Title: Chief Operating Officer (COO)
Company Name: New Grameen Motors Ltd.
Vacancy: 01
Age: 30 to 48 years
Job Location: Dhaka
Salary: Negotiable
Experience:
Bachelor's degree in Business Administration, Management, Supply Chain, Finance or a related discipline.
MBA/Master's degree will be preferred.
08–10+ years of progressive experience in retail, supermarket, grocery, FMCG, distribution or related businesses.
At least 5 years in a senior retail/operations leadership position is preferred.
Experience managing multiple retail outlets and large operational teams will be highly desirable.
Strong experience in P&L management, procurement, inventory and supply-chain operations is preferred.
The Chief Operating Officer (COO) will be responsible for the overall operational and commercial performance of Ronex Mart. The COO will lead the day-to-day retail operation, drive sales and profitability, establish operational discipline, optimize inventory and supply chain, strengthen customer experience, and build a high-performing retail organization.
The position will translate the company's strategic objectives into measurable operational plans and ensure consistent execution across all Ronex Mart outlets.
Key Responsibilities
Develop and execute the overall operating strategy for Ronex Mart in alignment with the company's business objectives.
Take end-to-end responsibility for daily retail operations and operational excellence.
Establish standardized SOPs for store opening/closing, sales, cash management, merchandising, receiving, inventory, customer service, hygiene and safety.
Build scalable systems and processes to support future outlet expansion.
Own overall sales, gross margin and operating profitability targets.
Develop annual, quarterly and monthly sales and operating budgets.
Monitor gross margin, operating expenses, shrinkage and wastage to improve overall profitability.
Develop strategies to increase average basket size, customer frequency and customer retention.
Oversee the performance of all Ronex Mart outlets.
Ensure stores maintain high standards of cleanliness, product availability, visual merchandising and customer service.
Ensure proper cash handling, POS operations, refunds, discounts and end-of-day reconciliation.
Establish clear accountability for Store Managers and outlet teams.
Lead procurement strategy to ensure availability of quality products at competitive costs.
Develop and maintain strong relationships with suppliers, distributors and strategic vendors.
Ensure FIFO/FEFO practices where applicable, particularly for fresh and perishable products.
Establish robust inventory-control systems across stores and warehouses.
Ensure accurate POS/ERP inventory records.
Establish clear accountability for inventory discrepancies.
Establish Ronex Mart's customer service standards and ensure consistent implementation.
Monitor customer satisfaction, complaints and service quality.
Use customer feedback and purchasing data to improve assortment and store operations.
Build, lead and develop a high-performing retail operations team.
Set performance expectations and KPIs for Store Managers and operational leaders.
Establish performance-management and incentive systems.
Promote a culture of ownership, customer focus and continuous improvement.
Ensure effective utilization of POS, ERP, inventory-management and reporting systems.
Develop dashboards for sales, inventory, margin, shrinkage, expenses and store performance.
Work closely with Marketing to develop store promotions, seasonal campaigns and customer-acquisition initiatives.
Evaluate promotional effectiveness based on sales and margin impact.
Coordinate store-level execution of all marketing campaigns.
Ensure compliance with applicable Bangladesh laws, regulations and licensing requirements.
Ensure adherence to internal policies and ethical business practices.
Support the company's expansion strategy and new-outlet planning.
Continuously evaluate store productivity and recommend expansion, relocation or optimization where appropriate.