Buyer, Florida
Job Description
The Buyer Is responsible for driving the revenue and profitability of our retail business. To do this, the Buyer will set and execute market-specific assortment strategies--including products, their prices, and promotions--that help create a world-class patient/customer experience. We're looking for Individuals who possess unwavering integrity, unquenchable curiosity, and a passion for cannabis.Â
This position will require travel in the state of Florida to our dispensaries and production facilities up to 50% of the time. When you are not out in the field, you will work remotely.Â
ResponsibilitiesÂ- Collaborate with cross-functional stakeholders to develop localized assortments, retail pricing strategies, and sales forecasts to drive profitability.Â
- Allocate internally produced products from our manufacturing site to our stores on a weekly basis.Â
- Execute allocation and purchasing strategies that align with the financial goals of each dispensary and market.Â
- Collaborate with the Marketing team to define and execute local retail marketing campaigns.Â
- Cultivate strong relationships with cannabis product suppliers to ensure consistent access to products for our patients.Â
- Anticipate potential problems and risks, generating insights and proposing effective solutions based on data analysis.Â
- Establish and maintain a reputation of credibility and responsiveness in the marketplace.Â
- Gather critical information from vendors regarding market trends and competitor buying activity, and present findings effectively.Â
- Monitor the market through competitor pricing, promotional activities, and product launches, utilizing comp shopping techniques.Â
- Manage the complete assortment lifecycle, including innovation, vendor meetings, costing negotiations, sales analyses, promotional calendars, and product exit strategies.Â
- Present the current state, health, and future plans for the retail business to senior leadership.Â
- Conduct audits of purchasing and allocation processes to identify areas for improvement and implement best practices.Â
- Maintain appropriate inventory levels to exceed sales expectations while minimizing unnecessary liquidation.Â
- Experience in retail buying, merchandising, planning, or category management. 7-10 years of relevant experience. Retail planning experience preferred.Â
- Experience managing external relationships, adversarial and collaborative negotiations.Â
- Adapts and thrives in a demanding, start-up, fast-paced environmentÂ
- Strong presentation skills and ability to listen to the opinions of others to help form a cohesive decision Â
- Ability to make decisions under pressure when needed Â
- Must be a self-starter who likes to solve complex problemsÂ
- Advanced proficiency in MS ExcelÂ
- Ability to gather / analyze data and to work with incomplete informationÂ
- Analytical mindsetÂ
- Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgment, common sense and resourcefulnessÂ
- Possesses a high level of critical thinkingÂ
- Operates with a high level of professionalism and integrity, including dealing with confidential informationÂ
- Must understand and comply with the rules, regulations, policies, and procedures of GTIÂ
- Eager to learn cannabis compliance laws, rules and regulations and passion to further their understanding and knowledge of the industry and the laws.Â
- Bachelor’s degree in a relevant fieldÂ
- Must pass any and all required background checks Â
- Must be and remain compliant with all legal or company regulations for working in the industry Â
- Must possess valid driver’s licenseÂ
- Must be a minimum of 21 years of ageÂ
- Must be approved by state badging agency to work in cannabis industry
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Date Posted
08/18/2023
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