Dr. Reddy's Laboratories—Regional Sales Manager

Job description

Description: Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait. We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries. For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets). ‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization. Job Summary The role focuses on building strong customer relationships, attending industry events, and developing mutually beneficial marketing partnerships. It involves managing accounts by understanding customer hierarchies and driving global business development to enhance wallet share. Responsibilities include preparing budgets, analysing customer-product mixes, tracking market dynamics, and providing competitive pricing strategies. The role also requires positioning new products, identifying growth opportunities, and managing customer engagement through insights and market research. Emphasis is placed on aligning organizational goals with customer interests, maintaining a healthy order book, and expanding business within the assigned region.. Roles & Responsibilities • You will be responsible for building strong customer relationships and attending conferences or networking events like CPHI to establish industry connections. • You will be responsible for managing accounts by analysing management hierarchy, buying groups, and decision-maker classifications. • You will be responsible for driving global business development activities and exploring opportunities to enhance wallet share. • You will be responsible for aligning organizational objectives with customer interests and identifying areas for improvement or opportunities within accounts. • You will be responsible for preparing the annual budget for the assigned region and understanding customer-product mix to anticipate seasonal requirements. • You will be responsible for maintaining a healthy order book while monitoring market dynamics to protect and grow the base business. • You will be responsible for tracking market trends, competitor pricing, and product placement to gain competitive insights. • You will be responsible for working on costing, proposing competitive pricing bands, strategizing product pricing, and monitoring credit risk. • You will be responsible for engaging customers and performing secondary research to expand business and increase the product basket. • You will be responsible for positioning new products, assessing opportunities, understanding technical and regulatory aspects, and pitching strategies for customer engagement. Educational qualification: Graduation in any discipline. Science/ pharmacy/MBA preferred Minimum work experience: • 5+ years of sales experiencepreferably in Pharma Skills & attributes & Critical Exposures Functional Skills • Pharmaceutical Portfolio Management • Account Management • Bid Management • Pricing Strategies • Contract Management • Selling Techniques • Order Fulfilment Resident Skills • Business networking • Opportunity Analysis • Market intelligence • Data analysis • Business Acumen Behavioural skills • Leadership • Analytical Thinking • Collaboration • Problem-Solving Critical Exposures • Managed revenue size of USD 10 million or its geographical equivalent business in API/Formulations • Exposure to B2B tendering /institutional business/ SCM / finance/portfolio/business strategy/Business Development is preferred Benefits Offered At Dr. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs. The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself. Our Work Culture Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic. For more details, please visit our career website at https://careers.drreddys.com/#!/