Retail Product Manager

About the Job

The role of the Retail Product Manager is directly responsible for all retail product purchasing, restock, and upsell. The Retail Product Manager is also responsible for managing vendor payments and regular meetings, managing product promotion, working closely with store leadership and teams, and oversee product education and training for staff.

What You Will Do

• Establish, train, and monitor best practices in daily product inventory management.
• Responsible for all Retail product purchases and maintaining restock levels of best sellers, as well as working with or dropping brands with low selling velocity.
• Schedule meetings with new and existing product vendors to conduct sampling of new products and / or sales review of current product offering.
• Revisit product costs and promotions with vendors and renegotiate every 3-6 months as needed.
• Manage all product promotion activity, daily, weekly, holiday and event specific. Plan and prepare promotions calendar quarterly, and create all assets and communications for both internal store team and external customers.
• Assemble and analyze weekly product reports and monitor velocity of product sales through rate.
• Monitor and ensure store teams are managing expired products and waste appropriately.
• Manage all Retail Vendor payments and negotiation of terms. Maintain payment process to ensure payments are not seriously past due that affect reordering.
• Oversee and manage the monthly credit memo validation and application process from product promotions. Ensure all credit memos are confirmed within 30 days of request and applied within a 90 days from issue.
• Contribute to operational and strategic planning and assist in setting quarterly goals.
• Oversee product education and training for the store staff on all current and new products.
• Demonstrate ability to speak at a high level about the business through quality business analysis.
• Ensure product inventory is compliant with all state regulations and follow up with vendors as needed. Oversee all Metrc compliance and initiate transfers and / or returns as needed.
• Coordinate with store leadership teams on budtender samples and vendor giveaways.
• Ensures product inventory information is entered correctly and properly managed systematically for accurate buying decisions.
• Work with Head of Retail for new product onboarding.
• Other duties as assigned

What We Are Looking For

• Must be 21+ years of age
• High school or equivalent
• 3-5 years of senior leadership experience in retail, customer service, hospitality, food service, or a related field
• Strong leadership and people management skills, with the ability to inspire and motivate a team
• Must be able to work a variety of hours including mornings, nights, and weekends
• This position may also be required to drive (i.e bank deposits).
• A valid driver’s license may be required as well as personal transportation.
• Excellent computer and mathematics skills, data analysis; experience working in Microsoft Excel required.
• Ability to manage complex projects and multi-task with excellent organization skills.
• Experienced relationship with internal team and external partners.
• Comfort with a fast-paced environment and changing requirements.
• Comfortable learning new technologies.
• Aptitude for problem solving and troubleshooting and ability to provide well thought out recommendations.
• Excellent attention to detail.
• Exceptional communication skills, both written and verbal.
• Calm under pressure.
• Ability to work independently with little supervision.
• Safety and compliance focused.
• Creative thinker with the ability to generate new ideas and approaches.
• Collaborative team player with a positive attitude and strong interpersonal skills.
• High level of integrity and ethical standards..
• Ability to create accountability and to lead by example.

Compensation Description (annually) : The salary range for this position in the selected city is $65,000.00 - $85,000.00 annually.

Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location.

Why Connected?

Connected is an exciting and innovative workplace with a highly engaged workforce brought together by a shared passion to be the best in the business.

We are on a mission to breed, grow and sell the best cannabis in the world! This is a super unique opportunity to be part of the start-up stage of the booming cannabis industry.

We are looking for exceptional people to join our team as we transition into the next phase of our business ventures and become a leader in the cannabis space.

• Competitive Pay
• 401(k), Medical, Dental, Vision, Life Insurance
• Paid Vacation Time (Flexible Vacation policy for exempt positions)
• Career Growth and Internal Advancement Opportunities
• Chance to work in an exciting new start-up industry with awesome people!
20 days ago