Finnleys | Senior Buyer

Buyer Purpose

The Buying role at Finnleys is a key area of responsibility.  As a growing women’s boutique with a mix of fashion, jewelry, and gift items, the buyer must be constantly replenishing stock with new and unique quality items.

Key Responsibilities:

  • Keeping our store stocked with the appropriate levels of inventory to achieve sales targets, including forecasting needs.

  • Knowing our customer and what will sell – in collaboration with key sales associates

  • Spotting trends and purchasing products

    • Maintaining a finger on the pulse of fashion via vendor relationships, markets, magazines, social media outlets, competitors, sister boutiques in other areas of the country

    • This includes attending 4-6 shows a year, coordinating with sales associates, showrooms, and suppliers

  • Manage purchasing budget

    • this includes aligning with owner on category mix, new categories, deleting categories, how many of each style,

  • Purchasing for window design (outfits, accessories, etc)

  • Long-term planning for seasonal products and events (Holidays, graduation, weddings, Mother’s day, festivals, in-store special events)

  • Reviewing specialty buys for wish-list

  • Managing or communicating the product flow of what is arriving, what is optimum retail and paperwork process

  • Educating sales people on the upcoming new products, key selling points, specialty items

Key Qualifications:

  • Boutique experience – preferably 5 to 10 years

  • Buying experience – 2 to 5 years

  • Ability to travel

  • Knowledge of retail POS systems, spreadsheets and word documents

Desired Characteristics:

  • Creative problem solving

  • Organized

Measures of Performance

  • Inventory Turns

  • Markdowns

  • Margins

  • Sales/Sell-through

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