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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$138.9k - $190.2k /yrHybrid

About the Job

Requirements

  • At least 3 years of related experience, including building influential customer relationships and creating selling opportunities within specified strategic customer accounts.
  • Proficiency with data, Salesforce (SFDC), Excel, and PowerPoint is required.
  • Must be able to travel up to 30%.

Responsibilities

  • Create selling opportunities within assigned critical, large, multi-location, complex, and high-visibility customer accounts through a strategic sales plan and process.
  • Understand customers’ needs and decision-making hierarchies to proactively assess, clarify, and validate their needs on an ongoing basis.
  • Lead strategic account planning to develop mutual performance objectives, financial targets, and critical milestones.
  • Execute solution selling using knowledge of Arrow’s supply chain solutions and design processes.
  • Grow profit and maximize margins by selling value-added, long-term solutions.
  • Coordinate Arrow personnel, including sales support, service, and management resources, to meet account objectives and customer expectations; typically manage a territory of accounts up to $125 million.
  • Plan, manage, and oversee RFQs signed off within assigned customers, ensuring activities and strategies are established, communicated, addressed, and agreed upon within Arrow guidelines, policies, and procedures.
  • Participate directly in reviewing and negotiating significant contracts and assist in reviewing customer requests to ensure contract amendments are carried out.
  • Ensure Arrow and customer departments have the information needed for seamless contract renewal and negotiation processes.
  • Understand Arrow’s market share and competitors’ market share in each assigned account, identify the business competitors support and why, and maintain a dominant market-share position.
  • Develop innovative supplier and customer action plans and maintain a comprehensive understanding of customers’ businesses across organizational levels and disciplines.
  • Build influential strategic relationships with manager-level decision makers, with the goal of building relationships at senior-management and C-suite levels.
  • Use distribution, representative, and supplier knowledge to grow sales and profits within assigned customers.
  • Interface with suppliers to update them on demand-creation progress through meetings or reviews.
  • Build relationships with supplier representatives and managers to gain information about future product development and supply-chain solutions.
  • Develop relationships with key personnel in marketing, product development, manufacturing, purchasing, and engineering at customer accounts.
  • Use Arrow’s key management resources with key customers and suppliers.
  • Lead functional teams or projects and serve as a best-practice and quality resource.

Desired Qualifications

  • Experience with Aerospace and Defense customers is strongly preferred.
  • Experience working with distribution in complex major accounts is preferred.
  • P&L experience is preferred.

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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