2026 Future Talent Program - Global Supplier Management Group Research & Development Sourcing and Procurement Co-op

MSD

121d • $39,600 - $105,500

About The Position

The Future Talent Program features Cooperative (Co-op) education that lasts up to 6 months and will include one or more projects. These opportunities in our Global Support Functions Division can provide you with great development and a chance to see if we are the right company for your long-term goals. Strategic Supplier Management is a rigorous, data-driven methodology which relies upon high quality market intelligence for suppliers, supply markets and supply chains, as well as strategic analysis and reporting of internal business requirements, supplier performance, spend and savings data. This role will support several facets of the Research and Development Sourcing & Procurement organization.

Requirements

• Currently in sophomore or junior level curriculum, pursuing a Bachelor’s degree in business (such as Finance or Management), Supply Chain Management, Manufacturing, Market Research, Communications or a Science-related discipline.
• Currently enrolled in an MBA program or other graduate program.
• Superior interpersonal skills with the demonstrated ability to work successfully on cross functional teams.
• Excellent verbal and written communication skills including ability to make clear and concise presentations.
• Strong data collection, analysis and reporting skills.
• Excellent project management skills.
• Ability to work independently with a high degree of flexibility and adaptability.
• Quick learner and motivated to cultivate technical, business and commercial skills.
• Proficient in Microsoft office suite (Excel, PowerPoint, Word).
• Demonstrated excellent academic achievement.
• Focus on process improvements and simplification.

Nice To Haves

• Prior pharmaceutical industry experience or any fortune 500 company experience.
• Experience with using SharePoint or other similar collaboration websites.
• Experience with TIBCO Spotfire or other data analytic/visualization tools.
• Experience with using Excel to manage large data sets.
• Knowledge of data collection methods (polls, focus groups, surveys).
• GPA 3.0.

Responsibilities

• Prepare and conduct market intelligence gathering and strategic analysis.
• Pre-negotiation planning, RFIs, RFP/Qs, and e-auctions.
• Quotation analysis and cost modeling.
• Financial solvency analysis, risk assessments, FCPA verification, and other compliance / due diligence assessments.
• Supplier performance monitoring and issue resolution.
• Budget planning process support and ongoing spend, savings, and compliance metrics reporting.
• Support strategic and operating objectives for the procurement function including product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity development, working capital improvement, and supplier relationship management.
• Work with cross functional teams including Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
• Conduct detailed market analyses looking at facts and data, with the objective of providing deep and meaningful insights.
• Implement procurement efforts and execute tactical procurement processes.
• Serve as a resource regarding processes, procedures and systems for procurement function.
• Support selection of suppliers to ensure appropriate savings and service levels.
• Ensure that all legal contract requirements are met.
• Manage relationships with external contacts to ensure optimal team performance.
• Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.
• Conduct rigorous market intelligence and detailed supplier and supply market analyses.
• Construct detailed cost models/purchase price analysis of goods and services.
• Monitor supplier performance, root cause investigation, issue management, risk assessment and mitigation.
• Prepare analysis and reporting of category spend, savings, compliance, and other metrics data on a monthly basis.
• Create detailed pre-negotiation plans and lead negotiation sessions with suppliers.
• Create and execute RFIs, RFPs, and e-Auctions.
• Conduct effective risk assessment and establish appropriate risk mitigation plans.
• Be an active member of one or more category teams.
• Generate work of world-class quality and share and transfer this to colleagues.
• Identify communications opportunities and provide guidance on communications best practices.

What This Job Offers

• Career Level: Intern
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees