Buyer, MA

Green Thumb • Worcester, MA

9d • $90,000 - $110,000 • Onsite

About The Position

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.

Requirements

• Experience in retail buying, merchandising, planning, or category management. 7-10+ years of relevant experience.
• Retail planning experience preferred.
• Experience managing external relationships, adversarial and collaborative negotiations.
• Adapts and thrives in a demanding, start-up, fast-paced environment.
• Strong presentation skills and ability to listen to the opinions of others to help form a cohesive decision.
• Ability to make decisions under pressure when needed.
• Must be a self-starter who likes to solve complex problems.
• Advanced proficiency in MS Excel.
• Ability to gather / analyze data and to work with incomplete information.
• Analytical mindset.
• Highly motivated, self-directed, innovative and able to work independently or among teams with keen judgment, common sense and resourcefulness.
• Possesses a high level of critical thinking.
• Operates with a high level of professionalism and integrity, including dealing with confidential information.
• Must understand and comply with the rules, regulations, policies, and procedures of GTI.
• Eager to learn cannabis compliance laws, rules and regulations and passion to further their understanding and knowledge of the industry and the laws.
• Must pass any and all required background checks.
• Must be and remain compliant with all legal or company regulations for working in the industry.
• Must be a minimum of 21 years of age.
• Must be approved by state badging agency to work in cannabis industry.

Nice To Haves

• Bachelor’s degree preferred in a relevant field

Responsibilities

• Collaborate with cross-functional stakeholders to develop localized assortments, retail pricing strategies, and sales forecasts to drive profitability.
• Allocate internally produced products from our manufacturing site to our stores on a weekly basis.
• Execute allocation and purchasing strategies that align with the financial goals of each dispensary and market.
• Collaborate with the Marketing team to define and execute local retail marketing campaigns.
• Cultivate strong relationships with cannabis product suppliers to ensure consistent access to products for our patients.
• Anticipate potential problems and risks, generating insights and proposing effective solutions based on data analysis.
• Establish and maintain a reputation of credibility and responsiveness in the marketplace.
• Gather critical information from vendors regarding market trends and competitor buying activity, and present findings effectively.
• Monitor the market through competitor pricing, promotional activities, and product launches, utilizing comp shopping techniques.
• Manage the complete assortment lifecycle, including innovation, vendor meetings, costing negotiations, sales analyses, promotional calendars, and product exit strategies.
• Present the current state, health, and future plans for the retail business to senior leadership.
• Conduct audits of purchasing and allocation processes to identify areas for improvement and implement best practices.
• Maintain appropriate inventory levels to exceed sales expectations while minimizing unnecessary liquidation.

Benefits

• The pay range is competitive and based on experience, qualifications, and/or location of the role.
• Positions may be eligible for a discretionary annual incentive program driven by organization and individual performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior