Ted Raquet

Ted Raquet Email and Phone Number

National Sales / Revenue Generation / Market Expansion / Go-To-Market Strategy / P&L @ Innovative Motion Technologies
Saint Petersburg, FL, US
Ted Raquet's Location
St Petersburg, Florida, United States, United States
Ted Raquet's Contact Details
About Ted Raquet

WHAT DO I DO? I am strategic and visionary senior executive with a proven ability to drive organizational growth through the development and implementation of comprehensive sales plans. HOW DO I DO IT? I am adept at exceeding revenue, margin, and growth objectives by fostering a high-performance culture and establishing robust KPIs and reporting systems. I am known for cultivating and maintaining strong relationships with distribution partners, clients, and prospects across the entire continuum of care, while collaborating with both internal and external key stakeholders to develop innovative pricing strategies and new business models. I am also a results-oriented, servant leader with executive level reporting experience and a keen focus on driving continuous improvement in sales, operations, marketing productivity, budget management, and stakeholder satisfaction to position organizations for sustained market domination and success.I am always eager to network with other professionals, so feel free to contact me today.

Ted Raquet's Current Company Details
Innovative Motion Technologies

Innovative Motion Technologies

View
National Sales / Revenue Generation / Market Expansion / Go-To-Market Strategy / P&L
Saint Petersburg, FL, US
Employees:
5
Ted Raquet Work Experience Details
  • Innovative Motion Technologies
    Innovative Motion Technologies
    Saint Petersburg, Fl, Us
  • Innovative Motion Technologies
    Vice President Of Business Development - Healthcare
    Innovative Motion Technologies Jun 2024 - Present
    Germantown, Wi, Us
    Hired to lead and drive the sales efforts in the Healthcare market space developing sales and distribution channels and working strategically with Raffel Systems and Check Corporations marketing and New Product Development teams.
  • Joerns Healthcare
    Senior Vice President National Sales
    Joerns Healthcare Aug 2022 - Jun 2024
    Charlotte, Nc, Us
    In my current role, I was promoted and entrusted with spearheading transformative commercial strategies aimed at enhancing customer service, with a primary emphasis on the post-acute market segment, while concurrently driving augmented Gross Margin to fortify the company's prosperity.Some Key Accomplishments Includes:• Orchestrating a comprehensive restructuring of the sales organization with a headcount reduction of 52%, transitioning from market segment-specific representatives to a team-oriented sales approach, thus dismantling existing silos and fostering a cohesive "One Team Approach" to propel growth.• Successfully fostering synergy between the Direct Sales Force and Independent Sales Representatives through the implementation of Regional Team Quotas linked to variable compensation, fostering harmonious and mutually beneficial relationships.• Overhauling the Customer Care department, transforming it from an order-taking group to a proactive Inside Sales Team, thereby transforming it into a revenue-generating entity as opposed to a cost center.• Delivering a compelling strategic plan for 2023 to the Board of Directors, securing endorsement for a targeted reduction of gross rental revenue by $30M (from $100M to $70M), whilst concurrently driving a 15% increase in gross profit margin, a 43% decrease in SG&A, and a remarkable 10% rise in EBIDTA.• Effectively transitioning Negative Pressure Wound Therapy from an OP X to CAP X product segment, disrupting competitors while simultaneously offering a more clinically appropriate and cost-effective solution for Providers and the care of patients/residents, marking a significant industry advancement.
  • Joerns Healthcare
    Vice President Of Sales Distribution And Business Development
    Joerns Healthcare Aug 2013 - Aug 2022
    Charlotte, Nc, Us
    In this role, I was recruited and hired to orchestrate a comprehensive sales overhaul within the Acute and Homecare market segments, with a keen focus on augmenting market share and elevating EBIDTA, while wielding direct P&L accountabilities. I amplified product and contract visibility across GPO, IDN, Government, and Distribution arenas. I also devised innovative marketing strategies to harness the brand equity of Hoyer Lifts.Some Key Accomplishments Includes:• Surpassing the revenue Goal by 110% in 2022, underpinning an impressive overall CAGR of 8% over a span of 9 years at Joerns Healthcare.• Demonstrating an unwavering commitment to surpassing both AOP & Quota benchmarks.• Pioneering a groundbreaking risk-sharing approach, benefiting both the clients (Acute, LTAC, and LTC) and Joerns Healthcare, resulting in substantial positive outcomes and enhanced clinical results, marking a paradigm shift within the industry.• Leveraging existing HME relationships as force multipliers, collaboratively creating marketing campaigns into the Independent Post Acute space that generated an additional $5M in sales in 2022.• Scrutinizing existing MBO's and redefining them based on data-driven KPI's, ensuring alignment with strategic objectives.• Cultivating strategic partnerships with sales channel associates in the Acute, Post Acute, and Homecare domains.• Engineering a standardized pricing matrix hinged on volume, concurrently bolstering gross profit margins.• Revamping remuneration structures, propelling sales across the entire product portfolio with a focus on the highest margin products.
  • Pride Mobility Products
    Senior Vp Domestic Sales
    Pride Mobility Products 2008 - 2013
    Duryea, Pa, Us
    Drove revenue for entire mobility product line. Led inside sales, outside sales, national accounts, business development, marketing, IT, R&D, supply chain, and credit. Directed 350 employees and budget of $35M. Increased national account sales and exponentially grew annual revenue. Developed quality initiative after manufacturing outsourcing; increased customer satisfaction. Won significant contract; increased annual account sales to $40M. Restructured sales organization; saved 42% in labor costs. Implemented salesforce.com sales tools; increased sales productivity and customer response speed. Navigated regulatory changes with Medicare.
  • Pride Mobility Products
    Vp Domestic Sales
    Pride Mobility Products 2005 - 2008
    Duryea, Pa, Us
    Led entire sales organization including marketing, national account management, and VA account. Directed 140 employees and budget of $18M. Increased national account sales to $140M, nearly half of total sales; increased annual revenue. Launched four regional distribution centers. Significantly reduced freight contracts and deliver time; eliminating cost of new centers. Increased market share of each product category up to 35 points. Initiated competency-based sales training and consultative sales approach to increase customer engagement and satisfaction. Generated $75M in launch of new product line.
  • Pride Mobility Products
    Vp National Accounts
    Pride Mobility Products 2003 - 2005
    Duryea, Pa, Us
    Led sales, business development, and account management. Directed 120 employees and budget of $15M. Secured large accounts; increased national account sales 75%. Developed strategic relationship with VA in FL; delivered $10M incremental revenue. Re-engineered product launch process; reduced time spent introducing product.
  • Pride Mobility Products
    Director Of National Accounts
    Pride Mobility Products 2001 - 2003
    Duryea, Pa, Us
    Led sales, business development, and account management. Directed 90 employees and budget of $9M. Secured national accounts; increased sales 60% and profit margin. Developed marketing strategies to cross-sell; drove market share 35%. Developed new sales channel, generating $4M incremental revenue. Developed value-added marketing campaign; increased win ratio 10%.
  • Pride Mobility Products
    Senior Area Manager
    Pride Mobility Products 1999 - 2001
    Duryea, Pa, Us
    Recruited to increase sales in FL, GA, and PR territory. Led outside sales and customer service. Directed employees. Secured 150 new accounts; increased territory sales 53%.

