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Key Account Management ,[object Object],slides by r c bhardwaj
Key Account Definitions & their Limitations slides by r c bhardwaj
The Big Ones ,[object Object],[object Object],slides by r c bhardwaj
The ones you must not lose ,[object Object],slides by r c bhardwaj
The ones your staff focus on ,[object Object],slides by r c bhardwaj
The ones where extra effort brings extra income ,[object Object],slides by r c bhardwaj
The ones demanding more ,[object Object],slides by r c bhardwaj
The ones that will take the business where u want to go ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Business Strategies or  Sales Strategies slides by r c bhardwaj
BUSINESS STRATEGIES ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Business Objectives ,[object Object],[object Object],slides by r c bhardwaj
Market opportunity ,[object Object],[object Object],slides by r c bhardwaj
Business resources ,[object Object],slides by r c bhardwaj
So balance ,[object Object],[object Object],slides by r c bhardwaj
KAM ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Assessing the opportunity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Michael E Porter’s Model of 5 determinants of industry profits ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Threat of new entrants ,[object Object],slides by r c bhardwaj
Threat of Substitute products or services ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Bargaining power of customer ,[object Object],[object Object],slides by r c bhardwaj
The bargaining power of supplier ,[object Object],[object Object],slides by r c bhardwaj
Sales Strategies based on market position slides by r c bhardwaj
Established position ,[object Object],slides by r c bhardwaj
Potential entrant into a growth market ,[object Object],[object Object],slides by r c bhardwaj
KAM is a means to gaining competitive advantage slides by r c bhardwaj
Time ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Customers Snap..! ,[object Object],slides by r c bhardwaj
The greatest value and so the greatest impulse for change is usually to be found closest to the end-user slides by r c bhardwaj
Long term competitive advantage..? KAM is a means to Key Supplier Status slides by r c bhardwaj
Sanity Check Summary..! slides by r c bhardwaj
Retention in a competitive market slides by r c bhardwaj Market opportunity Resources Can barriers be built..? Do u have competitor advantage  ..? Is it the right team..? Can u secure key supplier status..? Is it deployed correctly.? With which customers..?
Entry in a growth environment slides by r c bhardwaj Can u break thru barriers.? Is the team sufficient..? Do u have competitive advantage..? Is it deployed correctly..? With which customers..?
Manage global accounts slides by r c bhardwaj Do they exists..? Are you globally oriented..? Do they want a global service..? Can you globally operate..? Do they operate that way..?
Uniform approach from a multi business company slides by r c bhardwaj Do customers want it..? Can you focus different business..? Which ones..?
Create a customer focused business, driven by key accounts slides by r c bhardwaj Are customer needs clear..? Can the business cope..? Are they sufficiently long term..? Are support functions responsive..? Can they be segmented..?
So what will KAM will feel like..? ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Developing the relationship slides by r c bhardwaj
Key account relationship high Low Strategic intent of seller *  Pre KAM *  Early KAM *  Mid KAM *  Partnership KAM *  Synergetic KAM Low High Strategic Intent of Buyer Key account relationship development model..Millman and Wilson’94 slides by r c bhardwaj
Pre KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
Pre KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
Possible Characteristics of Pre KAM Stage ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],slides by r c bhardwaj
Early KAM Stage Marketing Administration Operations Board Marketing Administration Operations Board Selling Co Buying Co Key Account Manager Main Contact Buyer slides by r c bhardwaj
Early KAM Stage ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Mid KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager and Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
Mid KAM Stage ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Partnership KAM Stage R&D R&D Administration Administratio9n Operations Operations Outbound logistics Outbound logistics Board Board Key Account manager Main contact  Buyer Selling CO Buying Co slides by r c bhardwaj
Partnership KAM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],slides by r c bhardwaj
Synergistic KAM Stage KAMgr Main contact buyer Selling Co Buying Co slides by r c bhardwaj
Synergistic KAM Stage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
frustration ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
KAM Profitability ,[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Customer’s Life time value ,[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Purchasing Professionals slides by r c bhardwaj
Need to understand..! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
In the Past ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
In the future..? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Supplier Positioning Models ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Supplier Positioning Models ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
RISK/SIGNIFICANCE/SPEND MODEL LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security Strategic Partner Tactical Made Easy Tactical Profit
DEFINING THE AXES ,[object Object],[object Object],slides by r c bhardwaj
Why these labels..? ,[object Object],slides by r c bhardwaj
SUPPLIER POSITIONING..AN EXAMPLE FOR US LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security TV LICENCE Strategic Partner Life insurance Tactical Made Easy Baked Beans Tactical Profit 2 nd  Hand Car
[object Object],[object Object],slides by r c bhardwaj
SHIFT OF TIME AND EFFORT LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security Strategic Partner Tactical Made Easy Tactical Profit
slides by r c bhardwaj
Strategic Partner ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Tactical Made easy ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
So who is the key supplier? ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Measuring Value ,[object Object],slides by r c bhardwaj
Summarizing Value ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Risk/significance/value model LOW HIGH LOW HIGH Total value E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Managed Supplier Partnered Supplier Arm’s Length supplier Welcome supplier
Managed Supplier ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Partnered Supplier ,[object Object],[object Object],slides by r c bhardwaj
Welcome supplier ,[object Object],slides by r c bhardwaj
Arm’s length ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Measuring trust ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Risk/significance/trust model ,[object Object],slides by r c bhardwaj
Risk/significance/trust model LOW HIGH LOW HIGH Trust/Confidence E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Problem supplier Promiscuous Partnered Supplier marriage Non-supplier Frigid Occasional supplier Flirting
Supply base optimization ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Reducing suppliers ,[object Object],[object Object],slides by r c bhardwaj
Questions…! ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Becoming A Strategic Supplier slides by r c bhardwaj
Business Strategic Questions slides by r c bhardwaj Questions Issues Model What to sell and  Where? Products, markets and risks the Ansoff Model Why will people buy? Competitive Advantage Michael Porter’s Competitive model What makes your business hum? Leading business system or driver Treacy and Weirsema’s Value drivers
The Ansoff Model EXISTS NEW NEW EXISTS PRODUCTS M A R K E T S slides by r c bhardwaj Market Penetration New Product Development Market extension Diversification
ANSOFF MODEL slides by r c bhardwaj SELL MORE OF THE EXISTING PRODUCTS INTO EXISTING MARKETS MARKET PENETRATION Sell existing products into new markets MARKET EXTENSION Sell new products into existing markets NEW PRODUCT DEVELOPMENT SELL NEW PRODUCTS INTO NEW MARKETS DIVERSIFICATION
Market Penetration ,[object Object],[object Object],slides by r c bhardwaj
Risks reduction in Penetration ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Market Extension ,[object Object],[object Object],slides by r c bhardwaj
New Product Development ,[object Object],[object Object],slides by r c bhardwaj
Diversification ,[object Object],[object Object],slides by r c bhardwaj
Porter’s Model ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Trick..!!!! ,[object Object],[object Object],slides by r c bhardwaj
Differentiation ,[object Object],[object Object],slides by r c bhardwaj
Treacy-Weirsema’s value drivers slides by r c bhardwaj OPERATIONAL EFFICIENCY Federal Exp, McDonald,Dell,Wal-Mart PRODUCT LEADERSHIP Microsoft, 3M, Merck, Intel, Nike CUSTOMER INTIMACY Kraft, Airborne Express
Operational Efficiency ,[object Object],[object Object],slides by r c bhardwaj
Product Leadership ,[object Object],[object Object],slides by r c bhardwaj
Customer Intimacy ,[object Object],[object Object],slides by r c bhardwaj
Practical Applications of T-W slides by r c bhardwaj Value Driver Purchasing Focus Ideal Supplier Operational excellence Logistics,inventory,e-commerce Excellent systems Product leadership Supplier partner ships, lead times Leading R&D, innovate Customer intimacy Supplier relationship working in chain Flexible,responsive,expert
Preparing for KAM  slides by r c bhardwaj
Skills slides by r c bhardwaj strategic planning Business and marketing planning Financial understanding Team dynamics and team leadership requirements Team time management Managing innovations and creativity Communication network Strategic influencing Project management Analytical,monitoring and reporting skills Managing diversity and ambiguity Ability to help customers develop their own markets
Systems & Processes slides by r c bhardwaj Information systems : KA profitability, plans and data Operation systems : Forecasting,logistics,supply chain management, e-commerce Performance measurement Systems Communications Systems : Email, internal//external, knowledge management
Core of Knowledge Management Knowledge Management  Culture Disciplines Skills Systems slides by r c bhardwaj
Knowledge Management Responsibilities of the KAM Team insight use share Capture idea Make Available Enhance  performance Review Target Edit slides by r c bhardwaj
Key Ingredients for Success ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Organization and Resources slides by r c bhardwaj
Make yr organization FLAT slides by r c bhardwaj
Make it happen..!!!! slides by r c bhardwaj
change ,[object Object],[object Object],slides by r c bhardwaj
Critical Success Factors ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Identifying Key Accounts slides by r c bhardwaj
Segmentation ,[object Object],[object Object],slides by r c bhardwaj
Benefits of Segmentation ,[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Methods of Segmentation ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Bases for segmentation..an eg. slides by r c bhardwaj Base Builders Consumers Size of purchase Large volumes, large pack size Small volume,small pack size Frequency of purchase Weekly Annually Tech.Specification High Low Price elasticity Price sensitive Price insensitive Major influence on purchase Builders merchant staff Advertising and brand
Marketing Plan SP SP SP KAP KAP KAP KAP Business Plan Hierachy Segment Plan Key Account Plan slides by r c bhardwaj
Identification & Selection Matrix LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMERATTRACTIVENESS slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
Key Account ,[object Object],[object Object],slides by r c bhardwaj
Key Development Account ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Maintenance Account ,[object Object],[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
Opportunistic Account ,[object Object],[object Object],[object Object],[object Object],slides by r c bhardwaj
INVESTMENT OF MONEY & EFFORT LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMER ATTRACTIVENESS slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
INVESTMENT PORTFOLIO ,[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],slides by r c bhardwaj
Customer attractiveness factors slides by r c bhardwaj SIZE:  VVOLUME,VALUE, PROFIT,OPPORTUNITY GROWTH POTENTIAL :VOLUME,VALUE,PROFIT,OPPORTUNITY FINANCIAL STABILITY:WILL THEY BE THERE IN FUTURE EASE OF ACCESS : GEOGRAPHY,OPENNESS CLOSENESS OF EXISTING RELATIONSHIP STRATEGIC FIT :WILL THEY TAKE U WHERE U WANT TO BE? ARE THEY EARLY ADOPTERS  – DO THEY PICK UP NEW IDEAS EASILY? DO THEY VALUE YR OFFER ?IS IT REKLEVANT TO THEIR NEEDS? LEVEL OF COMPETITION  : LOW BEING ATTRACTIVE THEIR MARKET STANDING
Relative strength factors..from customer point of view! slides by r c bhardwaj PRICE SERVICE QUALITY SPEED OF RESPONSE RELATIONSHIPS & ATTITUDE TECHNICAL INNOVATION INVESTMENT IN THE INDUSTRY VALUE IN USE: SUPPLY CHAIN, ETC ATTITUDE TO EXCLUSIVITY ARRANGEMENTS LONG TERM SUSTAINABILITY TRUST AND CONFIDENCE
