Jobs · Business Development · Minnesota

Regional Sales Manager

Farrar Corporation · Minneapolis, MN · 3 wk ago
On-siteBusiness Development$3k/moFull-time

Primary Responsibilities

  • Turn in a weekly sales activity and prospect report and a monthly expense report
  • Maintain accurate records, including rate quotes, processed quotes, turnaround times, volumes, reasons for lost opportunities, RFQ sources, and customer communications
  • Evaluate customers and markets for future growth potential
  • Regularly reach out to customers, staying informed about changes such as new product developments, obsolescence, forecasted plans or ownership/management transitions
  • Develop and maintain open channels of communication with customers
  • Gather and provide all necessary, and correct, information to generate accurate quotes at the time of the RFQ request

Qualifications

  • Bachelor’s degree (BS) in Engineering or manufacturing background preferred
  • Proven success in selling to O.E.M. customers
  • Minimum of 5 years of sales experience

Compensation and Benefits

  • Base Salary + Commission
  • Sales Commission: New Accounts: 3.0% of sales for new business acquired from customers, post hire; Existing Accounts: 1.0% of sales for ongoing business with new customers within the assigned region, start after establishing a personal relationship with each account
  • Commissions are paid in the month following receipt of payment by the customer
  • Exclusions: Commissions are not paid on pattern or tooling charges
  • Travel Allowance: $2,500/month travel allowance (must be approved)
  • Company will reimburse use of personally owned vehicle according to IRS mileage allowances
  • Company match 401(k) plan
  • Generous PTO, Company Paid Holidays, group health insurance

Training and Development

Training and development for this position could include time in a foundry environment working alongside our production team for a clearer understanding of foundry operations, terminology, and production methods.

Quantitative Objectives

  • Generate 10 RFQ’s per month
  • Reach out to all current and prospective customers with:
    • 0% - 50% growth potential: minimum of once per year
    • 50%- 100% growth potential: minimum of four times per year
    • Over 100% growth potential: minimum of six times per year.

Company Information

Farrar Corporation is an Equal Opportunity Employer in accordance with applicable federal, state, and local laws.

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