What believers are saying

  • TerrAscend's listing on the Toronto Stock Exchange as the first cannabis company with revenues from multi-state operations in the U.S. highlights its strong market position and growth potential.
  • The acquisition of Herbiculture and the launch of adult-use sales in Maryland are expected to drive substantial sales and profit growth.
  • The company's ability to secure significant financing, such as the $25M loan and $20.5M private placement, indicates strong investor confidence and financial stability.

What critics are saying

  • The highly regulated nature of the cannabis industry poses compliance risks that could impact TerrAscend's operations and profitability.
  • The integration of multiple acquisitions may present challenges in terms of operational efficiency and cultural alignment.

What makes TerrAscend unique

  • TerrAscend's multifaceted business model, encompassing cultivation, processing, manufacturing, and retail, sets it apart from competitors who may focus on only one or two aspects of the cannabis supply chain.
  • The company's strategic acquisitions, such as Herbiculture and The Apothecarium, have significantly expanded its market presence and operational capabilities.
  • TerrAscend's commitment to scientific research and innovation ensures high-quality products, distinguishing it from competitors who may not prioritize these aspects.