Customer Attractive Factors: CAF’s Average score : Total of all scores divided by no. of customers rated..contd. slides by r c bhardwaj customers Attractiveness Factor 1. 2. total
Remarks: ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Relative Strength vs Competition suppliers you Complete 1 table for each customer slides by r c bhardwaj Customer: Critical success Factor 1. 2. total
Identification & Selection Matrix LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMERATTRACTIVENESS Contd… slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
THE LAST TABLE ,[object Object],[object Object],[object Object],slides by r c bhardwaj
[object Object],[object Object],slides by r c bhardwaj
[object Object],slides by r c bhardwaj
Customers decision making process ! ,[object Object],[object Object],slides by r c bhardwaj
Sales/buying process slides by r c bhardwaj Business needs Personal Needs Organizational decision-making A Need exists What are they? Understand style and values Who has the needs? Who decides? Options are considered Presenting benefits Matching style and values Influencing DMU’s Concerns are resolved Negotiation Rapport Giving DMU a means to decide
The Consensus DMU ,[object Object],[object Object],slides by r c bhardwaj
The Consultative DMU ,[object Object],slides by r c bhardwaj
Influencing thru acceptance slides by r c bhardwaj
Adopter’s curve:influencing thru acceptance slides by r c bhardwaj innovators 2.5 % Early adopters 13.5 % Early majority 34 % Late majority 34 % laggards 16 %
Innovators & Early Adopters ,[object Object],[object Object],[object Object],slides by r c bhardwaj
Late majority and laggards ,[object Object],[object Object],[object Object],slides by r c bhardwaj
The early majority ,[object Object],[object Object],slides by r c bhardwaj
Levels of seniority ,[object Object],[object Object],[object Object],slides by r c bhardwaj

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Key account management peter cheverton

  • 1.
  • 2. Key Account Definitions & their Limitations slides by r c bhardwaj
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  • 9. Business Strategies or Sales Strategies slides by r c bhardwaj
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  • 22. Sales Strategies based on market position slides by r c bhardwaj
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  • 25. KAM is a means to gaining competitive advantage slides by r c bhardwaj
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  • 28. The greatest value and so the greatest impulse for change is usually to be found closest to the end-user slides by r c bhardwaj
  • 29. Long term competitive advantage..? KAM is a means to Key Supplier Status slides by r c bhardwaj
  • 30. Sanity Check Summary..! slides by r c bhardwaj
  • 31. Retention in a competitive market slides by r c bhardwaj Market opportunity Resources Can barriers be built..? Do u have competitor advantage ..? Is it the right team..? Can u secure key supplier status..? Is it deployed correctly.? With which customers..?
  • 32. Entry in a growth environment slides by r c bhardwaj Can u break thru barriers.? Is the team sufficient..? Do u have competitive advantage..? Is it deployed correctly..? With which customers..?
  • 33. Manage global accounts slides by r c bhardwaj Do they exists..? Are you globally oriented..? Do they want a global service..? Can you globally operate..? Do they operate that way..?
  • 34. Uniform approach from a multi business company slides by r c bhardwaj Do customers want it..? Can you focus different business..? Which ones..?
  • 35. Create a customer focused business, driven by key accounts slides by r c bhardwaj Are customer needs clear..? Can the business cope..? Are they sufficiently long term..? Are support functions responsive..? Can they be segmented..?
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  • 39. Developing the relationship slides by r c bhardwaj
  • 40. Key account relationship high Low Strategic intent of seller * Pre KAM * Early KAM * Mid KAM * Partnership KAM * Synergetic KAM Low High Strategic Intent of Buyer Key account relationship development model..Millman and Wilson’94 slides by r c bhardwaj
  • 41. Pre KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
  • 42. Pre KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
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  • 45. Early KAM Stage Marketing Administration Operations Board Marketing Administration Operations Board Selling Co Buying Co Key Account Manager Main Contact Buyer slides by r c bhardwaj
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  • 48. Mid KAM Stage Selling Company Buying Co Pre KAM Stage..McDonald, Millman and Rogers, 1996 slides by r c bhardwaj Directors Directors Managers Key account Manager and Main contact ‘Buyer’ Managers Specialists Specialists Clerks Clerks Operators Operators
  • 49.
