Job description
COMPANY OVERVIEW:
Balchem Corporation develops, manufactures, and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is in Montvale, New Jersey and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ – BCPC) with annual revenues over $700 million and a market cap exceeding $4.0 billion. The company consists of three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,400 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit www.balchem.com
POSITION SUMMARY:
The Strategic Marketing and Business Development Director will use extensive knowledge of the food industry to lead the strategic development and execution of marketing activities for the Powders and Cereal Business Unit. This strategy will align with Balchem's Human Nutrition & Health (HNH) segment overall strategy. The successful candidate will quickly gain a comprehensive understanding of the businesses, product lines, customers and build effective marketing campaigns to drive the business and brands forward.
The individual will lead all marketing activities and will work in partnership with sales, Supply Chain, R&D, and innovation. The individual will serve as the internal expert in market trends and use their considerable industry knowledge to identify new growth segments for the business. This position requires a deep understanding of marketing, strategy development, value proposition development, new premium ingredient launches along with strong people skills.
ESSENTIAL FUNCTIONS:
- Successfully develop and executes the business strategy for the Powders & Cereal Business Unit achieving financial targets, new business development and strategic marketing initiatives.
- Develop deep understanding of the market, emerging trends, competitive landscape and Balchem's relative positioning.
- Provide functional excellence to strategic marketing activities leading to customer value proposition to ensure both short- and long-term health of business.
- Develop new business opportunities by thoroughly researching and understanding the customers business model, expectations, and marketplace.
- Conducts ongoing market research program to identify, quantify and recommend high value complementary/adjacent market segments.
- Develop strong relationship at strategic customers and gain customer feedback on current as well as future products in development.
- Lead the marketing project funnel and develop a pipeline of projects to grow the business and improve the competitive positioning.
- Define KPI's to drive marketing strategies and establish leading indicators to measure business progression beyond the financial metrics.
- Communicate complex information in an easily understood and thoughtful manner both within the company and externally.
- Develop marketing campaigns and leverage analytics to gain market insights and measure performance with the goal of optimizing customer engagement strategy.
- Other duties as assigned.
REQUIREMENTS:
- Minimum of 5-7 years of commercial experience in functional foods, flavors and/or food and beverage ingredients industry.
- Strong understanding of B2B and B2C marketing tools and messaging
- Bachelor's degree from an accredited college/university preferably in business or a technical discipline. MBA is highly desirable.
- Ability to deal with ambiguity, navigate uncertain situations and drive for clarity.
- Decisive planning and execution skills in a demanding environment
- Cheerful outlook towards the values of the company and safety at workplace
- Strong analytical skills, experience with metrics, KPI's, CRM, Power BI, and web analytics
- Key Leadership Competencies:
- Collaboration
- Strategic orientation
- Results orientation
- Enterprising spirit
#IN
Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.
PI213586842
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