Trauma & Extremities Regional Account Executive Northeast
Job Details
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Our benefits include bonuses; commissions; healthcare; insurance benefits; retirement programs; stock based plans; paid time off plans; family and parenting leaves; tuition reimbursement; wellness programs; onsite fitness centers and cafeterias; discount purchase programs; and service and performance awards – not to mention various social and recreational activities.
Job Summary
Develop and execute Regional GPO/IDN contracting and sales strategies through assigned Regional Sales markets. This position will drive sales performance by building and sustaining strong relationships with GPO/IDN employees at Regional and local levels while working with, mentoring, and teaching local Sales Managers and Representatives to successfully negotiate within the National Accounts rules and regulations, and with those customers. This position will be responsible for all Negotiations, comprehensive pricing contracts, implementing pricing strategies, and processes to assist the Stryker Orthopaedics’ sales organization in driving successful business relationships and partnerships.
Essential Duties & Responsibilities
Develop and execute GPO/IDN sales and contracting strategies and activities in assigned area of responsibility with potential areas nationwide and abroad
Foster a continuous process improvement approach with a drive towards continuous sales growth
Schedule strategic visits to customers, identify growth opportunities and resolve barriers to market entry
Initiate, build, and grow existing customer relationships and engagement; drive long-term customer loyalty and retention
Develop and maintain effective relationships with both internal and external customers; utilize relationships to improve sales and payment practices
Increase sales effectiveness through the development and maintenance of quick quoting templates
Maintain and drive Contract compliance requirements for National / Regional agreement; ensure optimal use of consignment agreements reducing the risk of loss
Foster effective relationships with current and prospective third- party suppliers; seek out new sources for potential growth
Challenge third party distributors yielding increased sales opportunities
Track monthly progress against goals; identify: Successes, Weaknesses, Opportunities and Threats (SWOT).
Focus on customer satisfaction through teamwork and empowerment, solve problems using a consultative approach
Manage/update customer product and price lists; perform audits ensuring compliance
Determine barriers to Contract performance, investigate discrepancies and develop detailed action plans
Utilize Risk management and risk mitigation techniques
Review contracts and assist leadership in developing quotes and responses to inquiries
Coordinate activities and provide supplemental leadership in local territories to establish individual sales strategies, obtain appropriate approvals for pricing, and ensure delivery
Maintain knowledge of market trends, competitive actions, product needs, and customer base
Work with Marketing to develop project-specific sales strategies for assigned products (if applicable)
Work with Director on specially assigned projects
Make recommendations and assist in developing programs/strategies for continued growth
Utilize various web sites and other sources to identify requests for quotes and business opportunities
Respond to questions or problems in the field
Develop and maintain Customer Relationship Management (CRM) tools; capitalize on revenue generating interactions
Consult with legal counsel ensuring Contract Compliance
Continue professional development; identify/pursue new training opportunities; attend training/development classes
Accomplish other key duties as assigned by team leadership.
Lead Stryker efforts in contract negotiations for assigned regions and accounts
Communication/Coordination with SLT
Business and Pricing Strategy Development
Lead Customer Interface
Oversight of Customer Deliverables in Coordination with Internal Resource and Consistent with Company Guidelines
Ongoing customer interaction/business reviews with strategic accounts to identify new business opportunities and risks
Educate and train local Stryker Regional personnel on contracting and pricing protocols to facilitate effective customer interactions
Integrate strategy with SPS, Mako and MedSurg Divisions
Facilitate conversion opportunities by managing proposal and contracting efforts
Research competitive environment and develop talk points, training/education, tools, etc.
Sales representative basic correspondence
Leverage Stryker Corporate National Accounts Group
Qualifications and Work Experience Required
Direct experience assisting sales finalization; experience developing complex sales quotations and managing discounts.
8+ years of experience in the design and deployment of successful strategic sales contracts / programs.
Experience selling and in Sales Management in the Orthopedic Trauma and F&A markets strongly preferred
Experience selling at the Regional or GPO or IDN level preferred
Demonstrated track record of overachieving sales, financial or operational goals
Demonstrated ability to build strong relationships and influence key business partners
Demonstrated expertise in written, verbal, and interpersonal communication skills, including the ability to make effective presentations
Demonstrated integrity, patience, follow-through skills and ability to strategize
Demonstrated ability to quickly identify opportunities in a business situation, influence the outcome, and persuade the players; adept emotional intelligence
Ability to work both independently and within a team
Consult with legal counsel ensuring full compliance with all programs
Complex data analysis skills; Excel pivot table creation
Variance analysis, Comparison customer analysis; justify and support existing/proposed pricing methodologies
COVID-19 vaccination requirements
Stryker is driven to work together with our customers to make healthcare better. Employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required, depending on customer requirements, to obtain the COVID-19 vaccination as an essential function of their role.
Know someone at Stryker?Be sure to have them submit you as a referral prior to applying for this position. Learn more about our employee referral program at https://careers.stryker.com/referrals/
About StrykerStryker is one of the world’s leading medical technology companies and, together with our customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes.
We are proud to be named one of the World’s Best Workplaces and a Best Workplace for Diversity by Fortune Magazine! Learn more about our award-winning organization by visiting stryker.com