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Business Development Executive
$80k-103k (estimate)
Full Time | Wholesale 2 Months Ago
Save

MSC Industrial Supply Co. is Hiring a Business Development Executive Near Louisville, KY

Build a better career with MSC.
Serving customer and community starts with the very best people doing their very best work. That is precisely what we have at MSC Industrial Supply Co., a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services.

Requisition ID :15511

Employment Type : Full Time

Job Category : Business Development

Work Location : Louisville, KY

State or Province : Kentucky (US-KY)

Potential Work Location :

Uncapped Earning Potential Six Figures Plus in addition to company car, mobile device and laptop.
We seek exceptionally driven, experienced sales professionals to advance MSC’s market position and financial growth with medium- and large-size manufacturing customers while achieving individual growth target goals.
In this hunter role, you will tap your exceptional skills in prospecting, problem solving and negotiation to proactively uncover customers’ unidentified needs and propose how MSC products and services can help enhance their company performance. You will call on C-Suite leadership, managers and directors by following a prescriptive sales methodology and strategically develop a pipeline of future business.
HOW YOU’LL CONTRIBUTE
MSC arms you with the tools and resources to be successful and go after new business.

  • Identify, research, qualify, pursue, sign and transition targeted medium- and large-size manufacturing accounts.
  • Develop value-based proposals and other content to communicate value, strengthen prospect-relationship and senior-level networks with customers.
  • Apply your extensive financial, market, and MSC-solution knowledge to sell complex accounts.
  • Maintain a robust funnel capable of delivering incremental revenue at or above annual goals, including highly accurate and complete funnel analytics demonstrating a strategic ownership of business.
  • Accurately manage all current pipeline content via SFDC and other platforms for communicating business resource needs to the organization.
  • Propose and secure new agreements by contacting the appropriate management and decision makers within the prospect organization and leveraging insight-selling concepts, tools and value-proposition content.
  • Respond to Requests for Information and Proposal, negotiating pricing and terms of new account agreements to maximize revenue and profit and minimize risk.
  • Prepare financial models forecasting account performance over life of agreement, and communicate financial performance expectations across leadership teams.
  • Develop and communicate newly signed agreements to support implementation and ensure rapid, complete penetration and revenue growth of those agreements.
  • Work with field and customer support leadership to meet customer needs, drive compliance to forecasted sales thresholds, and clearly communicate and document customer service level expectations, addressing shortfalls as needed.
  • Demonstrate a can-do attitude toward initiatives and programs that meet customer needs.

WHAT IT TAKES
The results-driven entrepreneurial leader and dynamic communicator we seek should have these qualifications.

  • At least 2 years in medium and large account sales and marketing, including at least 2 years of experience in industrial/manufacturing/distributing sales
  • Demonstrated superior sales, negotiation, prospecting, relationship-building and closing skills and techniques, with a track record of meeting and exceeding agreed-upon sales plans
  • Persuasive presentation abilities and a strong talent for writing clear proposals and reports
  • Analytical aptitude, with the ability to make quick, calculated decisions and recommendations
  • Superior business and financial acumen, including advanced business analytics, developing customer P&Ls and plans, and understanding of customer financial statements
  • Strategic planning and financial modeling
  • Ability to work effectively as a member of a cross-functional team and communicate professionally with a variety of audiences, from the shop floor to senior management level
  • Attention to detail and project management skills
  • Personal drive and motivated by high goals, ability to overcome obstacles, strong sense of accountability, action orientation, flexibility and situational adaptability
  • Capacity to manage conflict
  • Proficiency in Microsoft Office Suite and experience with Salesforce.com
  • Knowledge of online transactional sales and business, benefits and features
  • Bachelor’s degree in business or equivalent experience
  • Ability to travel regionally
  • Experience with value-based sales methodologies preferred
  • Supply Chain knowledge, including Operations, Procurement, Lean/Process Improvement preferred
Compensation starting at $97083 - $152559 depending on experience.
The salary range represented is based on similar roles in comparable industries, and the cost of labor in respective cities. Actual compensation is based on the candidate’s relevant experience, education requirements and peer pay equity. The Company reserves the right to modify the range as market conditions change.

Why MSC? People. Collaboration. Insight. That’s how you build something that works. Built on a foundation of trust, MSC works side by side with our customers to help them drive business results. With more than one million product offerings and 75 years of experience across industries, MSC strives to help our customers achieve greater productivity, profitability, and growth through inventory management and other innovative supply chain solutions. We care about our associates and have programs in place to help our 6,500 team members achieve their potential.

When you join our team, you will receive rewards and recognition for your contributions, training and professional development opportunities, Associate Inclusion Circles: Women, Pride, Black, Veterans, HOLA and DisABLEd as well as a variety of benefits to support you and your family's health, well-being, and financial future. If you are inspired to learn, take risks, and succeed as a team, you can build a better career at MSC.

Equal Opportunity Statement: At MSC, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all qualified applicants and our associates without regard to race, color, religion, age, sex, national origin, disability, protected veteran status, sexual orientation, gender identity/expression or any category protected by applicable law. By applying to this job you agree to the Application and Acknowledgment Declaration terms.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$80k-103k (estimate)

POST DATE

03/24/2024

EXPIRATION DATE

05/23/2024

WEBSITE

mscdirect.com

HEADQUARTERS

MELROSE, TN

SIZE

3,000 - 7,500

FOUNDED

1941

CEO

JAMES CRIGGER

REVENUE

$3B - $5B

INDUSTRY

Wholesale

Show more

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The following is the career advancement route for Business Development Executive positions, which can be used as a reference in future career path planning. As a Business Development Executive, it can be promoted into senior positions as a Business Development Associate IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Executive. You can explore the career advancement for a Business Development Executive below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Executive, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Executive for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Executive job description and responsibilities

A business development executive plans for promotion campaigns and the supply of quality products.

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A business development executive works closely with sales teams and regional sales managers to keep track of the total sales generated.

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Business development executives are also responsible for evaluating the risks and benefits of potential business partnerships.

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The business development executive conducts research regarding leads and business targets.

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The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Executive jobs

Consider earning an advanced degree (MBA or master's).

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Use business development skills as a focus for professional development.

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Use the right business development methods.

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Step 3: View the best colleges and universities for Business Development Executive.

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