Director, Procurement Excellence
Solventum
Minnesota, United States
See who Solventum has hired for this role
Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Job Description
3M Health Care is now Solventum
At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.
The Impact You’ll Make in this Role
As the Director of Procurement Excellence, in Solventum, you will be responsible for ensuring that the procurement practices are aligned with the business goals, industry standards, and best practices. In this role you will partner with the procurement teams across all areas of procurement to define and execute strategies on Responsible Procurement, Procurement Technology solution and roadmap, Source-to-Pay process and Reporting and Analytics. Accountable for meeting financial requirements such as Sarbanes-Oxley controls, internal business controls, and working capital expectations related to accounts payable or purchase order transaction management. You will implement best practices and drive continuous improvement initiatives across Solventum and the procurement function. This role will report directly to the Chief Procurement Officer.
Major Duties and Responsibilities
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.
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.
Solventum Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
terms.
Job Description
3M Health Care is now Solventum
At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.
We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.
The Impact You’ll Make in this Role
As the Director of Procurement Excellence, in Solventum, you will be responsible for ensuring that the procurement practices are aligned with the business goals, industry standards, and best practices. In this role you will partner with the procurement teams across all areas of procurement to define and execute strategies on Responsible Procurement, Procurement Technology solution and roadmap, Source-to-Pay process and Reporting and Analytics. Accountable for meeting financial requirements such as Sarbanes-Oxley controls, internal business controls, and working capital expectations related to accounts payable or purchase order transaction management. You will implement best practices and drive continuous improvement initiatives across Solventum and the procurement function. This role will report directly to the Chief Procurement Officer.
Major Duties and Responsibilities
- Consults with leadership team to set strategic direction and operating plans for Responsible Procurement, including ensuring Solventum’s third party vendor base is fulfilling all requirements around laws and regulations, country specific guidelines and our own guidelines. Manages all our supplier related ESG initiatives, in collaboration and alignment with our Sustainability Leader.
- Manages all Global Procurement policies and ensures creation and updating, distribution and adherence of / to them. Manages the safe digital storage and companywide enablement of said policies.
- Manages and ensures compliance to supplier requirements with regards to Government Contracting.
- Manages and ensures compliance to SOX controls for the Procurement area, including performing and documenting monthly controls.
- Manages and ensures compliance to Supplier Diversity goals and requirements.
- Consults with leadership team to set strategic direction and operating plans for Global Procurement Technology Stack, including but not limited to contract lifecycle management (CLM), spend cube, savings tracking tool, eCommerce platforms, R2P tools, risk management tools (incl. vendor site mapping), tail spend management, e-Sourcing (RFx, e-auction) tools, vendor enablement and communication.
- Manages the critical Buy-To-Pay Process for Direct and Indirect, including a changing landscape and diverse set of ERPs, R2P tools and e-Commerce platforms. Drives Buy-To-Pay performance improvements through our Global Service Center and outsourced solutions, including delivery of working capital goals related to accounts payable ledger or purchase order transaction management.
- Manages the Reporting & Analytics functions within Global Procurement.
- Has direct responsibility for functional strategic planning, including establishing and managing budgets for one or more departments in the immediate organization or the next higher organizational tier.
- Management responsibility usually encompasses several work groups/departments within one or more procurement areas. Determines priorities, timetables and assigns resources/tasks. Accountable for the activities and results of their functional area.
- Creates solutions for complex and multi-faceted problems, which requires ingenuity, creativity, innovation, and strong analytical skills.
- Resolves issues and conflicts related to direct reports.
- Has a significant business impact on the organization due to scope of responsibility and complexity of duties.
- Actively participates in relevant corporate programs/initiatives, complies with professional and quality standards, complies with corporate policies and procedures, and acts in a manner consistent with Solventum’s values and ethical standards. For all jobs that provide work direction to others, the following applies: Provides direct supervision to assigned employees through leadership, coaching, training and development, allocating work assignments, review of progress in achieving objectives, managing employee compensation, performance appraisals, diversity.
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:
- Bachelor Degree in Supply Chain or business related field
- 15+ Years of Managerial Experience
- 10+ Years of Procurement Leadership Experience
- Masters degree Supply chain or business related field from an accredited institution
- CPM and/or APICS certification
- Experience implementing significant improvements or establishing procurement industry best practices across functional areas.
- Experience from Buy-To-Pay and Accounts Payable processes are key
- Strong background in procurement technologies, including Source to Pay and third-party performance and risk management
- Leadership and governance of procurement processes and project teams
- Proven successful track record in leadership roles
- Strong communication and leadership skills dealing with a global cross-functional team
- People management & development
- Strong Change Management Skills
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.
Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.
Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.
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.
Solventum Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
terms.
-
Seniority level
Director -
Employment type
Full-time -
Job function
Purchasing and Supply Chain -
Industries
Medical Equipment Manufacturing
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