To build, design and implement a methodology that aims to improve return on investment from all components of Gross to Net spend with customers in International markets (in excess of $1bn on sales of $6bn), including but not limited to discounts, rebates, commissions, returns, data sharing, free goods, promotional offers.
A high-level diagnostic of current gross to net management highlighted significant issues in recording of information, negotiation of contractual terms, compliance of customer practices, gaps in account management capabilities and an overall lack of a customer strategy that could be monitored.
With input from key stakeholders to ensure we addressed key client specific issues, Net Revenue Management Playbook was put into use, this included:
The Playbook was then rolled out through a series of workshops and engagements in South / Latin America, Asia Pacific, Middle East and North Africa (markets with total sales of approx. $2bn).
The project resulted in identifying actions for delivery of more than $100m Net Revenue benefit, approx. 5% of sales, in addition to building local capability and greater contract compliance.