Commercial Analytics : Key Account Management
Uncover the true potential of key accounts
phamax adopts a structured approach to its key account management services. The phamax team reviews the existing KAM structure and analyzes the account-level data for robustness/integrity to identify the gaps, provide appropriate solutions based on customer needs and develop KAM as a mind-set. phamax helps its clients to develop the best-in-class strategies, customized account-level services, optimal KAM team structure and thereby increased ROIs.
phamax KAM framework uses:
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Qualitative research to design the KAM working details, local KAM principles and guidelines, KAM vision, objectives, roles and responsibilities in collaboration with the client team
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Quantitative research to review the current account segmentation, KAM team workload and performance
phamax develops a prioritized list of recommendations and a corresponding action plan based on the qualitative and quantitative research.
- Understand the account potential, current penetration levels and value proposition
- Prioritize the list of target accounts (e.g. tier 1, 2 and 3)
- Optimal KAM team structure
- Individual account value chain
- Track account performances and relative moments (e.g. on the 3x3 grid)
- Manage the challenges effectively while implementing the KAM strategy