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Arrow Electronics

Distributes electronic parts and business IT

Key Account Executive

Account ManagementConfirmed live in the last 24 hours
Full-time$166.7k - $201.7k /yr

About the Job

Requirements

  • Typically requires a minimum of 12 years of related experience with a four-year degree, or 8 years of related experience with an advanced degree, or equivalent related experience.
  • Is recognized as an expert in own area within the organization.
  • Requires specialized depth and/or breadth of expertise.
  • Interprets internal or external business issues and recommends solutions or best practices.
  • Solves complex problems and takes a broad perspective to identify solutions.
  • Works independently, with guidance in only the most complex situations.
  • Progression to this level is typically restricted on the basis of business requirement.
  • Identifies applications of functional knowledge and existing methodologies to complex problems.
  • Serves as an expert within own function.
  • Must be able to travel to an Arrow office location as requested by Arrow leadership.

Responsibilities

  • Creates selling opportunities within specified strategic customer accounts by creating strategic relationships with top management; is responsible for achieving sales quota and assigned strategic account objectives.
  • Creates selling opportunities within assigned critical, large, multi-location, complex, and high-visibility Arrow customers through a strategic sales plan and process.
  • Understands customer needs and decision-making hierarchy to proactively assess, clarify, and validate customer needs on an ongoing basis.
  • Leads a strategic account planning process that develops mutual performance objectives, financial targets, and critical milestones.
  • Executes solutions selling through advanced knowledge of Arrow’s supply chain solutions and design processes.
  • Grows profit and maximizes margins by selling value-added, long-term solutions.
  • Coordinates the involvement of Arrow personnel, including sales support, service, and management resources, to meet account objectives and customer expectations; typically manages a territory of accounts up to $125 million.
  • Plans, manages, and oversees all RFQs signed off within assigned customers; ensures RFQ activities and strategies are established, communicated, addressed, and agreed upon within Arrow guidelines, policies, and procedures.
  • Directly participates in the review and negotiation of significant contracts and assists in reviewing customer requests to ensure contract-term amendments are carried out.
  • Ensures Arrow and customer departments have the information needed for a seamless contract renewal and negotiation process.
  • Maintains an in-depth understanding of Arrow’s and top competitors’ market share in assigned accounts, identifies the type of business each competitor supports and why, and maintains a dominant market-share position at each account.
  • Takes an innovative and creative approach to supplier and customer action plans and applies expert understanding of the customer’s business across organizational levels and disciplines.
  • Develops and builds influential strategic relationships at manager decision-making level, with the goal of building relationships at senior-management and C-level or executive level.
  • Utilizes distribution, representative, and supplier knowledge to grow sales and profits within assigned customers.
  • Interfaces with suppliers to update them on demand-creation progress through meetings or reviews.
  • Builds relationships with suppliers’ representatives and managers to obtain future product-development and supply-chain-solution information.
  • Develops relationships with key personnel in marketing, product development, manufacturing, purchasing, and engineering at accounts.
  • Utilizes Arrow’s key management with key customers and suppliers.
  • Leads functional teams or projects and serves as a best-practice and quality resource.

About the Company

Arrow Electronics

Distributes electronic parts and business IT

Arrow Electronics distributes electronic components and enterprise computing products, linking technology makers with the manufacturers, resellers and service providers that build and sell finished systems. Its larger business buys semiconductors, connectors, passive parts and other components from chipmakers and supplies them to factories, along with inventory and supply chain services. Its enterprise computing arm sells data center hardware, software, security and cloud services to IT resellers and managed service providers. Arrow earns money mainly on the gap between what it pays suppliers and what customers pay, plus fees for logistics and other services. Arrow was founded in 1935 in New York and is based in Centennial, Colorado.

Company size
10,001+
Company stage
IPO
Headquarters
Centennial, CO
Founded
1935

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