4) Key Result Areas/Accountabilities: |
Key Result Areas/Accountabilities | Supporting Actions |
Develop and Win New Key Accounts | - Identify high value high potential accounts
- Identify areas to collaborate for building solutions
- Drive qualification with new Key Accounts
- Create win-win scenarios for new accounts to switch to Hindalco
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Drive Key Account Growth & Revenue
| - Achieve and exceed sales targets for assigned key accounts.
- Identify new business opportunities within existing accounts.
- Forecast revenue and plan activities to drive account growth
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Own Drive & Champion Client Relationship | - Take complete responsibility as a primary point of contact for assigned key customers.
- Build and nurture strong multi-level relationships with key stakeholders (CXOs & Promotors) in the client organization
- Ensure high levels of customer satisfaction and retention.
- Organise periodic Leadership connects
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Lead Joint Business Planning with Key Accounts | - Lead the annual and quarterly Joint Business Planning process with key accounts.
- Align mutual growth objectives innovation plans and investment strategies.
- Track JBP KPIs and ensure both parties are accountable for agreed deliverables.
- Identify future opportunities and commit to growth of Key Accounts through MoUs
- Conduct periodic business reviews with customers to assess satisfaction and align on future goals
|
Innovation & Product Development | - Act as a voice of the customer internally to influence R&D product development and innovation pipelines.
- Identify and co-develop customized solutions SKUs or services aligned with the customers strategic goals.
- Facilitate pilot projects or proof-of-concept initiatives in collaboration with internal teams and customers.
- Drive qualifications of new products till they get established
|
Drive Optimization of Total Cost of Ownership (TCO) | - Collaborate with procurement logistics and technical teams to help customers reduce their total cost of ownership.
- Identify opportunities to improve supply chain efficiency packaging delivery frequency or payment terms.
- Collaborate with Plant and take up projects to drive down costs and improve productivity
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Drive Profitability of Relationships | - Achieve highest Share of Wallet (SOW) among competitive suppliers
- Enrich premiums through improvement of product mix and service parameters
- Become the preferred supplier of choice
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Lead Contract Negotiations & Risk Management | - Negotiate contracts and commercial terms.
- Monitor compliance and manage risks associated with key accounts.
- Collaborate with Legal Team and ensure the contract terms are well drafted and vetted upon
- Periodic reconciliation/balance confirmation of assigned customer accounts.
- Analyze market specific risk bank risk and customer risk and advise Stream Heads.
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Enforce Commercial Hygiene & Compliance | - Ensure accurate and timely documentation of commercial agreements pricing promotions and trade terms.
- Monitor and control claims deductions and receivables to maintain financial discipline.
- Ensure adherence to company policies regarding discounts credit limits and payment terms.
- Regularly audit account profitability and take corrective actions where needed.
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Analysis of Performance | - Monitor and report on account performance metrics (revenue engagement satisfaction).
- Use data insights to refine strategies and approaches.
- Provide regular reports to senior management
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