  • 50. Partnership KAM Stage R&D R&D Administration Administratio9n Operations Operations Outbound logistics Outbound logistics Board Board Key Account manager Main contact Buyer Selling CO Buying Co slides by r c bhardwaj
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  • 54. Synergistic KAM Stage KAMgr Main contact buyer Selling Co Buying Co slides by r c bhardwaj
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  • 68. RISK/SIGNIFICANCE/SPEND MODEL LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security Strategic Partner Tactical Made Easy Tactical Profit
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  • 71. SUPPLIER POSITIONING..AN EXAMPLE FOR US LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security TV LICENCE Strategic Partner Life insurance Tactical Made Easy Baked Beans Tactical Profit 2 nd Hand Car
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  • 73. SHIFT OF TIME AND EFFORT LOW HIGH LOW HIGH RELATIVE SPEND E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Strategic Security Strategic Partner Tactical Made Easy Tactical Profit
  • 74. slides by r c bhardwaj
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  • 80. Risk/significance/value model LOW HIGH LOW HIGH Total value E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Managed Supplier Partnered Supplier Arm’s Length supplier Welcome supplier
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  • 87. Risk/significance/trust model LOW HIGH LOW HIGH Trust/Confidence E C N A C I F F I N G I S / K S I R slides by r c bhardwaj Problem supplier Promiscuous Partnered Supplier marriage Non-supplier Frigid Occasional supplier Flirting
  • 88.
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  • 92. Becoming A Strategic Supplier slides by r c bhardwaj
  • 93. Business Strategic Questions slides by r c bhardwaj Questions Issues Model What to sell and Where? Products, markets and risks the Ansoff Model Why will people buy? Competitive Advantage Michael Porter’s Competitive model What makes your business hum? Leading business system or driver Treacy and Weirsema’s Value drivers
  • 94. The Ansoff Model EXISTS NEW NEW EXISTS PRODUCTS M A R K E T S slides by r c bhardwaj Market Penetration New Product Development Market extension Diversification
  • 95. ANSOFF MODEL slides by r c bhardwaj SELL MORE OF THE EXISTING PRODUCTS INTO EXISTING MARKETS MARKET PENETRATION Sell existing products into new markets MARKET EXTENSION Sell new products into existing markets NEW PRODUCT DEVELOPMENT SELL NEW PRODUCTS INTO NEW MARKETS DIVERSIFICATION
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  • 104. Treacy-Weirsema’s value drivers slides by r c bhardwaj OPERATIONAL EFFICIENCY Federal Exp, McDonald,Dell,Wal-Mart PRODUCT LEADERSHIP Microsoft, 3M, Merck, Intel, Nike CUSTOMER INTIMACY Kraft, Airborne Express
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  • 108. Practical Applications of T-W slides by r c bhardwaj Value Driver Purchasing Focus Ideal Supplier Operational excellence Logistics,inventory,e-commerce Excellent systems Product leadership Supplier partner ships, lead times Leading R&D, innovate Customer intimacy Supplier relationship working in chain Flexible,responsive,expert
  • 109. Preparing for KAM slides by r c bhardwaj
  • 110. Skills slides by r c bhardwaj strategic planning Business and marketing planning Financial understanding Team dynamics and team leadership requirements Team time management Managing innovations and creativity Communication network Strategic influencing Project management Analytical,monitoring and reporting skills Managing diversity and ambiguity Ability to help customers develop their own markets
  • 111. Systems & Processes slides by r c bhardwaj Information systems : KA profitability, plans and data Operation systems : Forecasting,logistics,supply chain management, e-commerce Performance measurement Systems Communications Systems : Email, internal//external, knowledge management
  • 112. Core of Knowledge Management Knowledge Management Culture Disciplines Skills Systems slides by r c bhardwaj
  • 113. Knowledge Management Responsibilities of the KAM Team insight use share Capture idea Make Available Enhance performance Review Target Edit slides by r c bhardwaj
  • 114.
