Position Summary
The Business Development Manager will be responsible for driving revenue growth, expanding market share, and client retention within Neo Group’s Institutional Catering business. This role requires a commercially astute, strategic, and results-driven professional with strong experience in B2B sales, bid management, and contract negotiations within the food services and hospitality sectors.
The incumbent will lead the full business development lifecycle – From pipeline generation and tender strategy, to contract award and client retention.
Key Responsibilities
Business Development & Market Expansion
- o Identify, pursue, and secure new business opportunities within the institutional catering sector (e.g. corporates, manufacturing plants, healthcare, and education).
- o Develop and execute structured go-to-market strategies to penetrate target industry segments.
- o Build and maintain strong relationships with key decision-makers, service owners, process owners, and other relevant stakeholders to drive long-term business growth.
- o Lead end-to-end proposal development, including RFIs, RFPs, RFQs, tenders, pricing models, and client presentations.
- o Own the bid strategy – Including solution positioning, competitive differentiation, commercial assessment, and value proposition development.
- o Collaborate with culinary, operations, finance, and procurement teams to develop commercially viable and operationally executable solutions.
- o Track and manage the business development pipeline, ensuring accurate forecasting and reporting.
Account Management and Client Retention
- o Develop and implement strategies to retain and grow existing accounts beyond their contractual scope.
- o Identify client retention opportunities such as new value-added services, special events, wellness programmes, and retail concepts.
- o Evaluate pricing models, cost structures, and contract profitability to ensure sustainable margins.
- o Monitor financial performance of secured contracts and drive corrective actions where necessary.
- o Support contract negotiations, renewals, and extension strategies to maximise lifetime customer value.
- o Ensure strong stakeholder engagement post-award to facilitate smooth onboarding and contract mobilisation.
Tender Governance & Commercial Excellence
- o Ensure all tenders and proposals are aligned with company risk frameworks and profitability thresholds.
- o Conduct commercial risk assessments and scenario planning before submission.
- o Ensure proposal templates are convincing and relevant to each client, costing frameworks, and bid documentation processes to improve efficiency and win rates.
- o Maintain compliance with procurement policies and institutional tender requirements.
- o Drive continuous improvement in bid management processes, including post-mortem reviews on unsuccessful tenders.
Market Intelligence & Strategic Planning
- o Analyse market trends, customer needs, and competitor activity within the institutional catering landscape.
- o Monitor public and private sector tender portals to proactively identify opportunities.
- o Benchmark industry best practices in pricing models, service delivery formats, technology integration, and sustainability initiatives.
- o Practise continuous improvement and provide strategic recommendations on:
- New service offerings (e.g., smart vending, dining concepts, digital ordering platforms)
- Pricing optimisation
- Market expansion into new segments or geographies
- o Contribute to annual business planning and revenue forecasting exercises.
Cross-Functional Leadership & Internal Collaboration
- o Work closely with operations teams to ensure seamless transition from sales to implementation.
- o Align marketing initiatives with business development priorities to strengthen brand positioning.
- o Support the development of sales tools, case studies, and marketing collaterals.
- o Mentor junior team members and interns supporting pipeline and bid activities.
- o Represent Neo Group at industry networking events, trade shows, and business forums.
Performance Metrics (KPIs)
- o New contract wins and annual contract value (ACV)
- o Tender win rate
- o Pipeline value and conversion rate
- o Client retention rate
- o Contract profitability and margin performance
Qualifications / Skills
- o Bachelor’s degree in Business, Marketing, Hospitality Management, or related discipline.
- o 5–8 years of experience in business development, preferably in institutional catering, food services, facilities management, or hospitality.
- o Proven track record of managing tenders and securing B2B contracts.
- o Strong financial acumen with the ability to analyse P&L, pricing models, and cost structures.
- o Excellent presentation and negotiation skills.
- o Strong stakeholder management and relationship-building capabilities.
- o Strategic thinker with strong execution capabilities.
- o Proficiency in Microsoft Office and Canva.
- o Willing to work in the West.
Preferred Attributes
- o Experience managing government or large corporate tenders.
- o Familiarity with clients in institutional food services.
- o Strong network within Singapore’s corporate or institutional ecosystem.
- o Resilient, driven, and commercially results-oriented.
- o Creative problem-solver with an eye for design and presentation aesthetics.
- o Eager to contribute ideas and take ownership of projects.
- o Comfortable engaging with external stakeholders and internal cross-functional teams.
Location:
Singapore (On-site, with some off-site client meetings as/when required)