Jobs
Commercial Manager
What does a commercial manager do?
A commercial manager navigates the crossroads between business strategy and customer needs. Through careful decision-making and negotiation, they optimise their company's profitability. Understanding more about what a commercial manager does, can help you decide if this might be a good career choice for you.
What does a commercial manager do?
A commercial manager plays a strategic role in a business. Essentially, this means executing business strategies, which involves negotiating contracts, identifying potential markets, managing business risks andforecastingsales trends. It is a multifaceted role that requires a broad set of skills and a good understanding of the business landscape. Below, we go into detail on what a commercial manager does to implement these.
Develops business strategies
A commercial manager crafts strategic plans that align with the company's objectives, considering factors like market trends, competitive landscape and resource allocation. This entails analysing customer needs, market dynamics and business opportunities to develop strategies that can drive growth andprofitability.
Negotiates contracts
Contract negotiation is an integral part of the job. A commercial manager negotiates contracts with suppliers, customers and other stakeholders, ensuring the terms are favourable for their organisation. This task entails excellent negotiation skills and a thorough understanding of the legal aspects of contracts.
Identifies potential markets
Commercial managers research and identify new markets where the company can expand its business. This includes understanding market trends, customer behaviour and competitors in potential markets.
Managing business risks
Risk management is another crucial part of a commercial manager's job. They identify potential risks that may affectbusiness operations, profitability or reputation and devise strategies to mitigate these risks.
Huddersfield is a town in the Metropolitan Borough of Kirklees in West Yorkshire, England. It is the administrative centre and largest settlement in the Kirklees district. The town is in the foothills of the Pennines. The River Holme's confluence into the similar-sized Colne is to the south of the town centre which then flows into the Calder in the north eastern outskirts of the town.
The rivers around the town provided soft water required for textile treatment in large weaving sheds; this made it a prominent mill town with an economic boom in the early part of the Victorian era Industrial Revolution. The town centre has much neoclassical Victorian architecture. An example is its railway station, which is a Grade I listed building described by John Betjeman as "the most splendid station façade in England".[2] It won the Europa Nostra award for architecture.
Huddersfield hosts the University of Huddersfield and three colleges: Greenhead College, Kirklees College and Huddersfield New College. The town is the birthplace of rugby league with the local team, Huddersfield Giants, playing in the Super League. It also has a professional football team called Huddersfield Town, that currently competes in the Championship, as well as two Rugby Union clubs Huddersfield R.U.F.C. and Huddersfield YM RUFC. Notable people from the town include two-time British Prime Minister Harold Wilson (for Labour) and film star James Mason were born in the town.
The town has been classed under Yorkshire, the West Riding of Yorkshire and West Yorkshire for statistics throughout its history. The town's population in 1961 was 130,652 with an increase to 162,949 at the 2011 census; it is in the West Yorkshire Built-up Area.[3][4] The town is 14 miles (23 km) south-west of Leeds, 12 miles (19 km) west of Wakefield, 23 miles (37 km) north-west of Sheffield and 24 miles (39 km) north-east of Manchester.
