Merchandising procedures & operations of Nilrotna Trading Corporation

This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2017.

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Haq, Rawnaqul
مؤلفون آخرون: Mamoon, Mahreen
التنسيق: Internship report
اللغة:English
منشور في: BRAC Univeristy 2018
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/10361/9122
id 10361-9122
record_format dspace
spelling 10361-91222019-09-30T03:14:31Z Merchandising procedures & operations of Nilrotna Trading Corporation Haq, Rawnaqul Mamoon, Mahreen BRAC Business School, BRAC University Nilrotna Trading Corporation Merchandising This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2017. Cataloged from PDF version of internship report. Includes bibliographical references (pages 37). Buying houses act as intermediary between the foreign buyer and local apparel manufacturer. Buying houses hunt buyers, approach them, send sample of apparel, negotiate price, and receives confirmed order after buyer is satisfied with price and quality. Then the buying house contacts local suppliers for production of apparel strictly as per buyer’s specification in exchange of buying house commission. At the centre of all activities of a buying house is the merchandiser. He is in charge of marketing; sample developing, costing, production planning. Ensuring quality of the finished product is entirely his responsibility. For this reason he has to closely monitor production process. To do all these in strict timeline he needs to be the ultimate master of multi-tasking and must possess advanced communication and negotiation skill. To become a successful merchandiser a person needs to be a highly skilled marketing person. He needs to concentrate on multiple issues at hand, with the ultimate goal of keeping the buyer satisfied so that possibility of repeat business is increased manifold. He needs to be punctual and must keep commitment. Advanced communication skill is his tool of business. He needs to be in touch with the stakeholders all the time. Readymade Garments Sector is biggest contributor of export from Bangladesh. To achieve this achievement buying houses have great influence. Buying houses have removed the burden of dealing with foreign buyers from RMG factories, thus enabling them to concentrate on their core activity, i.e., producing quality apparel product. Buying houses have created employment opportunity for educated youth and shown the path to prosperity to numerous educated entrepreneurs. Buying houses has embraced latest trends in technology and communication media to reach buyers in remote countries. But still there is opportunity for better use of Information Technology for data mining to find out useful business insight. If scientific market research can be added to already existing capabilities of the buying house then value addition in this sector can be increased many times. Rawnaqul Haq M. Business Administration 2018-01-22T03:56:03Z 2018-01-22T03:56:03Z 2017 2017-12-10 Internship report ID 13264034 http://hdl.handle.net/10361/9122 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 37 pages application/pdf BRAC Univeristy
institution Brac University
collection Institutional Repository
language English
topic Nilrotna Trading Corporation
Merchandising
spellingShingle Nilrotna Trading Corporation
Merchandising
Haq, Rawnaqul
Merchandising procedures & operations of Nilrotna Trading Corporation
description This internship report is submitted in a partial fulfilment of the requirements for the degree of Masters of Business Administration, 2017.
author2 Mamoon, Mahreen
author_facet Mamoon, Mahreen
Haq, Rawnaqul
format Internship report
author Haq, Rawnaqul
author_sort Haq, Rawnaqul
title Merchandising procedures & operations of Nilrotna Trading Corporation
title_short Merchandising procedures & operations of Nilrotna Trading Corporation
title_full Merchandising procedures & operations of Nilrotna Trading Corporation
title_fullStr Merchandising procedures & operations of Nilrotna Trading Corporation
title_full_unstemmed Merchandising procedures & operations of Nilrotna Trading Corporation
title_sort merchandising procedures & operations of nilrotna trading corporation
publisher BRAC Univeristy
publishDate 2018
url http://hdl.handle.net/10361/9122
work_keys_str_mv AT haqrawnaqul merchandisingproceduresoperationsofnilrotnatradingcorporation
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