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.
- Other info: On-site role with a dynamic team and a focus on creativity and curiosity.
- 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.
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
3M is an exceptional employer that fosters a culture of innovation and creativity, allowing employees to explore their talents in impactful ways. With a strong commitment to diversity and inclusion, 3M provides ample opportunities for professional growth and development, particularly in the dynamic environment of Global Procurement. Working in Bracknell, UK, employees benefit from a collaborative atmosphere and access to cutting-edge resources, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Analyst - Global Procurement (m/f/x)
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like 3M.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Commercial Analyst - Global Procurement (m/f/x)
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to 3M:Your cover letter should read like you’re chatting directly to 3M. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like 3M.
How to prepare for a job interview at 3M
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at 3M!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at 3M. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into 3M's culture.
