Senior Merchandising Manager

Job Description

Title: Senior Merchandising Manager

Company Name: Dongyi Sourcing HK Limited

Vacancy: 01

Age: At least 40 years

Job Location: Dhaka (Uttara Sector 13)

Salary: Negotiable

Experience:

• At least 15 years
• The applicants should have experience in the following business area(s): Multinational Companies, Buying House

• Bachelor of Science (BSc)

• At least 15 years
• The applicants should have experience in the following business area(s): Multinational Companies, Buying House

• Age At least 40 years
• Only Male

• The applicants should have experience in the following business area(s): Merchandising division in Sourcing of Garments.
• 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 15 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 Senior Merchandising Manager of the Merchandising division, 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.

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.

The selected candidates will be receive monthly remuneration: Basic salary : USD 2000/-, House allowance: USD 500/-, Other facilities are subject to company policy and negotiation.