Role: Key Account Manager- Modern Trade (Neo Foods)
Location: Mumbai
Role Purpose:
- Drive sales growth and earn market share growth in modern trade accounts.
- Ensuring alignment with the company's Target and growth plan
- Negotiating trade terms, improving visibility and product listing in most cost-effective manner.
- Executing promotional strategies to maximize revenue and brand presence majorly BTL, Promoters, Merchandising.
Key Accountabilities/ Responsibilities:
Financial:
- Deliver revenue targets and profitability for the modern trade channel.
- Monitor and control trade spends to ensure ROI-driven promotions.
- Forecast and plan budgets in collaboration
Customer:
- Build and maintain strong relationships with national key accounts.
- Develop tailored strategies to grow sales in Modern trade.
- Ensure optimal execution of in-store activities, merchandising, and planogram compliance.
Process:
- Lead the Joint Business Planning (JBP) process with key modern trade partners.
- Collaborate with demand planning and logistics teams for efficient inventory management.
- Conduct periodic business reviews with customers to assess performance and course-correct
People:
- Lead, mentor, and guide the modern trade sales team (including sales officers and merchandisers).
- Ensure continuous performance monitoring.
Key Deliverables:
- Achievement of monthly/quarterly/annual modern trade sales targets.
- Efficient execution of promotions and in-store activities.
- Strategic growth in visibility and weighted distribution.
- Effective team management and customer engagement.
Key Interactions:
- Internal stakeholders: Sales Team, Trade Marketing, Finance, Supply Chain, Demand Planning, HR
- External stakeholders: Key Account Category Managers, Distributors, Merchandising Partners
Key Dimensions:
- Target & Budget planning
- Gain market share
- Close TOT
- Promotion planning and execution
Educational Qualifications:
Experience (Type & Nature):
7+ years of experience working in FMCG.
Minimum 5 year of experience in Modern Trade business handling
Functional Competencies
- Key Account Management
- Trade Negotiation & Terms Management
- Strategic Planning & Execution
- Supply Chain & Forecasting