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Procurement Analyst
3M Minnesota, MN
$70k-91k (estimate)
Full Time | Medical Technology 6 Days Ago
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3M is Hiring a Procurement Analyst Near Minnesota, MN

Job DescriptionJob Title: Procurement AnalystCollaborate with Innovative 3Mers Around the WorldChoosing 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 diversity 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.The Impact You’ll Make in this RoleThe person hired for the position of Procurement Analyst will provide analytical and application support for specific and well-defined Sourcing Operations areas in order to help drive operational excellence in the areas of service, speed, cost and working capital. The individual will also be a contributing team member in terms of helping to drive the growth engine for 3M. They may lead complex/critical processes in support of the Procurement Policy. They should follow basic Sourcing guidelines to monitor, measure, improve, analyze and implement Procurement processes and customer requirements in completing assignments. They also may lead implementation projects and provide direction to focused teams. The employee should perform work under general supervision.
As a Procurement Analyst, You Will Have The Opportunity To Tap Into Your Curiosity And Collaborate With Some Of The Most Innovative And Diverse People Around The World. Here, You Will Make An Impact By
  • Using Sourcing and Corporate analysis tools and applications to support Global Category Teams' sourcing activities and projects.
  • Developing and expanding your knowledge of strategic analysis, supplier and market analysis, benchmarking and sourcing effectiveness.
  • Representing Procurement on business unit and internal Sourcing cross-functional teams.
  • Increasing knowledge of Global Procurement strategies and activities to meet specific 3M internal business unit requirements through assigned activities and projects.
  • Identifying opportunities for process improvements that improve cost and service through analysis of sourcing information and metrics.
Your Skills And ExpertiseTo set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
  • Currently pursuing or possesses a Bachelor's degree from an accredited university (verified prior to start)
Additional qualifications that could help you succeed even further in this role include:
  • Current cumulative GPA of 3.0 or higher on a 4.0 scale
  • Previously completed an internship/co-op with 3M or another manufacturing company
  • Experience with business processes and systems functionality within Procurement and/or Sourcing
  • Intermediate (graphs, sorting data, basic formulas) proficiency with MS Excel
  • Experience working with cross-functional teams
  • Intermediate (hyperlinks, animation, org charts) proficiency with MS PowerPoint
  • Experience with Enterprise Resource Planning (ERP)
Work location:
  • Work Your Way Eligible (Employee choice to work remote, on site, or hybrid)
  • Maplewood, MN
Travel: May include up to [5% 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-being3M 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.
Chat with MaxFor 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.
Applicable to US Applicants Only:The expected compensation range for this position is $72,681 - $88,832, 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: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.
Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M’s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.
Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/
3M is an equal opportunity employer. 3M 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.
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.3M Global Terms of Use and Privacy StatementCarefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at 3M are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application, you will be asked to confirm your agreement with the terms.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Medical Technology

SALARY

$70k-91k (estimate)

POST DATE

05/28/2024

EXPIRATION DATE

06/22/2024

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The job skills required for Procurement Analyst include Procurement, Analysis, PowerPoint, ERP, Process Improvement, Flexibility, etc. Having related job skills and expertise will give you an advantage when applying to be a Procurement Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Procurement Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Procurement Analyst positions, which can be used as a reference in future career path planning. As a Procurement Analyst, it can be promoted into senior positions as a Gas Supply Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Analyst. You can explore the career advancement for a Procurement Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Procurement Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Procurement Analyst job description and responsibilities

Procurement analysts are typically required to have at least a bachelor’s degree.

01/31/2022: Bergenfield, NJ

They are responsible in determining supply needs and researching potential suppliers.

03/14/2022: Youngstown, OH

Also responsible I preparing cost-benefit analysis reports for review by managers.

02/17/2022: Santa Maria, CA

Procurement analysts evaluate products from vendors to determine which ones an organization should purchase.

02/18/2022: Salt Lake City, UT

Procurement analysts should be able to build relationships with vendors and make purchasing decisions.

02/27/2022: Monroe, LA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Procurement Analyst jobs

Develop financial procurement specialist skills.

03/21/2022: Parkersburg, WV

Procurement tactics negotiation skills.

03/18/2022: Bridgeport, CT

Knowledge of Data Analysis tools.

01/29/2022: Parkersburg, WV

Documenting business requirements is necessary and a must.

03/27/2022: Parkersburg, WV

Consider earning a master's degree.

03/29/2022: Asheville, NC

Step 3: View the best colleges and universities for Procurement Analyst.

Butler University
Taylor University
California State University--Maritime Academy
William Jessup University
Fairfield University
United States Merchant Marine Academy