Business Development Manager

Heico Companies

$135K — $150K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Marketing, Engineering, Manufacturing, or a related field; equivalent industry experience may be considered.
  • 5-10 years of successful business development, sales, account management, channel management, or commercial leadership experience.
  • Demonstrated experience developing distributor relationships or selling industrial components through distribution.
  • Experience selling engineered components, standard parts, or industrial products preferred.
  • Strong understanding of B2B distribution models, channel development, and OEM sales.

Responsibilities

  • Develop and execute a business development strategy to grow the Standard Parts business.
  • Establish objectives for revenue, margin, customer acquisition, and distributor development.
  • Identify and prioritize attractive market segments and accounts with growth potential.
  • Develop strategies to increase utilization of Standard Parts within existing accounts.
  • Identify opportunities to reactivate dormant accounts and expand relationships with distributors.

Benefits

  • Travel opportunities to distributor and OEM customers, trade shows, and industry events.
  • Access to training and development resources for professional growth.
  • Participation in a results-driven culture with defined success measures.
  • Supportive cross-functional collaboration with sales, marketing, and engineering teams.
Full Job Description
Key Responsibilities

Business Development & Growth Strategy
  • Develop and execute an annual business development strategy focused specifically on growing Davies Molding's Standard Parts business.
  • Establish revenue, margin, customer acquisition, distributor development, and SKU penetration objectives for the Standard Parts portfolio.
  • Identify and prioritize attractive market segments, applications, distributors, and OEM accounts based on growth potential and alignment with Davies capabilities.
  • Develop strategies to increase utilization and penetration of Davies Standard Parts within existing customer and distributor accounts.
  • Identify opportunities to reactivate dormant accounts and expand relationships with existing distributors and OEM customers.
  • Develop new sources of demand through targeted prospecting, market research, outbound campaigns, trade shows, industry events, and customer visits.

Distribution Development
  • Identify, qualify, recruit, and develop strategic distributors capable of expanding Davies Standard Parts market coverage.
  • Develop distributor-specific growth plans, including target customers, product focus, geographic coverage, and sales objectives.
  • Build relationships with distributor ownership, sales leadership, product managers, inside sales teams, and key account representatives.
  • Increase Davies product awareness and sales effectiveness within distributor organizations through product training, sales tools, application support, and joint customer calls.
  • Identify opportunities to expand Davies SKU representation within distributor catalogs, websites, stocking programs, and sales channels.
  • Develop programs to increase distributor inventory, availability, and turns for targeted Standard Parts.
  • Monitor distributor performance, pipeline activity, sales trends, inventory levels, and opportunities for growth.
  • Establish appropriate channel strategies while protecting pricing, margin, brand positioning, and channel relationships.

OEM Business Development
  • Identify select OEMs and equipment manufacturers with recurring applications for standard knobs, handles, grips, cases, and related components.
  • Develop relationships with OEM engineering, design, purchasing, supply chain, and product management teams.
  • Promote Davies Standard Parts as a readily available alternative to custom-designed components where appropriate.
  • Identify opportunities to have Davies Standard Parts specified directly into new product designs and existing product platforms.
  • Lead customer discovery to understand application requirements, operating environment, material requirements, aesthetics, ergonomics, volumes, and commercial objectives.
  • Develop application-specific recommendations using the Davies Standard Parts portfolio.
  • Support customers with product selection, dimensional information, technical documentation, samples, and application guidance.
  • Identify opportunities to convert custom or competitive components to Davies Standard Parts where commercially and technically appropriate.

Commercial Management
  • Develop and maintain a qualified pipeline of distributor and OEM opportunities.
  • Manage prospecting, qualification, opportunity development, quoting, follow-up, forecasting, and conversion activities through the CRM system.
  • Develop account plans for strategic distributors and targeted OEM customers.
  • Analyze pricing, margins, volume opportunities, competitive positioning, and customer requirements to develop commercially sound proposals.
  • Negotiate pricing, stocking programs, rebates, commercial agreements, and other channel terms within established company guidelines.
  • Work with management to identify opportunities for new products, product extensions, packaging changes, or stocking strategies based on market demand.
  • Monitor competitive products, pricing, distribution strategies, and market developments.

Cross-Functional Collaboration
  • Collaborate with sales, marketing, engineering, operations, customer service, and management to execute Standard Parts growth initiatives.
  • Communicate distributor and OEM requirements internally to support product availability, technical support, marketing materials, and customer service.
  • Partner with marketing to develop targeted campaigns, distributor promotions, digital content, product literature, and other demand-generation initiatives.
  • Support product launches and commercialization of new Standard Parts based on identified market opportunities.
  • Provide market feedback regarding customer needs, competitive products, pricing, product gaps, and emerging applications.

Customer & Market Engagement
  • Represent Davies Molding at trade shows, distributor meetings, customer visits, industry events, and technical meetings.
  • Conduct regular business reviews with strategic distribution partners.
  • Develop relationships with key decision-makers across distribution and targeted OEM accounts.
  • Maintain a strong understanding of the applications and industries in which Standard Parts are used.
  • Monitor market trends and emerging applications to identify opportunities for portfolio expansion and market diversification.

Required Qualifications
  • Bachelor's degree in Business, Marketing, Engineering, Manufacturing, or a related field; equivalent industry experience may be considered.
  • 5-10 years of successful business development, sales, account management, channel management, or commercial leadership experience.
  • Demonstrated experience developing distributor relationships and/or selling industrial components through distribution.
  • Experience selling engineered components, standard parts, hardware, plastics, HMI components, or related industrial products preferred.
  • Demonstrated ability to develop new accounts, grow existing customers, and convert opportunities into recurring revenue.
  • Strong understanding of B2B distribution models, channel development, and OEM sales.
  • Strong commercial acumen, including pricing, margin management, forecasting, pipeline management, and negotiation.
  • Excellent communication, presentation, negotiation, and relationship-building skills.
  • Self-motivated, results-driven, and capable of independently managing a geographic and account-based sales territory.
  • Proficiency with CRM systems, Microsoft Office, and sales reporting tools.
  • Willingness to travel regularly to distributor and OEM customers, trade shows, and industry events.

Preferred Experience
  • Experience selling standard industrial components through distribution.
  • Existing relationships with industrial distributors, catalog houses, online distributors, or specialty component distributors.
  • Experience selling to OEM engineering and purchasing organizations.
  • Familiarity with knobs, handles, grips, cases, machine components, HMI components, or related industrial hardware.
  • Experience developing distributor stocking programs and channel-specific growth initiatives.
  • Experience with product catalogs, e-commerce channels, digital product content, and distributor websites.
  • Background in strategic account planning, market segmentation, customer targeting, and market development.
  • Experience identifying applications where standard components can replace custom-designed components.
  • Technical familiarity with plastics, thermoset and thermoplastic materials, injection molding, compression molding, and related manufacturing processes.
  • Experience working with manufacturing organizations where customer requirements must be coordinated across sales, engineering, operations, and customer service.

Salary Range $135,000 - $150,000 (Depending on Experience)

Key Competencies
  • Strategic prospecting and market development
  • Distributor recruitment and channel development
  • OEM account development
  • Consultative and application-based selling
  • Standard product portfolio knowledge
  • Account planning and customer segmentation
  • Commercial negotiation and pricing
  • Pipeline management and forecasting
  • Customer relationship management
  • Cross-functional collaboration
  • Market analysis and competitive positioning
  • Results orientation and accountability
  • Disciplined follow-through

Success Measures
  • Achievement of annual Standard Parts revenue and gross margin targets.
  • Growth of Standard Parts revenue through distribution.
  • Growth of Standard Parts revenue through targeted OEM accounts.
  • Number and quality of new distributor relationships established.
  • Growth in sales and SKU penetration within existing distributor accounts.
  • Growth in distributor stocking and catalog representation.
  • Number of qualified OEM opportunities developed and converted.
  • Number of OEM applications where Davies Standard Parts are specified or adopted.
  • Growth in active Standard Parts customers and reactivation of dormant accounts.
  • Qualified pipeline growth and opportunity conversion rate.
  • Improvement in distributor and OEM engagement.
  • Successful commercialization of market-driven product opportunities.
  • Effective coordination of customer requirements with Davies sales, marketing, engineering, operations, and customer service resources.

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