Sr. Specialist - Global Molding Procurement

About the role

The Sr. Specialist in Global Molding Procurement plays a pivotal role in the procurement category leadership, strategy execution, and process improvement within 3M. This position offers an opportunity to transition from various professional backgrounds to a 3M career, providing exposure to diverse 3M businesses and products.

Responsibilities

• Provide Category Ownership across 3M Businesses & Divisions, serving as a Strategic Procurement leader for Outsourced Molding.
• Drive Procurement policies and best practices, ensuring alignment with cost savings, growth, and working capital goals.
• Lead negotiations, participate in effective NPI launches, and manage complex supplier relationships.
• Initiate cost reduction efforts and facilitate implementation of innovative Procurement best practices.
• Lead supplier selection and maintain external supplier relationships as the key point of contact for 3M.
• Develop strong partnerships with suppliers and internal 3M stakeholders, including Manufacturing, R&D, Marketing, Finance, and Supply Chain Operations.
• Identify and develop category risk reduction strategies by partnering with 3M stakeholders.
• Drive Cash Improvement in accordance with Global Policy.
• Support Divisions across 3M, offering broad exposure to 3M’s diverse businesses & products.

Strategy Execution & Process Improvement

• Identify, lead, and implement solutions for complex and multi-faceted situations regarding dual-sourcing, negotiation, category strategy, supplier management, and external sources of supply.
• Determine and lead opportunities for process improvements that enhance service, speed, or cost through analysis of Procurement information & metrics.
• Navigate complex situations and manage multiple internal & external stakeholders.

Contracting Ownership

• Lead contract negotiations with strategic supply partners, working in tandem with 3M Division stakeholders and 3M Legal.
• Implement and negotiate Agreements to cover complex supply relationships, including SMI (supplier managed inventory), consigned materials, formula-based pricing, etc.

Skills and Expertise

• Bachelor’s degree or higher (completed and verified prior to start).
• Ten (10) years of combined experience in Sourcing, Procurement, Logistics, Supply Chain, Engineering, and/or Manufacturing in a private, public, government, or military environment.
• Experience in Procurement, especially with Molding suppliers, including contract manufacturers and co-packers.
• Strong negotiation skills and attention to detail.
• Initiative, self-starter with a positive & pro-active approach; Project management experience.
• Experience successfully collaborating with internal and external stakeholders on complex projects.
• Skilled in written and oral communications.
• Financial acumen and comfort with conducting business analytics.

Work Location & Travel

This role follows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN. Travel may include up to 10% domestic/international.

Relocation

Not authorized.

Compensation & Benefits

The expected compensation range for this position is $145,676 - $178,049, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.

Additional Information

Applicable to US Applicants Only. Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.