Hi Lisa,
I don't know your background/experience with retail, so I don't mean to offend, but I have a couple of questions:
- Does the merchandise that's being ordered eventually sell, so it's more a matter of too much being ordered at one time, or is a lot being ordered and then it doesn't sell?
- Are items being marked up appropriately? We try to "keystone" (buy it for $5, sell it for $10) but of course that's not always possible. Something is always going to have to be marked down, but doing this helps us maintain an average 40-43% gross profit margin.
- Does the "buyer" have a budget? If not, perhaps setting a budget based on the previous year's revenue would provide some boundaries. You could even spread the budget monthly or quarterly to take holidays into consideration.
I have a paid manager/buyer, although I have done it myself in the past, so I'm not the most experienced person, but the above are just some thoughts that came to mind when I read your post. I know it must be a frustrating situation, so I hope you've gotten other/better advice that will help.