Business Development Executive
Job Summary
The Business Development Executive will source and evaluate pharmaceutical suppliers, gather market data, and manage price negotiations and product selection. The role requires coordinating agreement discussions, preparing reports, and facilitating trademark applications. Candidates must be a Registered Pharmacist willing to work 100% on-site.
Responsibilities
- Source suppliers and build product portfolios
- Gather IMS data and conduct market surveys
- Manage price negotiations and forecasting
- Discuss agreements and handle supplier queries
- Prepare brand names for trademark applications and update reports
Required Skills
- Registered Pharmacist with active license
- Excellent communication and negotiation skills
- Proficiency in Microsoft Excel
- Ability to work 100% on-site
Job Details
Sourcing of suppliers by browsing the website, listing from pharmaceutical conventions, and existing suppliers from the Philippines for company profile and product portfolio. Sending an introductory email asking for possible collaboration. Gathering IMS data such as IMS sale by value, sales by unit, no. of competitors, growth, product description. Product selection with OM/BDM and shortlisting by wish list. Forecasting and Price Negotiation by asking price through e-mail wherein price is based on market survey data gathered or asking suppliers their proposed price and MOQ/batch size. Discussion of agreement and Addendum. Answering minor queries of suppliers related to regulations and sharing basic requirements. Discussion of additional products, if any. Attending conference calls to discuss concerns and follow up. Prepare brand names and endorse to consultant for initial checking and trademark applications. Prepare and update all reports.
Job Qualification:
A Registered Pharmacist with active license.
Experience in any pharmacy setting is an advantage.
With excellent communication skills.
With a pleasing personality and the ability to negotiate prices and forecast.
Good computer skills and proficiency in Microsoft Excel.
Must be amenable to work 100% on-site.