Commercial Director

2 months ago


Ho Chi Minh City, Ho Chi Minh, Vietnam Mekong Capital Full time

ROLE PURPOSE

We are seeking a highly skilled Commercial Director to lead our cosmetics product line. The ideal candidate will have a strong background in marketing, business administration, and economics, with a minimum of 10 years of experience in the cosmetics industry.

KEY ACCOUNTABILITIES

1. Department Management

  • Develop and implement strategies to meet the company's growth requirements, establishing regulations and processes to ensure effectiveness and alignment with current activities.
  • Maintain a database of partner and product information for current and future projects.

2. Strategic Planning for Brand Development, Product Lines, and Portfolio

  • Analyze and identify trends and product characteristics to build a product portfolio structured around brands, product lines, SKUs, and store formats, in collaboration with the Marketing department and Training Center.
  • Establish criteria for selecting products, partners, and suppliers, as well as for market segmentation and positioning.
  • Approve and oversee the entire product lifecycle from concept development to market launch, including product testing phases and the introduction of new items.
  • Analyze and evaluate sales performance across various sales channels to enhance product quality or adjust selections and update the product portfolio accordingly.

3. Inventory Allocation and Management

  • Optimize warehouse productivity by ensuring timely coordination of goods and maximizing storage space.
  • Ensure sufficient inventory flow to support store operations, drive revenue growth, and enhance customer experience.
  • Monitor purchasing processes and compliance with company regulations.

4. Operational Budget Management

  • Develop annual expenditure plans based on yearly targets, analyze fluctuations, and initiate corrective actions as needed.
  • Establish, monitor, and update actual monthly expenses, and create budget forecasts by predicting product demand in alignment with customer trading activities.

5. Team Management

  • Monitor, supervise, remind, and guide team members to ensure compliance with professional standards and company rules and regulations.
  • Build, manage, and oversee the specialized team, taking full responsibility for the department's operations and performance.

6. Market Analysis and Competitor Research

  • Negotiate and maintain strong relationships with strategic and potential partners in the product line.
  • Select and approve a network of strategic and potential partners, including the categorization of suppliers.
  • Analyze sales data to identify partners that align with the company's product development strategy and objectives.
  • Research market conditions and competitor performance to propose market-driven business strategies and target customer initiatives.

7. Collaboration with the Marketing Department

  • Work with brands to develop detailed promotional plans on a monthly and quarterly basis.
  • Collaborate with Marketing to execute communication strategies for trading programs.

KEY REQUIREMENTS

Knowledge:

  • Education: Bachelors degree or higher in Marketing, Business Administration, Economics, or related fields.
  • Language Skills: Proficient in communication and correspondence.
  • Computer Skills: Proficient in MS Office.

Skills:

  • Strong communication and problem-solving abilities.
  • Ability to establish and maintain positive relationships.
  • Detail-oriented with a keen awareness of information and data.
  • Effective planning and reporting skills.
  • Capability to multitask, with a commitment to continuous learning and innovation.
  • Expertise in market analysis, product categories, and trend identification; understanding of the product development process in the cosmetics industry.

Work Experience:

  • Minimum of 10 years of relevant experience.
  • Demonstrated responsibility and credibility in the workplace.

Other Requirements: At least 5 years of experience in a similar role within the cosmetics industry.



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