  • 115. Organization and Resources slides by r c bhardwaj
  • 116. Make yr organization FLAT slides by r c bhardwaj
  • 117. Make it happen..!!!! slides by r c bhardwaj
  • 118.
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  • 121. Identifying Key Accounts slides by r c bhardwaj
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  • 126. Bases for segmentation..an eg. slides by r c bhardwaj Base Builders Consumers Size of purchase Large volumes, large pack size Small volume,small pack size Frequency of purchase Weekly Annually Tech.Specification High Low Price elasticity Price sensitive Price insensitive Major influence on purchase Builders merchant staff Advertising and brand
  • 127. Marketing Plan SP SP SP KAP KAP KAP KAP Business Plan Hierachy Segment Plan Key Account Plan slides by r c bhardwaj
  • 128. Identification & Selection Matrix LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMERATTRACTIVENESS slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
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  • 133. INVESTMENT OF MONEY & EFFORT LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMER ATTRACTIVENESS slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
  • 134.
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  • 136. Customer attractiveness factors slides by r c bhardwaj SIZE: VVOLUME,VALUE, PROFIT,OPPORTUNITY GROWTH POTENTIAL :VOLUME,VALUE,PROFIT,OPPORTUNITY FINANCIAL STABILITY:WILL THEY BE THERE IN FUTURE EASE OF ACCESS : GEOGRAPHY,OPENNESS CLOSENESS OF EXISTING RELATIONSHIP STRATEGIC FIT :WILL THEY TAKE U WHERE U WANT TO BE? ARE THEY EARLY ADOPTERS – DO THEY PICK UP NEW IDEAS EASILY? DO THEY VALUE YR OFFER ?IS IT REKLEVANT TO THEIR NEEDS? LEVEL OF COMPETITION : LOW BEING ATTRACTIVE THEIR MARKET STANDING
  • 137. Relative strength factors..from customer point of view! slides by r c bhardwaj PRICE SERVICE QUALITY SPEED OF RESPONSE RELATIONSHIPS & ATTITUDE TECHNICAL INNOVATION INVESTMENT IN THE INDUSTRY VALUE IN USE: SUPPLY CHAIN, ETC ATTITUDE TO EXCLUSIVITY ARRANGEMENTS LONG TERM SUSTAINABILITY TRUST AND CONFIDENCE
  • 138. Customer Attractive Factors: CAF’s Average score : Total of all scores divided by no. of customers rated..contd. slides by r c bhardwaj customers Attractiveness Factor 1. 2. total
  • 139.
  • 140. Relative Strength vs Competition suppliers you Complete 1 table for each customer slides by r c bhardwaj Customer: Critical success Factor 1. 2. total
  • 141. Identification & Selection Matrix LOW HIGH LOW HIGH RELATIVE STRENGTH CUSTOMERATTRACTIVENESS Contd… slides by r c bhardwaj Key Development Account Key Account Opportunistic Account Maintenance Account
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  • 146. Sales/buying process slides by r c bhardwaj Business needs Personal Needs Organizational decision-making A Need exists What are they? Understand style and values Who has the needs? Who decides? Options are considered Presenting benefits Matching style and values Influencing DMU’s Concerns are resolved Negotiation Rapport Giving DMU a means to decide
  • 147.
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  • 149. Influencing thru acceptance slides by r c bhardwaj
  • 150. Adopter’s curve:influencing thru acceptance slides by r c bhardwaj innovators 2.5 % Early adopters 13.5 % Early majority 34 % Late majority 34 % laggards 16 %
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