2027 Future Talent Program - Global Supplier Management Group Indirect Procurement Marketing - Co-op

Merck•Upper Gwynedd Township, PA

14h•$39,908 - $111,111•Hybrid

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 Division can provide you with great development and a chance to see if we are the right company for your long-term goals. Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity, and teamwork of an individual like you. We strive to create an environment of mutual respect, encouragement and teamwork. As part of our global team, you will have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career. This role is in Marketing Procurement, which is part of the Indirect Sourcing & Operations Procurement organization under the Global Supplier Management Group. The team aims to deliver superior performance to the organization in the areas of value creation, supplier management, and supplier risk mitigation through strategic sourcing initiatives for all divisions and functions of the company. Marketing Procurement Co-Op positions would be in one or two of the following: Creative, Public Relations & Global Communications, Media, Market Research or Marketing Operations.

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 (Engineering, Statistics, Biology, Chemistry, Biochemistry or Bioengineering).
Superior interpersonal skills with the demonstrated ability to work successfully on cross functional teams
Possess excellent verbal and written communication skills including ability to make clear and concise presentations, sensitivity to cultural differences in communication
Strong data collection, analysis and reporting skills
Excellent project management skills
Ability to work independently with a high degree of flexibility and adaptability to deal with ambiguous and dynamic situations
Quick learner and motivated to cultivate technical, business and commercial skills by applying their knowledge within our company’s environment
Experience with SharePoint and Enterprise Social Media (specifically Teams, Yammer), and familiarity with principles of business communication, marketing and/or journalism.
Proficient in Microsoft office suite (Excel, PowerPoint, Word)
Demonstrated excellent academic achievement

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

Responsibilities

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 and to take appropriate actions by implementing contract negotiation, communication with suppliers and/or or modifying procedure to ensure customer satisfaction.
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, to provide deep and meaningful insight to Sourcing teams.
Construct detailed cost models/purchase price analysis of goods and services that are supplied to our company.
Supplier performance monitoring, root cause investigation, issue management, risk assessment and mitigation
Conduct project analysis which transforms the information gathered from market and cost analysis into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Referencing, and Day One Sourcing.
Prepare analysis and reporting of category spend, savings, compliance, and other metrics data on a monthly basis. Support the annual budget / profit planning process for the category at the global level. Maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis.
Create detailed pre-negotiation plans, lead and participate any prolonged negotiation sessions with suppliers and conduct post negotiation debriefs and follow through plans.
Create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes.
Conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to our company Manufacturing Division's risk management framework.
Be an active member of one or more category teams using the techniques and content created in above as input in the creation of breakthrough strategies delivering cost reduction targets.
Generate work of world-class quality and to share and transfer this to colleagues throughout GSMG