Retail Buyer

7 days ago

Hartford, United States Fine Fettle Full time

**Come Join Our Fine Fettle Family**

**About the Company**:
Fine Fettle is a family owned multi-state cannabis company with operations across Connecticut, Massachusetts, and Rhode Island and plans for future expansion into Georgia and beyond. We are dedicated to providing customized service and a superior customer experience. We believe that we can truly make a difference in the lives of our customers, utilizing our expertise to educate them about the plant and provide them with the right products to enhance their health and wellbeing. To make this happen, we are looking for like-minded employees to help us continue on this amazing journey.

**About the Role**:
The Retail Buyer will be responsible for developing demand plans and forecasting product needs for each assigned location, establishing and managing key vendor relationships including negotiating and sourcing necessary products and promotional opportunities. The Retail Buyer will be responsible for ensuring timely and effective deliveries, actively managing inventory levels, conducting cost and margin analysis, and managing interdepartmental communication, coordination and assistance - including retail stores, purchasing, finance, marketing, etc.

***What You’ll Do**:

- Assist Director of Pricing and Procurement with developing and curating an assortment of products for retail stores that includes the necessary percentage of internal products and 3rd party products to ensure customers have desired quantities in overall product selection.
- Responsible for planning, selecting, and purchasing internal and 3rd party products for assigned retail locations.
- Create and maintain effective partnerships with statewide vendors, effectively negotiating terms, pricing, and vendor supply agreements; partner with applicable internal departments to develop and execute terms.
- Maintain purchase orders, invoices, and tracking information in designated software system ensuring that orders are received, with accuracy, at designated locations and that Accounting has necessary information to complete payments.
- Collaborate with cross-functional partners on incoming product, product introductions, promotions, and pricing.
- Work closely with Corporate Leadership (Retail, Operations, Finance, Wholesale, Facility, etc.) on purchasing, sales, and inventory reporting to ensure stores have adequate supply on-hand and we are tracking product sell-through and age in key categories and products, ensuring the entirety of organizational health is taken into consideration.
- Manage monthly Open-to-Buy for all 3rd party assortments and report data to leadership team.
- Collaborate with Director of Purchasing, Finance, and Executive team members to create pricing strategy that is competitive and yields determined margins.
- Closely work with Buyers, as well as Finance and Retail, to develop and maintain robust and efficient sales reporting and product performance metrics down to the SKU level.
- Collaborate with internal teams on creating seasonally appropriate promotions. Maintain pulse on local market, statewide competitor landscape, upcoming trends, new vendors, etc.; establish and maintain relationships with new vendors.

**Who You Are**:

- Bachelor's degree in business, Marketing, Advertising, Retail Management, Finance, or related field, 2+ years' experience or equivalent
- Experience with ERP and/or Inventory Management systems; advanced Microsoft Excel skills required.
- Proven ability to establish strong credibility and build relationships, operate in an environment of ambiguity, and maintain strict confidentiality.
- Working knowledge about the cannabis industry, customer requests, and upcoming trends and vendors.
- Highly analytical, capable of turning raw data into information and insights. Strong financial and analytical skills, prior experience developing and managing a budget.
- Excellent organizational skills, ability to develop and implement operational best practices.
- Good judgment in a fast-moving environment with the ability to prioritize and execute multiple tasks.
- Must possess excellent business judgment, strong written and oral communication skills, and a practical, common-sense approach to getting things done.
- Quarterly travel to retail stores located in Connecticut and Massachusetts, and potential travel to other states as required. Otherwise, this is a remote position with a non-traditional work schedule, due to ordering cadence and demands.
- Must be at least 21 years of age and able to pass a background check.
- Must be able to obtain & maintain required state licenses based on work location.

**Americans With Disabilities Statement**:
***EEO Statement**:
We are an Equal Opportunity Employer. Our goal is to be a diverse workforce that is representative, at all job levels, of the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender ide

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