Supply Chain and Inventory ManagerMedical Cannabis Industry / Pharmaceutical DistributionOld Street, LondonThe company requires the successful candidate for this role to ordinarily be at the office five days a week, although the company allows flexibility when requiredIndustry ContextMedical cannabis has been legal in the UK since 2018, with over 50,000 patients currently prescribed medical cannabis through private clinics. These numbers are consistently growing. Over 99% of prescribed medical cannabis products in the UK are imported by distributors and sold to private clinics for patient prescriptionsCompany OverviewOur client, founded in 2023, is an innovative and upcoming medical cannabis importer, distributor, and wholesaler in the UK. Established by a team of experienced founders with extensive experience and a proven track record in the medicinal cannabis space, including importing and distributing medical cannabis, their mission is to become a leading, reliable, and trusted partner for UK healthcare organizations whose patients can benefit from medicinal cannabis. They will import medical cannabis-based medicines from around the world and distribute them to private clinics and pharmacies in the UK that are already prescribing medical cannabis and to the existing pharmacies supplying the private healthcare sector who now want to add medicinal cannabis to their formularies.As the company is in its early stages, it seeks individuals eager to be part of an empowered, motivated, and cohesive team building something that can have a significant and positive impact on peoples lives. An ideal candidate will be motivated by the opportunity to be hands-on and by the chance to continuously improve systems now and as the business evolves, whilst embodying a disciplined, collaborative, and systematic approachJob SummaryHaving recently hired a Quality Manager, the client is now looking to hire a Supply Chain and Inventory Manager to join the team. The Supply Chain and Inventory Manager will be responsible for creating a clear supply chain and stock plan to match expected customer demand. This includes executing all operational activities related to the successful and compliant movement and storage of medical products, covering everything from operational production planning with suppliers all the way through to final supply to customers.The role involves overseeing all aspects of procurement of products to meet forecast demand, coordinating the paperwork and regulatory approvals required to move product and project management of all supply chain and inventory matters. A key responsibility is to develop an order schedule to match demand from customers to ensure demand is met and stock shortages are avoided .This position requires a deep understanding of the import, distribution and supply chain process, a strong ability to assess expected demand from clinic and pharmacy partners, and excellent organizational and communication skills. You will also be responsible for managing multiple consignments at any given time, ensuring smooth supply chain operationsKey Responsibilities Supply Chain Management Manage all activities related to the import, storage, and distribution of goods, ensuring regulatory compliance. You will not be expected to find new suppliers, but once the supplier has been confirmed, it will be your job to build a stable supply chain from that supplier to your customers, which are pharmaciesOversee the procurement of products including managing the required documentation for initiating, executing, and clearing importsTrack and manage the status of ongoing imports to ensure a smooth supply chain processMaintain day-to-day oversight of interactions with outsourced warehouse and logistics partners, ensuring accuracy in stock forecastsEnsure stock updates are accurately communicated to the Customer Service ManagerWork closely with the Responsible Person (RP) and Quality Manager & Third Party Transport providers to clear goods through quarantine and resolve compliance issuesInventory ControlMonitor stock levels and implement proactive replenishment strategies to prevent shortages or excess inventoryEstablish a systematic approach to track stock movements and address any discrepancies in coordination with the Quality ManagerApply stringent inventory control measures to minimize product loss, expiry risks, and regulatory non-complianceDemand Forecasting & CoordinationWork with Customer Service Manager(s) and the commercial team to develop accurate demand forecasts using customer insights and marketImplement forecasting models to anticipate demand fluctuations and adjust stock levels accordinglyEnsure suppliers production schedules are aligned with the companys demand projectionsAllocate stock based on customer requirements and adjust management strategies accordinglyCoordinate with Customer Service Manager to ensure accurate and timely communication of stock allocations to customersCustomer & Product ManagementDevelop a deep understanding of product availability, demand dynamics, and factors affecting procurement and storageMaintain close communication with the Customer Service Manager to ensure customer needs are effectively metProvide the necessary insights for managing customer expectations in case of supply chain disruptionsAdministrative ManagementEnsure all import-related documents are updated and completed in adherence to GdocP, Data Integrity (DI), and ALCOA Plus requirementsSupport regulatory compliance by keeping records aligned with operational requirementsAssist the Licence Holder/AO in updating the Controlled Drug (CD) register when necessaryMarket Intelligence & ComplianceContinuously track and analyze market trends, supplier capabilities, and product developments to optimize procurement strategiesMaintain compliance with all licensing and regulatory requirements, strictly adhering to the Quality Management System (QMS) and Standard Operating Procedures (SOPS)Work closely with the Quality Manager to ensure operational adherence to compliance frameworks and guidelinesQualifications & SkillsMust have extensive experience in supply chain management, logistics, inventory control, Demand Planning, or inventory planning with medicinal products / Pharmaceuticals. (Experience with Medical Devices may also be relevant)Must have experience with imports of medicinal products / Pharmaceuticals, and the procedures that go along with this (Experience with Medical Devices may also be relevant)Ability to work autonomously, whilst being proactiveExcellent organizational, analytical, and communication skillsAbility to manage multiple priorities in a fast-paced environmentBonus points for experience in startups, younger or smaller businesses or any evidence of willingness to roll up your sleevesBonus points for experience with unlicensed medicines (Specials), controlled drugs or Medical CannabisCompensation & Benefits35,000 70,000 depending on experience and seniority level (the client is open to candidates at varying levelsAbove-standard pension contribution25 days holiday + bank holidaysWork phone & laptop providedTwo additional well-being days per yearOngoing training & development opportunities, including an industry-leading Medical Cannabis course to get you up to speedApplyingf this sounds interesting and you would like more information, please apply through this site or email your CV to aj.mishra@luminorecruit.com. Referral fees are available if you know someone suitableApplicants must be based in the UK and have the right to work. Sponsorship is not available. Successful candidates will undergo DBS & reference checks before employment
Job Title
Supply Chain & Inventory Manager - Medical Cannabis Industry