Position Purpose:
The Key Account Manager is responsible for maintaining and developing a group of national modern trade pharmacy accounts to exceed company set sales and profit targets across product range. Daily roles and responsibilities include the following:
- Implementing the business plan
- Maximizing sales
- Forecasting and planning
- Range and category development
- Promotions planning
- Managing in stock/product lifecycle
- Coordination of business activities
Core Competencies:
A self-starting and naturally curious mindset is critical as the successful candidate will need to be comfortable with ambiguity and able to demonstrate an ability to work in a fast-paced environment to establish the rhythm required to succeed. Other critical competencies are:
- Strong interpersonal skills with a focus on teamwork and ability to foster and manage relationships across multiple departments and functions
- Proactive, innovative, independent worker, has initiative, excellent team player with strong commitment to drive business result
- Can create structure and frameworks that can be communicated simply and powerfully
- Enjoys challenges and has the ability to flex and refine as they gain new insights and projects progress
- Can handle data from different sources. Has strong analytical skill and able to derive insights from data point
- Able to articulate and presents work well with strong business partnering experience
- Enjoys engaging as part of decision-making support
- Ability to lead change management whilst bringing stakeholders along
Core Job Responsibility
Relationship Management & Business Planning
- Establish ongoing business relations with major key modern trade pharmacy accounts.
- Develop and implement channel and customer prioritization, develop growth strategies and resource allocation.
- Develop channel and customer plans to deliver category growth, increase brand share in priority customer plus improve customer profitability.
- Coordinate and lead with cross functional teams to deploy plans with customers.
- Contribute to the annual planning process from strategy through to execution.
- Deliver monthly set KPI - Invoice Sales, Net Sales, trade investment ROI, forecast accuracy and excellence in execution.
- Review and align business results with internal leadership and customers according to scheduled time, managed identified gaps and execute mitigation plans.
Category Management
- Maximize sales profit through improving shelving and display, implementing promotions and new product launching.
- Ensure the execution of the marketing plan with key accounts in a timely manner.
- Implement key store drivers (range, space, promotion, and display), working with store planning teams where applicable. Ensure appropriate approvals in place for planograms, secondary display and feature areas/ special events as negotiated with buyers.
Forecasting & Inventory Management
- Generating sales forecast/analysis and market insights reports on product trend development and competitors' activities.
- Keeping track of inventory health for both national & retailer's warehouse.
- Working closely with both demand & supply chain to track forecast accuracy & service level fulfilment with retailers.
- Look at stand-out issues for inventory: discuss possible action plans with key account (e.g. clearance or increase stock weights), communicate issues internally.
Principal Accountability
- Invoice Sales, Net Sales, Trade Spend %, ROI, forecast accuracy.
- Lead annual JBP with strategic customers including alignment on annual shared KPIs and key growth initiatives, tracked via a shared scorecard.
- Trade terms management and annual review to improve productivity and ROI.
- Development of channel and customer execution standards for distribution, range optimisation, merchandising, price and promotional effectiveness.
- Be the customer advocate, improving our organizational customer intimacy, our understanding of the customs strategic objectives and ensuring these are reflected in our plans.
Functional Commercial Competency and Experience
- Detailed category management knowledge.
- Ability to determine portfolio strategy by channel and customer.
- Fundamental understanding of shopper marketing management especially shopper insight.
- Ensure distribution is secured for strategic/productive SKUs.
- Experience in managing distributor/ logistics partner to optimise customer service levels.
- Experience in developing a bottom-up customer forecast, as an input into the demand planning process.
- Strategic Selling and negotiation skills.
Essential:
- 6 - 8 years of experience in a similar role from the FMCG industry
- Able to work independently, energetic and highly passionate about work in driving sales growth
- Dynamic person embedded with excellent interpersonal and communication skills with abilities to liaise with different stakeholders
- A sense of independence to work individually and as a team player is another attribute you must possess
- Passion for growth in business and a proven track record in generating, leading and converting opportunities
- Confident professional with an ambitious approach to business development
- Displays a growth mindset to identify and actualise new opportunities
- Possesses an owners' mindset to ensure we maximise value add for our products and reduce ineffective costs
- Resilience and creativity to overcome obstacles and embrace challenges
- Plays the role of the customer champion internally while being responsive to customer needs, ensuring smooth communication and follow up
- Displays curiosity to explore insights and test new ways of working (commercial innovation)
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