At a Glance
- Tasks: Drive pricing strategies and collaborate with global teams to win business.
- Company: Join a global leader in advanced electronics committed to sustainability.
- Benefits: Competitive salary, diverse work culture, and opportunities for growth.
- Other info: Opportunity to travel and work in a dynamic, collaborative environment.
- Why this job: Make impactful pricing decisions that shape the future of technology.
- Qualifications: Degree in business or relevant experience; strong analytical and negotiation skills.
The predicted salary is between 50000 - 65000 £ per year.
Company Overview
When you join TT, you join our global community of visionaries, creators, and achievers dedicated to engineering and manufacturing electronic solutions enabling a safer, healthier and more sustainable world. We are a global manufacturer with a passion for advanced electronics that benefit our planet and people for future generations. We are committed to having a positive impact on the world through a culture built around safety, transparency, collaboration, and positive relationships. Our teams are fuelled by performance and expertise, leading the charge in innovation, efficiency and delivering world‑class customer service. Be part of the journey.
Role Overview and Responsibilities
As part of our Global Sales Organisation, the Senior Commercial Specialist plays a key role in the company pricing strategy for the Components Division. This Global role interacts regularly with Sales, Factory, Engineering, and Product teams in Europe, Asia and North America to establish pricing strategies and formulate responses to Requests for Quotation (RFQs). The successful candidate will make pricing decisions that will help TT Electronics to win business while maximising profits. This position interacts with both Internal and External Customers. Location: UK, US, or Asia would be considered for this role.
Key Responsibilities
- Respond to daily RFQs for Optoelectronics, Resistors, and Variable Resistor product lines
- Make pricing decisions based on established guidelines
- Research and analyse Major Bid Packages and Volume Price Agreements
- Compare and analyse previous bids to determine best pricing strategy to win
- Solicit from, and provide inputs to, the Product line Directors in a team effort to achieve the most competitive proposal response
- Actively participate in the negotiation process
- Analyse profit margins
- Analyse and report final award results
- Develop basic knowledge of all products including strengths and weaknesses versus competition through extensive product training
- Cross‑reference products with competitors or obtain that information from our engineering team
- Assist with the development and production of standard price lists and maintain Pricing Portal as needed
- Work with the Commercial Executive to complete actions in a timely manner, including periodic updates & revisions
Qualifications, Skills and Attributes
- A business related degree, or a relevant work experience
- Experience working within Inside Sales, Product Management, or other Pricing roles
- Basic knowledge of the electronic components industry – Resistors and/or Optoelectronics preferred
- Excellent analytical & strategic thinking skills
- Strong negotiation skills
- Strong proficiency with MS Excel
- Proficiency in MS Word, Windows, Outlook, and PowerPoint
- Exceptional organisational skills
- Active listening skills
- Proficient mathematics skills
- Excellent written English and verbal communication skills
- Ability to work with minimal supervision as part of a team
- Desire to grow within the team and increase skills and responsibility
- Ability to travel domestically and/or internationally, as needed, up to 25% of the time
Enhancing Application (not essential)
- Fluency in German, Spanish, French, or Mandarin (Chinese)
- Knowledge of SAP & Salesforce
- Experience managing projects and/or people
Equal Opportunity Employer
We welcome applications from everyone to celebrate a diverse mix of experiences, backgrounds and identities. We are committed to equality of opportunity for all.
Senior Commercial Specialist in Newcastle upon Tyne employer: TT Electronics plc
At TT Electronics, we pride ourselves on being an exceptional employer, fostering a culture of safety, collaboration, and innovation. Our global teams are dedicated to making a positive impact on the world, offering employees opportunities for growth and development in a dynamic environment. With a commitment to transparency and world-class customer service, joining us means being part of a community that values your contributions and supports your career journey.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Commercial Specialist in Newcastle upon Tyne
✨Leverage Your Network
In sales and business development, who you know can often be as important as what you know. Get involved with local networking events or industry meetups to connect with key players. Don't be shy—share your passion for the field and let folks know you're on the lookout for opportunities!
✨Show Your Skills Through Real-World Results
When targeting a full-time role like Senior Commercial Specialist at TT Electronics plc, presenting tangible results from your previous sales experience can set you apart. Bring along case studies or examples of how you've closed deals or expanded accounts, and don't forget to showcase your problem-solving prowess. It’s all about quantifying your success!
✨Engage with Sales Communities
Dive deep into online sales communities, like Sales Hacker or LinkedIn groups dedicated to sales professionals. Engaging in discussions and sharing insights can boost your visibility and might just put you on the radar of hiring managers looking for fresh talent in business development.
✨Direct Applications Matter
While we all know the online application route, consider sending direct applications to companies you admire, including TT Electronics plc. Tailor your message to explain why you’re drawn to them and how you can contribute as a Senior Commercial Specialist. Sometimes, a personal touch can grab attention faster than a generic application!
We think you need these skills to ace Senior Commercial Specialist in Newcastle upon Tyne
Some tips for your application 🫡
Show Off Those Sales Skills:In your CV and cover letter, highlight any previous sales or business development experience you have. Use numbers and examples to showcase your achievements – did you exceed sales targets or bring in new clients? Make those accomplishments shine!
Tailor Your Message for TT Electronics plc:When writing your cover letter, make sure to tailor your message specifically for TT Electronics plc. Show that you know the company’s mission and how your skills align with their goals in the sales landscape. This personalised touch will grab their attention!
Keep It Professional Yet Engaging:Sales is all about relationships, so while you want to maintain professionalism in your application, don’t be afraid to let your personality shine through. Engage the reader and demonstrate your enthusiastic approach to sales and business development!
Proof of Performance:Include any relevant certifications or training you’ve undertaken in sales or negotiation tactics. If you’ve attended workshops or courses, list these to showcase your commitment to professional development. This extra touch can set you apart from the competition!
How to prepare for a job interview at TT Electronics plc
✨Know Your Sales Methodologies
Brush up on popular sales methodologies like SPIN Selling or Challenger Sales. Being able to discuss these techniques and how you've applied them will show TT Electronics plc that you understand the role and can hit the ground running in the sales game.
✨Demonstrate Your Deal-Making Skills
Prepare to share stories from your past experiences where you closed deals, overcame objections, or started new client relationships. We want to show TT Electronics plc that you’re not just about numbers but also about building lasting connections in business development.
✨Prepare for Role-Play Scenarios
In a full-time sales interview, don’t be surprised if they throw in a role-play exercise to test your pitching skills. Practising how you would pitch a product or handle an objection will help us shine in this simulation—think of it like a dress rehearsal for your future sales calls!
✨Align Your Goals with the Company’s Vision
Take a moment to reflect on how your career ambitions align with TT Electronics plc’s objectives. When we articulate how our personal growth ties in with the company’s goals, it shows commitment and a genuine interest in contributing to their success.