Chief Operating Officer (COO)

Job Description

Title: Chief Operating Officer (COO)

Company Name: Dongyi Sourcing Limited

Vacancy: 01

Age: At least 45 years

Job Location: Dhaka (Uttara Sector 11)

Salary: Tk. 400000 (Monthly)

Experience:

• At least 10 years
• The applicants should have experience in the following business area(s): Multinational Companies, Buying House

• Bachelor of Science (BSc)

• At least 10 years
• The applicants should have experience in the following business area(s): Multinational Companies, Buying House

• Age At least 45 years
• Only Male

Age at least 45 years.

Only males are allowed to apply

The applicant should have experience in the following area(s): Sourcing & Merchandising division in garments.

Must be very good in communicating in fluent English.

Applicant should be well capable do deal with foreign customers.

Applicant will get preference if dealing with reputed buyer.

Candidates having minimum 10 years of experience in managing Merchandising & Marketing activities of export oriented Ready-Made Garments, products in reputed manufacturing companies and dealing with HK, EU, USA, UK & Spain buyers.

Strong understanding of merchandising principles, market trends, and customer preferences.

Excellent analytical skills and ability to interpret data to drive strategic decisions.

Exceptional negotiation, vendor management, and communication skills.

Proficiency in using merchandising software and tools.

Strategic thinker with the ability to adapt to changing market dynamics.

Strong leadership skills, with the ability to inspire and motivate teams.

Ability to manage multiple projects and priorities in a fast-paced environment

Job Context :

As the Chief Operating Officer (COO) for a local buying house’s Operation, you will play a pivotal role in leading and managing the merchandise strategy and operations for buyer division. You will be responsible for developing and executing a comprehensive merchandising plan that aligns with the company`s objectives, drives revenue growth, and enhances the customer experience.

Job Responsibilities:

Strategic Planning: Develop and execute a merchandising strategy that aligns with the company`s goals, market trends, and customer preferences for Buyer.

Product Assortment: Curate and manage a diverse range of products that resonate with Buyer`s target audience, ensuring a well-balanced assortment that caters to various preferences and needs.

Vendor Relationships: Build and maintain strong relationships with suppliers and vendors to negotiate favorable terms, source high-quality products, and ensure a reliable supply chain.

Pricing and Profitability: Determine pricing strategies that optimize profitability while remaining competitive in the market, considering factors such as cost, competition, and perceived value.

Inventory Management: Monitor inventory levels, turnover rates, and sales data to make informed decisions regarding product replenishment, stock clearance, and new product introductions.

Market Analysis: Stay up-to-date with industry trends, market dynamics, and competitive landscape to identify opportunities and potential risks, adjusting the merchandise strategy accordingly.

Cross-Functional Collaboration: Collaborate with various departments such as marketing, sales, and operations to ensure a seamless end-to-end customer experience and align merchandising efforts with broader business goals.

Team Leadership: Lead and manage a team of merchandising professionals, providing guidance, mentorship, and performance feedback to drive individual and collective success.

Performance Analysis: Analyze sales data, customer feedback, and other relevant metrics to evaluate the effectiveness of merchandising strategies and make data-driven improvements.

Budget Management: Develop and manage the merchandise budget, allocating resources effectively to support strategic initiatives and achieve financial targets.

• Mobile bill,Weekly 2 holidays
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2

The selected candidates will be receive monthly remuneration: Basic Salary: USD 2,700/-, House allowance: USD 500/-, Other facilities are subject to company policy and negotiation.