Procurement Specialist

3M; Bengaluru; Hybrid; INR 2,600,000 - 4,200,000; Full time

Job summary

3M is seeking a Procurement Specialist for Pack out in Bengaluru. You will collaborate with cross-functional teams and manage supplier relationships to achieve cost savings and growth objectives. The role requires hands-on negotiation, NPI support, and robust sourcing strategies across the supply chain.

The position emphasizes strategic category development, stakeholder engagement, and data-driven decision making to optimize procurement outcomes. Hybrid work setup in Bangalore.

Qualifications

• Bachelor’s degree or higher completed and verified before start.
• 7+ years of professional experience including 5+ years in sourcing, procurement, supply chain, engineering, and/or manufacturing
• Experience in procurement with third-party manufacturing or similar environments, with strong negotiation and contracting skills.

Responsibilities

• Develop and implement category strategies for Pack out to meet cost and growth objectives.
• Build partnerships with suppliers and internal stakeholders across Manufacturing, R&D, Marketing, Finance, and Supply Chain Operations.
• Drive cost reduction and process improvements using procurement best practices and data analysis.
• Lead supplier selection, manage relationships, and coordinate negotiations including NPI launches.
• Identify solutions for complex sourcing challenges, including dual-sourcing, VMI, consigned materials, and formula-based pricing.

Skills

Procurement

Sourcing

Negotiation

Supply Chain

Contracting

Education

Bachelor’s degree

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

As the Procurement Specialist for Pack out, 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.

The Impact You’ll Make in this Role

• Develop and implement AMERICAS Pack Out Services category strategies to support Procurement cost, cash, and growth objectives.
• Build strong partnerships with suppliers and internal stakeholders, including Manufacturing, R&D, Marketing, Finance, and Supply Chain Operations.
• Drive cost reduction and process improvement initiatives by applying innovative Procurement best practices and leveraging data, metrics, and analysis.
• Lead supplier selection, manage supplier relationships, and serve as the primary point of contact for 3M, including negotiations and support for effective NPI launches.
• Identify and implement solutions for complex sourcing and supply challenges, including dual-sourcing, category strategy, supplier management, and negotiation of agreements such as VMI, consigned materials, and formula-based pricing.

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 (completed and verified prior to start).
• Overall 7+ years of professional experience, including 5+ years of relevant experience in Sourcing, Procurement, Supply Chain, Engineering, and/or Manufacturing
• Experience in Procurement, including work with third-party manufacturing or similar environments, along with strong negotiation and contracting skills.

Additional qualifications that could help you succeed even further in this role include:

• Initiative-driven self-starter with a positive and proactive approach
• Project management experience with a proven ability to collaborate successfully on complex projects
• Strong stakeholder engagement skills, with the ability to work effectively across all organizational levels
• Excellent written and verbal communication skills, supported by financial acumen and comfort with business analytics

Location: Bangalore (Hebbal), Hybrid Mode

Supporting Your Well-being

3M 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.
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.