Sourcing Specialist

1 day ago

IN Bangalore Kar 3M Full time US$ 60,000 - US$ 1,20,000 per year
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:

About the Role

The Sourcing Specialist – 3rd Party Manufacturing (3PM) is responsible for developing and executing sourcing strategies for external manufacturing partners supporting 3M's product portfolio in India. The role involves managing end-to-end supplier engagement — from identifying capable partners to ensuring cost competitiveness, supply continuity, and compliance with 3M quality and ethical standards

.

You will collaborate cross-functionally with Manufacturing, Quality, Supply Chain, Finance, and Business Teams to drive strategic sourcing initiatives and deliver value through supplier performance, innovation, and operational excellence.

Key Responsibilities

  • Strategic Partner Management:
    Identify, qualify, and onboard 3rd Party Manufacturers aligned with business needs and product categories. Establish long-term partnerships to support growth, innovation, and cost objectives.

  • Cost and Contract Management:
    Drive cost optimization through competitive sourcing, value engineering, and negotiation of commercial terms. Manage contracts ensuring legal, commercial, and compliance alignment.

  • Supplier Relationship & Performance:
    Monitor supplier performance (cost, quality, delivery, service), lead quarterly reviews, and drive continuous improvement actions with partners.

  • Cross-Functional Collaboration:
    Partner with technical, manufacturing, and quality teams to ensure supplier capability for new product introductions, process transfer, and regulatory compliance.

  • Risk & Compliance:
    Ensure all 3PMs adhere to 3M's EHS, sustainability, and ethical standards. Conduct supplier audits and risk assessments proactively.

  • Market Intelligence & Benchmarking:
    Track market trends, raw material pricing, and supplier landscape to build a resilient and cost-competitive external manufacturing network.

  • Project Management:
    Lead sourcing transitions, capacity expansions, and cost improvement projects across categories.

Qualifications & Experience

  • Education: Bachelor's degree in Engineering, Supply Chain, or related field. MBA preferred.

  • Experience: 12–15 years of experience in sourcing or procurement, with at least 4–5 years in 3rd Party / Contract Manufacturing sourcing.

  • Industry Background: Preferred experience in manufacturing sectors like Consumer, Healthcare, Chemical, Industrial, or FMCG.

  • Technical Skills: Strong understanding of manufacturing processes, costing principles, supplier audits, and contract management.

  • Soft Skills: Excellent stakeholder management, negotiation, analytical, and communication skills.

Key Competencies

  • Strategic Sourcing & Supplier Development

  • Contract & Cost Management

  • Project Leadership & Execution

  • Cross-functional Collaboration

  • Risk and Compliance Governance

  • Business Acumen & Decision Making

Learn more about 3M's creative solutions to the world's problems at 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.

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.

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