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For Companies At a Glance
- Tasks: Analyse data and support procurement strategies to drive cost savings and growth.
- Company: Join 3M, a leader in innovation with a diverse and creative culture.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Why this job: Make an impact by leveraging data insights in a global procurement team.
- Qualifications: Bachelor's degree and experience in analytical roles; strong IT and communication skills.
- Other info: On-site role with a dynamic team and a focus on creativity and curiosity.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Commercial Analyst – Global Procurement (m/f/x)
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 and diverse 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, preferably from an accredited institution
- Professional experience in a similar analytical role supporting Procurement/Finance/Commercial/Supply Chain teams in a private, public, government or military environment.
- Fluent English language skills both written and verbal
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.
Job Specifics
- Work location: This role has an on-site working model, with the employee working at least four days per week at a 3M office in either Bracknell, UK, Neuss, Germany or Wroclaw, Poland
- Travel expectations:
- Working pattern – Full-time
Please provide your CV in English.
Does this opportunity and our innovative 3M culture align with your career aspirations?
If so, we encourage you to apply and embark on a journey of creativity and growth with us.
We look forward to hearing from you!
Resources for You
For more details on what happens before, during and after the interview process, check out the Insights for Candidates page at 3M.com/careers. If you have further questions please reach out to Max (our AI Virtual Assistant) via our Career Page.
Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M. 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. At 3M, we believe diversity & inclusion are essential to innovation. We seek and value differences in people! This Job ad is addressed to all potential candidates. As an equal opportunity employer 3M will not discriminate against any applicant for employment on the basis of race/ethnicity, nationality, religion, sex, gender identity, sexual orientation, pregnancy/maternity-related matters, age or disability, or any other relevant characteristic protected under applicable local 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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Commercial Analyst - Global Procurement (m/f/x) employer: 3M
Contact Detail:
3M Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Analyst - Global Procurement (m/f/x)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at 3M. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into 3M's culture and values. Show us how your curiosity and creativity align with our innovative spirit. We love candidates who can think outside the box!
✨Tip Number 3
Practice your data storytelling skills. As a Commercial Analyst, you'll need to present complex data clearly. Use visuals and examples to make your points pop during interviews.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you're serious about joining the 3M family.
We think you need these skills to ace Commercial Analyst - Global Procurement (m/f/x)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Commercial Analyst role. Highlight your analytical prowess and any relevant procurement experience to catch our eye!
Showcase Your Data Skills: Since this role involves a lot of data analysis, don’t shy away from showcasing your IT skills. Mention your proficiency in tools like Excel, SAP, and PowerBi, as well as any experience with AI tools for data analytics.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about procurement and how your curiosity drives your work. This is your chance to show off your personality and fit within our innovative culture!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team at 3M!
How to prepare for a job interview at 3M
✨Know Your Numbers
As a Commercial Analyst, you'll be dealing with a lot of data. Brush up on your financial acumen and be ready to discuss how you've used data analysis in past roles. Prepare specific examples where your insights led to cost savings or improved decision-making.
✨Master the Tools
Familiarise yourself with the tools mentioned in the job description, like Advanced Microsoft Excel, SAP, and PowerBi. If you can, practice using these tools to create data visualisations or perform analyses. Being able to demonstrate your proficiency will set you apart.
✨Showcase Your Curiosity
3M values curiosity and creativity. Be prepared to discuss how you've approached problems with an innovative mindset. Think of examples where you took the initiative to explore new ideas or solutions that benefited your team or organisation.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex data in simple terms. You might be asked to present your findings during the interview, so consider preparing a brief presentation that showcases your ability to create clear data visualisations.