The Key Account Manager is responsible for setting and implementing the strategy and direction for Abbott’s key partners. The incumbent has to be able to build a mutually beneficial business partnership between Abbott and his/her assigned accounts/customers/territory.
Key Areas of Accountability:
Volume
- Targets: Deliver monthly sales targets. Monitor progress and develop plans to address variance.
Distribution
- Develop and manage numeric and weighted distribution in assigned territory/account/customer.
- Achieve assortment of MCL in target stores
Merchandising
- OTC: Execute Merchandising guidelines compliant to recommend planogram and installation of relevant POSMs
- Partner with Trade Marketing in the development, execution and evaluation of key account programs
Account Management and Development
- Business Planning and Review
- Responsible for the maintenance of customer profiles
- Key Customer/Territory/Account Stakeholder Mapping
- Responsible for the development, implementation and review of customer business plans
- The Key Account Manager shall develop long-term business-building programs with key stakeholders and/or decision-makers in given territory/customer/account.
- Responsible for providing the Commercial Team with sales analysis/trends for total business
- Customer/Account/Territory in-sighting for better understanding of the environment for business development
- Collaboration with internal Abbott stakeholders
Inventory Management
- Responsible for ensuring that Account inventory levels are within the agreed DOH
- Monthly monitoring and analysis of sell-in and sell-out trending by brand by sku (based on data availability)
Financial Acumen
- Deliver revenue and expense targets
- Responsible for driving reconciliation within account/customer/territory
- The Key Account Manager shall adhere to recommended guidelines on cost to sales
- Activity and promo evaluation within account/customer/territory
Job Specification
Knowledge & Experience:
With a background on at least 2 years’ experience on Sales Management Highly motivated and target driven Excellent Selling, Negotiation and Communication Skills Basic P&L Understanding Marketing, Customer, and Industry Insight Data analysis Strategic Relationship: Understand customer needs and developing plans for growth Completing daily, weekly, and monthly sales reports Prioritizing, time management and organization skills
Competencies required:
Foundational Sales Knowledge Good written and oral communication skills Technology Expertise (Microsoft Applications) Negotiation skills Relationship Building Willingness to learn Interpersonal Skills Self-management and self-starting ability Results Orientation Execution Capability (On time and in full) Resource Management Technical Expertise (Driving skill)
Minimum Qualification:
Bachelor’s Degree in any field
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