Cronos Group

• Develop and implement procurement strategies to ensure timely and cost-effective acquisition of materials. • Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships to ensure supply stability and quality. • Manage vendor performance, conduct regular assessments, and address any issues related to quality, delivery, or compliance. • Work closely with supply chain team to continuously monitor inventory levels to ensure optimal stock availability and minimize both stockouts and excess inventory. • Implement inventory optimization techniques to balance stock levels with production schedules and demand patterns, aiming to reduce carrying costs and improve cash flow. • Ensure all procurement activities comply with industry regulations, including cannabis-specific requirements. • Lead all RFP’s and cost/contract negotiations for cannabis biomass, oils, extracts, as well as contract manufacturing services for gummy co-packing, preroll manufacturing, and/or vape formulations and filling. • Analyze market trends and pricing to make informed purchasing decisions that balance cost and quality. • Drive 10% year over year savings on all categories managed and track and report on cost savings and efficiencies. • Build and maintain strong relationships with suppliers and manufacturers. • Collaborate with cross-functional teams to align procurement activities with manufacturing needs and product development timelines and goals. • Prepare and present regular reports on procurement metrics, supplier performance, and inventory status. • Work closely with project teams to align procurement activities with project milestones and ensure that procurement activities support project timelines and goals.