Chicago - Merchandise Mart
Blommer Chocolate Company (Headquarters)
222 Merchandise Mart Plaza
Suite 626
Chicago, IL 606541339, USA
Blommer has been providing delicious, high-quality chocolate and cocoa products to customers since 1939. Built as a family business, we are continuing to grow and are looking for motivated and reliable associates to help in our mission of Bringing Chocolate to Life!
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
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!
10 pounds of free chocolate for your birthday
Blommer Chocolate Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
