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Head of Commercial

10-12 Years
SGD 16,000 - 24,000 per month
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  • Posted 14 hours ago
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Job Description

Key Responsibilities:

1. Sales

  • Lead and develop the commercial strategy across Singapore and Malaysia markets.
  • Set and achieve Net Sales and Gross Margin targets for all lines of business.
  • Determine & manage all sales budgets for Wholesale Channel across Singapore and Malaysia.
  • Develop strategic alliances and joint business plans with key accounts to drive band share within their businesses.
  • Ensure rolling business plans are built for Key Accounts.
  • Work with Country Management and wholesale teams to ensure sales plans are built for all channels with product segmentation relevant to target consumers.
  • Collaborate with Merchandising team to ensure all channels are optimized with distribution and segmentation plans.
  • Provide input and market knowledge in product assortment and pricing structure for the markets.
  • Ensure relationship development is a focus for all teams and customers.
  • Be involved in the Marketing Plans for Key Accounts.
  • Ensure disciplined account & distribution strategy is in place.
  • Conduct monthly review meetings with all major stakeholders and ensure strategic plans are kept current.
  • Conduct quarterly business review meetings with Key Accounts and Management team.
  • Ensure the commercial team are fully trained and accountable to New Balance values and sales team expectations.
  • Ensure pre-line meetings take place with key accounts.
  • Organize & facilitate two major sales conferences per year.
  • Manage Wholesale sales expenditure to budget.
  • Contribute as a member of the SEA Senior Management Team.

2. Reporting

  • Report on total wholesale sales across Singapore and Malaysia, from sales, marketing, strategic planning, and operations to the Regional General Manager.
  • Complete monthly sales & bookings reports. With a focus on Forward bookings.
  • Complete monthly forecasting and budgeting reports.
  • Ensure key account quarterly sales reports are completed.
  • Manage the Appraisal & Objectives process for all direct reports.
  • Manage wholesale sales in line with budgets.

3. Forecasting& Inventory Management

  • Work with the Demand Planner & Merchandise Team to maintain SKU forecasts of commercial sales.
  • Work with the Demand Planner & Merchandise Team to prepare a company SKU forecast for the budget and quarterly forecasts within the timeframes set by finance.
  • Analyze the month end analysis of actual to forecast sales to identify sales opportunities.
  • Work with the Management Team to manage inventory to budgeted stock turns and sales demand.
  • Utilize rolling monthly forecasts to approve recommended monthly inventory purchases.
  • Work closely with the retail team to ensure the inventory flow and inventory levels are optimized across the business.
  • Ensure each channel of distribution has the correct amount and profile of inventory to achieve the company goals.

4. Staff Management

  • Management Commercial Team
  • Wholesale Teams
  • Ensure Weekly & Monthly reports aredelivered to Regional Manager.
  • Set programs & Budgets for team to achieve sales and profit targets.
  • Ensure compliance with NB core values and principles.
  • Proactively coach direct reports to createsustainable performance enhancement.
  • Deliver departmental role clarity & clear objectives. Reporting Monthly.
  • Identify developmental requirements and ensure staff attend relevant courses.
  • Manage the KPI reporting & appraisal process.

5. Trading Terms

  • Ensure trading terms with accounts are up to date and reflect partnership agreements and growth plans.
  • Work with Marketing to ensure a trading terms spreadsheet is set up and monitored each quarter.
  • Manage co-op funds for key/major accounts to budget and ensure they are commercially beneficial for New Balance.
  • Ensure wholesale sales discount funds are managed to budget and markdown policy is managed responsibly.


Individual Attributes:

  • Strategic leader with minimum 10-years experience in related field with leadership experience.
  • Proven track record of Managerial competency within the industry.
  • Strong knowledge and understanding of the Singapore and Malaysia market landscape and key partners.
  • Proven foundation in business planning and leadership.
  • Strong and proven negotiation skills.
  • Strong coaching skills.
  • Proven entrepreneurial and commercial skills.
  • Determined self-starter.
  • Persuasive sales skills.
  • Strong customer focus.
  • Sporting goods industry experience preferred.
  • Excellent interpersonal skills.
  • Experience in managing teams.

More Info

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Job ID: 147084033

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