Essential Duties and Responsibilities:Commodity Risk Management - Accurately assess commodity cost risk and devise/implement appropriate risk strategies to mitigate that risk.
- Identify optimal coverage length and buying strategies for each sugar, dairy, fats/oils, currency, energy, and functional ingredients
- Ensure balanced hedge position maintained for each
- Develop long-term strategic view of supplier base, foster key business relationships service providers that deliver a competitive advantage and assure continuity of commodities meeting quality and cost parameters
- Lead contract negotiations
- Negotiate and implement contracts to support current and future business needs
- Create partnerships with key suppliers to develop ongoing sourcing strategies
- Provide analysis and input to our Sales team and Customers with goal to maximize overall profitability while aiding customers to minimize their risk
- Accurately analyze commodity markets utilizing various research models, forecasting techniques to develop a sound view of the market, assess market trends, crop expectations, and overall directional expectations
- Provide and present complex strategies in an understandable context to customers and internal management/sales team
- Constantly evaluate and analyze commodity markets to capitalize on market aberrations
Leadership/Management- Manage performance of direct reports and customize individual development plans with them.
- Coach and develop direct reports, assess their readiness for new roles, and identify development opportunities for them
- Provide leadership in the identification and development of new procurement initiatives and programs
- Operate within the core values of respect and care for others.
Note: The employer reserves the right to change or assign other duties to this position
Physical Requirements: - General office environment with majority of time using computer; prolonged periods of sitting
- Ability to travel within the US and Canada to work with suppliers and our four plants
- Travel Requirement 20%
Safety, Quality and Hygiene Requirements:- Maintain compliance with all company policies, procedures, and code of conduct
Performance Expectations:- Deliver on Non-Cocoa Financial (PPV) targets
- Provide thought Leadership in Non-Cocoa Raw Materials Risk Management to BCC customer base
- Promote a positive attitude and a sense of curiosity in learning new roles and responsibilities
- Instill a culture of leadership and engagement of team to achieve performance expectations
Skills and Work Experience Requirements:- Minimum 15 years in supply chain/procurement operations with strong analytical skills and understanding of market dynamics, futures and markets
- Experience in developing and executing procurement and hedging strategies; leadership and management skills; public speaking; problem solving; verbal and written communication
- Understand economic, technical issues; with ability to perform independent value analysis
- Highly organized, detail orientated, ability to handle multiple activities with strong time-management capacity and ability to adapt to changing situations quickly
- Proficient in Microsoft Office including PowerPoint, Excel
Education:- Bachelor's degree in Economics, Statistics, Finance, or Business Administration
Career Progression:- Employees are encouraged to express interest in internal career opportunities throughout Blommer
- Expectations for promotion or job role change are driven by proficiency and performance in current role
- Career progression would align to commodities, operations, and corporate leadership roles within Blommer
Pay Range: $170K-195K
Benefits: Blommer understands that our employees are our biggest assets. With this in mind we offer a generous benefits package.
- Health, Dental & Vision- eligibility begins day 1 of hire!
- 401(K)
- Pet insurance
- Tuition reimbursement
- 10 pounds of free chocolate for your birthday
