2027 Future Talent Program - Global Supplier Management Group Indirect Procurement Marketing - Co-op
About The Position
The Future Talent Program offers cooperative education opportunities lasting up to six months and involving one or more projects. This position is in Marketing Procurement, within the Indirect Sourcing & Operations Procurement organization under the Global Supplier Management Group. The team supports value creation, supplier management, and supplier risk mitigation through strategic sourcing initiatives across company divisions and functions. Co-op assignments may be in Creative, Public Relations & Global Communications, Media, Market Research, or Marketing Operations. The co-op supports procurement strategy and operations through sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity, working capital improvement, and supplier relationship management. The role works with internal cross-functional partners and external suppliers, conducts market and supplier analyses, supports procurement processes and supplier selection, and helps ensure savings, service levels, contractual requirements, and compliance with procurement policies. Additional work may include cost modeling and price analysis; supplier performance monitoring and risk mitigation; strategic and financial analysis and reporting; negotiation planning and participation; development and execution of RFIs, RFPs, and e-auctions; category team participation; and sharing work and learnings with colleagues. The position is a fixed-term intern/co-op role with hybrid work arrangements. Relocation and travel are not required.
Requirements
- Currently a sophomore or junior pursuing a bachelor's degree in business (such as Finance or Management), Supply Chain Management, Manufacturing, Market Research, Communications, or a science-related discipline such as Engineering, Statistics, Biology, Chemistry, Biochemistry, or Bioengineering.
- Superior interpersonal skills and demonstrated ability to work successfully on cross-functional teams.
- Excellent verbal and written communication skills, including the ability to make clear and concise presentations and sensitivity to cultural differences in communication.
- Strong data collection, analysis, and reporting skills.
- Excellent project management skills.
- Ability to work independently with flexibility and adaptability in ambiguous and dynamic situations.
- Ability and motivation to learn and develop technical, business, and commercial skills.
- Experience with SharePoint and enterprise social media, specifically Teams and Yammer, and familiarity with business communication, marketing, and/or journalism principles.
- Proficiency with Microsoft Office, including Excel, PowerPoint, and Word.
- Demonstrated excellent academic achievement.
Nice To Haves
- Prior pharmaceutical industry experience or experience at a Fortune 500 company.
- Experience with SharePoint or similar collaboration websites.
- Experience with TIBCO Spotfire or other data analytics or visualization tools.
- Experience using Excel to manage large data sets.
Responsibilities
- Support procurement objectives involving product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity development, working capital improvement, and supplier relationship management.
- Collaborate with Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
- Conduct market intelligence and detailed supplier and supply market analyses to provide insights to sourcing teams.
- Build cost models and conduct purchase price analyses for goods and services.
- Monitor supplier performance, investigate root causes, manage issues, and assess and mitigate risks.
- Conduct strategic project analysis, including portfolio analysis, supplier referencing, and Day One Sourcing.
- Prepare monthly analysis and reporting on category spend, savings, compliance, and other metrics; support annual budget and profit planning; and maintain financial reporting systems, including SAP, with current data.
- Develop pre-negotiation plans, lead or participate in supplier negotiation sessions, and conduct post-negotiation debriefs and follow-through.
- Create and execute RFIs, RFPs, and e-auctions, and analyze information using electronic procurement processes where possible.
- Assess risks, including financial solvency and compliance with FCPA and the Business Partner Code of Conduct, and establish appropriate supply-base mitigation plans.
- Participate actively in one or more category teams and contribute to strategies that deliver cost-reduction targets.
- Produce high-quality work and share learnings with colleagues throughout GSMG.
- Support supplier selection to achieve appropriate savings and service levels, meet legal contract requirements, and maintain supplier relationships and customer satisfaction.
- Implement procurement efforts and tactical processes, serve as a resource on procurement processes, procedures, and systems, and support compliance with Global Procurement policies and procedures.
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What This Job Offers
Career Level
Intern
