Director, Capital Equipment Procurement

As the Director of Capital Equipment Procurement at 3M, you will play a critical role in driving our company's success by overseeing the procurement of vital equipment for our operations. Your leadership and strategic thinking will be crucial in ensuring that we have the necessary tools and resources to continue innovating and delivering top-quality products to our customers. We are seeking a highly experienced professional with a strong background in procurement and a proven track record of success in managing complex capital equipment purchases. If you are a dynamic and results-driven individual with a passion for driving operational efficiency, we encourage you to apply for this exciting opportunity.

1. Develop and implement procurement strategies for capital equipment that align with the company's overall goals and objectives.
2. Oversee the entire procurement process, from identifying equipment needs to negotiating contracts and finalizing purchases.
3. Research and evaluate potential equipment suppliers to ensure quality, reliability, and cost-effectiveness.
4. Collaborate with internal stakeholders, such as department heads and budget managers, to understand equipment needs and budget constraints.
5. Lead and manage a team of procurement professionals to ensure efficient and effective execution of procurement activities.
6. Monitor market trends and developments in the capital equipment industry to identify potential cost-saving opportunities and improve procurement processes.
7. Establish and maintain strong relationships with suppliers to ensure timely and high-quality delivery of equipment.
8. Develop and maintain procurement policies and procedures to ensure compliance with company standards and legal requirements.
9. Prepare and present reports on procurement activities, including budgeting, forecasting, and cost analysis, to senior management.
10. Continuously evaluate and improve procurement processes and systems to increase efficiency and reduce costs.
11. Communicate and collaborate with cross-functional teams, including engineering, finance, and operations, to ensure alignment and efficient execution of procurement activities.
12. Stay updated on industry best practices and technologies to drive innovation and improvement in the procurement process.
13. Keep abreast of changing regulations and laws related to procurement and ensure compliance.
14. Represent the company in negotiations with suppliers to secure the best terms and pricing.
15. Foster a culture of continuous improvement, accountability, and teamwork within the procurement department.

According to JobzMall, the average salary range for a Director, Capital Equipment Procurement is between $130,000 and $180,000 per year. This may vary depending on the industry, location, and experience of the individual. Factors such as bonuses, benefits, and company size may also impact the salary range.

The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.