Welcome to 3M, a global science and innovation company dedicated to improving lives through technology and creativity. We are currently seeking a highly motivated and skilled Sourcing Specialist to join our team. As a Sourcing Specialist at 3M, you will play a crucial role in identifying and securing the best suppliers and materials for our company. We are looking for someone with a strong background in procurement and supply chain management, as well as excellent communication and negotiation skills. If you are a proactive and driven individual who thrives in a fast-paced and dynamic environment, we encourage you to apply for this exciting opportunity.
- Develop and maintain relationships with suppliers to ensure a reliable and cost-effective supply chain for the company
- Conduct market research and analysis to identify potential suppliers and assess their capabilities and pricing
- Collaborate with cross-functional teams to understand the company's sourcing needs and develop sourcing strategies to meet those needs
- Negotiate contracts and terms with suppliers to ensure the best value for the company
- Monitor supplier performance and identify opportunities for improvement
- Manage and maintain supplier databases, contracts, and other related documentation
- Stay updated on industry trends and best practices in procurement and supply chain management
- Ensure compliance with company policies and procedures, as well as regulatory requirements, in all sourcing activities
- Participate in supplier audits and evaluations to ensure quality and ethical standards are met
- Communicate effectively with internal stakeholders and external suppliers to facilitate smooth and timely sourcing processes
Bachelor's Degree In Business Administration, Supply Chain Management, Or A Related Field.
Minimum Of 3 Years Of Experience In Sourcing, Procurement, Or Supply Chain Management.
Strong Negotiation Skills And Experience In Vendor Management.
Knowledge Of Global Sourcing Strategies And Supply Chain Best Practices.
Proficiency In Data Analysis And Knowledge Of Sourcing Software And Tools.
Risk Management
Data Analysis
Supply Chain Management
Contract Negotiation
Market analysis
Strategic Sourcing
Vendor relationship management
Cost Optimization
Negotiation Tactics
Cost-Benefit Analysis
Supplier Diversity
Communication
Conflict Resolution
Leadership
Time management
creativity
flexibility
Teamwork
Adaptability
Problem-Solving
Decision-making
According to JobzMall, the average salary range for a Sourcing Specialist is $50,000-$80,000 per year. However, this can vary depending on factors such as location, industry, and experience level. Some Sourcing Specialists may earn higher salaries, especially those with extensive experience and in-demand skills. On the other hand, entry-level Sourcing Specialists may earn lower salaries.
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The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.

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