Commercial Analyst - Global Procurement

3M

104d • $122,292 - $149,468

About The Position

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.

Requirements

• 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.

Nice To Haves

• 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.

Responsibilities

• 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.

Benefits

• Medical, Dental & Vision
• Health Savings Accounts
• Health Care & Dependent Care Flexible Spending Accounts
• Disability Benefits
• Life Insurance
• Voluntary Benefits
• Paid Absences
• Retirement Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree