Procurement Manager
Solventum
Summary
This position will be responsible for providing Strategic Procurement support to Solventum serving as a Procurement Manager in support of flexible packaging, which is part of the Direct Material organization. This position will be responsible for driving sourcing policies and best practices while ensuring the Procurement team meets its cost savings, cash and contracting goals by performing program management, conducting competitive bids, negotiations while aligning and executing against category strategies.
Job description
The Impact You'll Make in this Role
This position will be responsible for providing Strategic Procurement support to Solventum serving as a Procurement Manager in support of flexible packaging, which is part of the Direct Material organization. This position will be responsible for driving sourcing policies and best practices while ensuring the Procurement team meets its cost savings, cash and contracting goals by performing program management, conducting competitive bids, negotiations while aligning and executing against category strategies.
- Development and implement global procurement strategies to ensure business continuity and value creation
- Establish and manage supplier relationships that ensure cost and service benefits to the corporation
- Research and understand the short and long-term market outlook for assigned projects, materials or categories
- Support complex contract negotiations, holding suppliers accountable to competitive prices, high quality and best-in-class service
- Lead complex projects as well as initiatives that have a high value and broad implication to the corporation
- Identify and implement opportunities for process improvements that improve service, speed or cost, through analysis of sourcing information and metrics
- Minimizes the total product and process cost by leading cost-reduction efforts and facilitating the implementation of innovative sourcing best practices
Your Skills and Expertise
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
- Bachelor's degree or higher and seven (7) years of experience in procurement, logistics, supply chain, sales, engineering and/or manufacturing experience in a private, public, government, or military environment
- Or High School Diploma/GED and fourteen (14) years of experience in procurement, logistics, supply chain, sales, engineering and/or manufacturing experience in a private, public, government, or military environment
Additional qualifications that could help you succeed even further in this role include:
- Strong oral and written communication skills
- Negotiation skills with attention to detail
- Problem solving, critical thinking and analytical skills; ability to root-cause problems and quickly articulate creative, practical solutions
- Stakeholder management/influencing skills at a senior level
- Proven track record as a self-starter, collaborative, and team player
Work location: Remote-United States. Travel: May include up to 20% domestic/international. Relocation Assistance: May be authorized. Must be legally authorized to work in country of employment without sponsorship for employment visa status.
Requirements
- Bachelor's degree or higher and seven (7) years of experience in procurement, logistics, supply chain, sales, engineering and/or manufacturing in a private, public, government, or military environment
- Or High School Diploma/GED and fourteen (14) years of experience in procurement, logistics, supply chain, sales, engineering and/or manufacturing in a private, public, government, or military environment
- Strong oral and written communication skills
- Negotiation skills with attention to detail
- Problem solving, critical thinking and analytical skills
- Stakeholder management/influencing skills at a senior level
- Self-starter, collaborative, and team player
- Must be legally authorized to work in country of employment without sponsorship for employment visa status
Benefits
- Medical, Dental & Vision
- Health Savings Accounts
- Health Care FSA
- Dependent Care FSA
- Disability Benefits
- Life Insurance
- Voluntary Benefits
- Paid Absences
- Retirement Benefits
Company overview
Solventum Corporation is an American healthcare company that was spun off from 3M on April 1, 2024, as an independent publicly traded entity listed on the NYSE under the ticker SOLV. The company represents the healthcare division of the former 3M conglomerate, focusing on advanced medical solutions across several key therapeutic areas. Solventum operates in wound care, oral care, health informatics, and biopharmaceutical filtration markets, with a portfolio that includes well-known brands such as Tegaderm, Nexcare, and other medical device products. With approximately 22,000 employees and headquarters in Maplewood, Minnesota, the company generated $8.25 billion in revenue in 2024. Solventum's mission centers on enabling better, smarter, and safer healthcare through innovative solutions at the intersection of health, materials, and data science. The company continues to expand its portfolio through strategic acquisitions, such as the recent agreement to acquire Acera Surgical for $725 million to enhance its regenerative wound care capabilities.