Commercial Analyst - Global Procurement (m/f/x)

3M; Bracknell; On-site; GBP 40,000 - 55,000; Full time

Job summary

A multinational corporation in Bracknell is seeking a Commercial Analyst to support 3rd Party Manufacturing within Global Procurement. The role involves analyzing spend data, identifying market trends, and supporting procurement operations. The ideal candidate has a Bachelor's degree and experience in a similar analytical role, along with strong communication and IT skills. This position requires on-site presence at least four days a week.

Qualifications

• Professional experience in an analytical role supporting Procurement/Finance/Commercial/Supply Chain.
• Strong financial acumen and ability to interpret complex data.
• Initiative and self-starter with a positive approach.

Responsibilities

• Provide spend analysis and market analysis for the Procurement team.
• Research procurement category related data to identify trends.
• Support monthly Procurement Ops reviews and presentations.

Skills

Analytical skills

Communication skills

Fluent English

Data visualization

Education

Bachelor's degree in business or related field

Tools

Microsoft Excel

SAP

PowerBi

PowerPoint

Job description

3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

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 analyzing 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 modeling, 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

We are an equal opportunity employer and 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.