Lighting | Rugs | Tabletop | Wall Art | Textiles
We know how hard it is to grow your business with limited resources. You want the best collection for your store, but it is a challenge to source or to find the time to seek out new vendors who are trustworthy and reliable. Our role as the accessory buyer is to select, coordinate, maintain, and drive business for the overall accessory, accent for all of our client’s locations.
We have built relationships with various vendors across the country. Tell us what you’re looking for, and we will work with our network of home decor vendors to create a collection that will keep your customers stimulated. If you have vendors that you already use, we are more than happy to source products through your vendors.
Our buying strategy and product development have been successful for furniture and home accessory stores across 5,000 SKUS; resulting in $10M retail sales across 20 Boutiques and eCommerce channels. We will identify key items and programs to maximize unit velocity per store.
Included in our Accessory Buying services:
- 1. Onboard vendors and negotiate the production, delivery pricing, and contract terms; maintain relationships with existing vendors and source new vendors for future products while upgrading profit margins by 5% in 2020
2. Partner with Marketing and Store Operations departments to create standards for monthly and seasonal floor sets, marketing messages, and price and promotions
3. Review current inventory
4. Develop reporting and business plans related to inventory control, merchandising, selection, and product/vendor performance
5. Confers with vendors to obtain product or service information such as price, availability, and delivery schedule
6. Develops strong relationships with vendors based on good communication and business skills
7. Develop merchandise and marketing plans for products
8. Work with schedules, floor plans, and projects involving showroom openings and showroom remodels
9. Determines procurement methods such as domestic or import
10. Prepares purchase orders or bid requests
11. Maintains procurement records such as items or services purchased, costs, delivery, product quality or performance, and inventories
12. Discusses defective or unacceptable goods or services with inspection or quality control personnel, users, vendors, and others to determine the source of trouble and take corrective action
13. Approves invoices for payment.