Welcome to 3M, a global leader in innovative technology and products. We are currently seeking a highly qualified individual to join our team as a Global Sourcing Counsel. As the Global Sourcing Counsel, you will have the opportunity to work with cross-functional teams to strategically source and negotiate contracts for our global supply chain. We are looking for a candidate who is passionate about sourcing, has strong communication and negotiation skills, and is able to thrive in a fast-paced, dynamic environment. If you are a self-motivated individual with a legal background and experience in global sourcing, we encourage you to apply for this exciting opportunity at 3M.
- Develop and implement global sourcing strategies to enhance the efficiency and effectiveness of the supply chain.
- Collaborate with cross-functional teams to identify sourcing needs and requirements.
- Conduct market research and analysis to identify potential suppliers and negotiate contracts.
- Monitor supplier performance and manage relationships to ensure high quality and timely delivery of goods and services.
- Mitigate risks and ensure compliance with legal and ethical standards in all sourcing activities.
- Keep up-to-date with industry trends and changes in global sourcing regulations to ensure best practices.
- Communicate and present sourcing strategies and recommendations to senior management.
- Lead and participate in contract negotiations with suppliers to obtain favorable terms and pricing.
- Review and analyze supplier proposals and contracts to ensure alignment with company goals and objectives.
- Develop and maintain strong relationships with key stakeholders, both internally and externally.
- Provide guidance and support to other team members in sourcing-related matters.
- Monitor and report on sourcing metrics and key performance indicators.
- Identify areas for process improvement and implement solutions to increase efficiency and reduce costs.
- Stay informed on emerging technologies and trends in the global sourcing industry.
- Represent the company in a professional and ethical manner at all times.
Extensive Knowledge Of Global Sourcing Practices: A Successful Global Sourcing Counsel At 3M Must Have A Deep Understanding Of Global Sourcing Strategies, Processes, And Best Practices. This Includes Knowledge Of International Trade Laws And Regulations, Supply Chain Management, And Supplier Relationship Management.
Strong Negotiation Skills: One Of The Key Responsibilities Of A Global Sourcing Counsel Is To Negotiate Contracts And Agreements With Suppliers From Different Countries. This Requires Excellent Negotiation Skills, Including The Ability To Understand And Navigate Cultural Differences.
Legal Expertise: As A Global Sourcing Counsel, One Must Have A Strong Background In Commercial Law And Contract Negotiation. This Includes Knowledge Of International Trade Laws, Intellectual Property Rights, And Contract Drafting And Review.
Multilingual Proficiency: With 3M's Global Presence, The Ability To Communicate Effectively In Multiple Languages Is Crucial For A Global Sourcing Counsel. Fluency In Languages Such As Mandarin, Spanish, And German Can Be A Valuable Asset In Negotiating With Suppliers From Different Countries.
Experience In Cross-Functional Collaboration: The Role Of A Global Sourcing Counsel Requires Working Closely With Various Departments Within 3M, Such As Procurement, Finance, And Legal Teams. Therefore, Candidates Must Have Experience Collaborating With Cross-Functional Teams And The Ability To Build Strong Working Relationships.
Vendor Management
Supply Chain Management
Contract Negotiation
Risk assessment
Market analysis
Strategic Sourcing
Cost reduction
Due Diligence
Cross-Cultural Communication
Legal Expertise
International Trade
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Global Sourcing Counsel is $120,000-$160,000 per year. This can vary depending on the specific company, location, and level of experience. Some senior level positions in this field can earn upwards of $200,000 per year.
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The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods.

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