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Commercial Analyst - Global Procurement

Commercial Analyst - Global Procurement

3MSaint Paul, MN, US
2 days ago
Job type
  • Full-time
Job description

Commercial Analyst - Global 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. As the Commercial Analyst supporting the 3rd Party Manufacturing (3PM) team within Global Procurement, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world. Working within the 3rd Party Manufacturing team, you will create, support and implement category strategies to ensure the Procurement organization and 3M meet its cost savings, growth and working capital goals by leading negotiations, being part of effective NPI launches, and managing complex supplier relationships.

Here at 3M, you will make an impact by :

  • Providing spend analysis, opportunity analysis, supplier / market analysis, preparation of business cases and RFx analysis for the 3PM Procurement team and wider internal 3PM stakeholders.
  • Researching and analyze procurement category related data from various sources (ERP, Supplier Intelligence, Market Intelligence, Indexes / Feedstocks, etc) to identify trends, performance, risks, opportunities, to aid with data-driven decision making.
  • Leveraging data-driven insights to build should cost modelling, unlock structural saving opportunities, enhance decision making, maximize saving delivery. Identifying commercial opportunities / improvements within our existing contractual partnerships.
  • Supporting weekly / monthly Category reporting across its defined KPIs.
  • Supporting monthly Procurement Ops reviews, and exec presentations as needed. Supporting category teams with complex commercial relationships that cover VMI (vendor managed inventory), consigned materials, formula-based pricing, etc.
  • Ad-hoc support for other procurement workstreams such as supplier reviews, tendering, supplier data segmentation, etc.

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 in business, or a related field, (completed and verified prior to start) from an accredited institution
  • Proficient experience in a similar analytical role supporting Procurement / Finance / Commercial / Supply Chain teams in a private, public, government or military environment
  • Additional qualifications that could help you succeed even further in this role include :

  • Strong financial acumen, mathematical and statistical knowledge with an ability to interpret complex data.
  • Strong IT skills, including Advanced Microsoft Excel Skills, SAP, PowerBi, PowerPoint etc.
  • Knowledge and experience leveraging AI tools to support data analytics.
  • Initiative, self-starter with a positive & pro-active approach
  • Strong communication skills including ability to create clear data visualizations
  • Location : On site in Maplewood, MN at least 4 days a week

    Travel : May include up to 10% domestic

    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

    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.

    For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com / careers.

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    Procurement Analyst • Saint Paul, MN, US

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