Procurement Initiatives and Compliance Lead

Job Description

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Procurement Initiatives and Compliance Lead

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers' toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You'll Make in this Role

We are seeking a strategic and collaborative Procurement Initiatives and Compliance Lead to drive key projects and compliance related activities aligned with our broader business goals and procurement reporting requirements. This individual will play a critical role in developing and executing cross-functional project plans, optimizing process and defining standard work as well as managing compliance and reporting related activities.

Key Responsibilities

• Procurement Compliance: Work with regulatory and compliance teams to translate regulations into clear, actionable procurement deliverables.
• Compliance Reporting: Follow good documentation practices to collect and demonstrate objective evidence of compliance with procurement and material related regulations and customer requirements.
• Strategic Planning & Alignment: Translate business goals into clear, actionable procurement strategies and project plans that align with overall company priorities and objectives.
• Cross-Functional Collaboration: Partner effectively with internal and external stakeholders (e.g., Engineering, Quality, Manufacturing, Regulatory, Finance, IT, Suppliers, Customers, etc.)
• Technology Roadmap & Enablement: Contribute to the development and execution of the procurement technology roadmap. Define and document requirements for systems, tools, and digital workflows to improve sourcing compliance
• Make vs Buy and Source of Supply: Support the business processes for Make vs Buy and Source of Supply such that we exceed a 150%+ programmatic funnel. This work is inclusive of business digital enablement and change management for all Solventum associated with the Inventory Carrying Value Project supporting direct procurement as well as other associated fast follow initiatives.
• Communication & Change Management: Serve as the primary communication bridge across departments, providing clear updates, managing stakeholder expectations, and ensuring project transparency at all levels.
• Requirements Gathering & Process Design: Lead the collection and synthesis of business and compliance requirements to support tool selection, process design, data collection, reporting and storage.
• Risk & Compliance Oversight: Ensure procurement projects adhere to medical device regulatory requirements and company compliance standards. Develop procedures/ processes to ensure procurement teams remain compliant with local and international regulations as applicable.
• Performance Measurement: Define KPIs, success metrics and governance for given projects. Track progress and report outcomes to executive leadership.

Your Skills and Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

Bachelor's degree and 7+ years of experience in procurement, supply chain, or project management roles, ideally within the medical device, life sciences, or regulated manufacturing industries.

Additional qualifications that could help you succeed even further in this role include:

• 3+ years of experience in procurement compliance
• 1+ year(s) of experience in analytics, business intelligence, or a data-related role, preferably in a procurement or supply chain setting.
• Knowledge of FDA/GxP compliance and ISO standards relevant to medical device manufacturing.
• Experience with ERP and procurement systems (e.g., SAP, Coupa, Ariba).
• Strong analytical and problem-solving abilities with a proactive mindset.
• Ability to thrive in a dynamic, rapidly evolving environment.
• Experience working with analytical tools (Power BI, Tableau, etc.)
• Lean manufacturing/ six sigma training
• Understanding of international sourcing and material compliance regulations
• Exceptional communication, stakeholder management, and organizational skills.
• Experience with project management tools and methodologies (e.g., Agile, Waterfall, Smartsheet, MS Project).
• Demonstrated ability to synthesize complex data into actionable strategies and decisions

Work location

Remote

Travel

May include up to 10% (domestic/international)

Relocation Assistance

May be 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

Solventum offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, Solventum 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 $143,200 - $196,900, 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.

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

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