At a Glance
- Tasks: Provide expert advice on medical device distribution and pricing in the UK.
- Company: Join a dynamic team focused on innovative healthcare solutions.
- Benefits: Short-term engagement with competitive compensation for your expertise.
- Why this job: Make a real impact in the medical device industry with your insights.
- Qualifications: Experience in sales, trade marketing, or commercial leadership roles required.
- Other info: Perfect for professionals seeking flexible, short-term consultancy opportunities.
The predicted salary is between 104 - 156 ÂŁ per hour.
We are seeking a UK-based medical device trade consultant for a short, advisory engagement (1–2 days) delivered in a face-to-face planning meeting. We are assessing the viability of becoming a new UK distributor for a prescription medical device supplied via community pharmacy under FP10 in the UK. The purpose of the engagement is to understand — in practical, commercial terms — the trade structure, pricing and margin expectations, so that a financial model can be built for the potential UK distributor. This is a commercial diligence exercise, not a strategy project.
Please note this is a 2-day role in total, so it could suit someone already working, as long as there is no conflict of interest.
Required Background:- The consultant must come from a commercial background, for example: Sales, commercial leadership, or trade marketing roles; or Head-office roles with direct responsibility for trade contracts, pricing, or wholesaler negotiations.
- They must have first-hand experience and be able to give specific margin expectations throughout the product route, from being dispensed to the patient.
- The consultant must clearly understand and be able to explain:
- Major UK Wholesalers
- Experience with dealing with at least one of the following: AAH, Alliance Healthcare or Phoenix.
- Typical margin expectations for medical devices (not medicines); how these may vary by volume, etc.
- How margins are calculated at each stage of the distribution route (ex-factory price vs trade price vs Drug Tariff price).
- How wholesalers assess whether a line is “worth carrying”.
- Pharmacy Key Accounts.
Medical Device Trade Consultant employer: Force Recruitment and Outsourcing
Contact Detail:
Force Recruitment and Outsourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Medical Device Trade Consultant
✨Tip Number 1
Network like a pro! Reach out to your contacts in the medical device industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can introduce you to someone who does.
✨Tip Number 2
Prepare for face-to-face meetings by doing your homework. Understand the company’s needs and how your experience aligns with their goals. This will help you stand out as the perfect fit for the role.
✨Tip Number 3
Showcase your expertise during discussions. Be ready to share specific examples of your past experiences, especially those related to trade contracts and pricing strategies. This will demonstrate your value and understanding of the market.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Medical Device Trade Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your commercial background and relevant experience in trade contracts and pricing. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this short engagement. Be specific about your experience with UK wholesalers and any relevant margin expectations you've dealt with.
Showcase Relevant Experience: In your application, emphasise your first-hand experience with medical devices and your understanding of the distribution route. We’re looking for someone who can hit the ground running, so make it clear how you can add value from day one.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Force Recruitment and Outsourcing
✨Know Your Stuff
Make sure you brush up on your knowledge of the UK medical device market, especially around wholesalers like AAH, Alliance Healthcare, and Phoenix. Be ready to discuss typical margin expectations and how they vary by volume. This shows you’re not just familiar with the theory but have practical insights too.
✨Prepare Real-World Examples
Think of specific instances from your past roles where you’ve dealt with trade contracts or pricing strategies. Being able to share these experiences will demonstrate your hands-on expertise and help the interviewers see how you can add value in this short engagement.
✨Understand the Financials
Get a grip on how margins are calculated at each stage of the distribution route. Be prepared to explain the differences between ex-factory price, trade price, and Drug Tariff price. This will show that you can contribute to building a solid financial model for the potential distributor.
✨Ask Insightful Questions
Don’t forget that interviews are a two-way street! Prepare some thoughtful questions about the company’s current challenges in the medical device space or their expectations for this advisory role. This not only shows your interest but also helps you gauge if it’s the right fit for you.