Sr. Specialist - Global Molding Procurement
$145.68k - $178.05k3M
Sr Specialist, Global Molding Procurement
Collaborate with Innovative 3Mers Around the World
Choosing where to start and grow your career has a major impact on your professional and personal life, so it's equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.
This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.
The Impact You'll Make in this Role As a Sr. Specialist in Global Molding Procurement, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world. Here, you will make an impact by:
- Providing Category Ownership across 3M Businesses & Divisions, serving as a Strategic Procurement leader for Outsourced Molding.
- Responsible for driving Procurement policies and best practices, while helping 3M and the Procurement organization meet its cost savings, growth and working capital goals by leading negotiations, being part of effective NPI launches, and managing complex supplier relationships.
- Minimizing the total product and process cost by initiating cost reduction efforts and facilitating implementation of innovative Procurement best practices.
- Leading supplier selection and owning external supplier relationships as the key point of contact for 3M.
- Drive Should Cost Model as appropriate.
Strategy Execution & Process Improvement:
- Identifying, leading & implementing solutions for complex and multi-faceted situations regarding dual-Sourcing, negotiation, category strategy, supplier management, and external sources of supply.
- Determining & leading opportunities for process improvements that improve service, speed or cost, through analysis of Procurement information & metrics, including navigating complex situations and managing multiple internal & external stakeholders.
- Developing 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.
- Driving Cash Improvement in accordance with Global Policy
Contracting Ownership:
- Leading contract negotiations with strategic supply partners, working in tandem with 3M Division stakeholders and 3M Legal.
- Implementing and negotiating Agreements to cover complex supply relationships, which may include SMI (supplier managed inventory), consigned materials, formula-based pricing, etc.
This role supports Divisions across 3M, giving the successful candidate broad exposure to 3M's diverse businesses & products.
Your Skills and Expertise
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
- 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
Additional qualifications that could help you succeed even further in this role include:
- 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. Appropriately engages stakeholders at all levels of the organization.
- Skilled in written and oral communications
- Financial acumen and comfort with conducting business analytics
Work location:
- 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
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being
3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.
Applicable to US Applicants Only: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:
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties. Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.
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.
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