Ted Raquet Skills

Sales Operations Medical Devices Account Management New Business Development Sales Management Product Launch Sales Process Sales Durable Medical Equipment Salesforce.com Capital Equipment Strategic Planning Healthcare Business Development Sales Presentations Team Building Product Development Contract Negotiation Marketing Strategy Competitive Analysis Marketing Market Development Leadership Sales Force Development Strategy Product Marketing Forecasting Cross Functional Team Leadership Hospitals Direct Sales Budgets Management Training Medical Sales Cold Calling Customer Service Selling Managed Care Consultative Selling Style Customer Satisfaction Selling Skills P&l Management Generating Revenue Key Account Management Strategic C Suite Selling Talent Management B2b Trade Shows Pharmaceutical Sales

Ted Raquet Education Details

  • Shippensburg University Of Pennsylvania
    Shippensburg University Of Pennsylvania
    Professional & Industry Leadership

Frequently Asked Questions about Ted Raquet

What company does Ted Raquet work for?

Ted Raquet works for Innovative Motion Technologies

What is Ted Raquet's role at the current company?

Ted Raquet's current role is National Sales / Revenue Generation / Market Expansion / Go-To-Market Strategy / P&L.

What is Ted Raquet's email address?

Ted Raquet's email address is tr****@****ity.com

What is Ted Raquet's direct phone number?

Ted Raquet's direct phone number is +181392*****

What schools did Ted Raquet attend?

Ted Raquet attended Shippensburg University Of Pennsylvania.

What are some of Ted Raquet's interests?

Ted Raquet has interest in Networking, Boating, Social Services, Skiing, Technology, Management Training, Reading, Fitness, Running, Golf.

What skills is Ted Raquet known for?

Ted Raquet has skills like Sales Operations, Medical Devices, Account Management, New Business Development, Sales Management, Product Launch, Sales Process, Sales, Durable Medical Equipment, Salesforce.com, Capital Equipment, Strategic Planning.

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