2027 Future Talent Program - Global Strategic Sourcing - Intern

MerckRahway, NJ
$39,108 - $111,111Hybrid

About The Position

As a Global Strategic Sourcing Intern at our company's Animal Health Division, you will gain hands-on experience working alongside industry experts to develop and execute sourcing strategies that drive value, efficiency, and innovation across our global supply chain. This summer internship offers a unique opportunity to contribute to meaningful projects that support the health and well-being of animals worldwide. If you are eager to apply your analytical skills, collaborate in a dynamic environment, leverage cutting-edge digital technologies, and make a tangible impact, we invite you to join our team and help shape the future of animal health. At our company, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than a century, we’ve been at the forefront of research, bringing forward medicines, vaccines and innovative health solutions for the world’s most challenging diseases. The company is dedicated to preserving and improving the health, well-being and performance of animals and the people who care for them. The company’s innovative portfolio includes technology, products and solutions to help improve or enhance animal management and health outcomes across Livestock and Companion Animal species. Healthier animals mean a sustainable food supply, protection for humans against diseases passed from animals, and longer, healthier lives for pets.

Requirements

  • Current sophomore or junior pursuing a Bachelor of Science in Supply Chain Management, Business Analytics, Data Science, Finance, or a related business/technical discipline.
  • Must commit to hybrid, on-site employment for 10-12 weeks in the summer following the Spring Semester of 2027.

Nice To Haves

  • Previous experience in the pharmaceutical/animal health industry or within a Fortune 500 company preferred.
  • Demonstrated academic excellence.
  • Advanced proficiency in Microsoft Office applications, including Excel, PowerPoint, and Word.
  • A digital-first mindset with an interest or experience in leveraging emerging technologies, such as Generative AI, AI productivity tools (e.g., Co-pilot), or automated business workflows.
  • Strong personal integrity and ethical standards.
  • Excellent interpersonal and interaction skills, with the ability to engage effectively across all organizational levels and diverse teams.
  • Ability to work collaboratively in a team environment as well as independently, demonstrating accountability and initiative.
  • Outstanding verbal and written communication skills, including the ability to deliver clear and concise presentations.
  • Strong problem-solving and critical thinking abilities, with a results-oriented mindset to drive impactful outcomes.
  • Proven leadership potential and growth-oriented behaviors, including a commitment to continuous learning and development.
  • Quick learner with motivation to develop technical, business, and commercial expertise within a dynamic corporate environment.
  • High degree of flexibility and adaptability to navigate ambiguous and fast-changing situations.

Responsibilities

  • Conduct detailed supplier and supply market analysis using data, reports, and technology trends to provide deep insights for sourcing management.
  • Support the creation of sourcing strategies aligned with stakeholder business requirements to drive key performance indicators (KPIs) and maximize company value.
  • Develop detailed cost models and purchase price analyses of goods and services supplied to our company to understand cost structures and identify savings opportunities. Prepare reports on category spend, savings, compliance, and support annual budget/profit planning.
  • Assist in developing pre-negotiation plans, support negotiation sessions, and perform post-negotiation analysis and follow-up.
  • Support the creation and management of RFIs, RFPs, and e-Auctions, leveraging electronic procurement tools for structured analysis.
  • Assist in managing supplier contracts and commitments to ensure appropriate terms and compliance.
  • Support supplier agreements with embedded performance metrics, monitor KPIs, and assist in supplier performance improvement initiatives.
  • Leverage data analytics and visualization tools to analyze datasets, identify spend trends, and generate actionable insights that support strategic sourcing decisions.
  • Explore and evaluate emerging digital technologies and artificial intelligence solutions to help optimize supplier management workflows and support digital transformation initiatives.
  • Support sourcing and cross-functional projects by following project management processes and tools to track progress and communicate with stakeholders.
  • Conduct risk assessments including financial, compliance, and ethical considerations, and help implement mitigation plans aligned with risk management frameworks.
  • Produce high-quality work and share best practices across teams and regions to foster continuous improvement and collaboration.
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