2027 Future Talent Program - Global Supplier Management Group Direct Procurement Global Operations Sourcing Co-op
About The Position
The Future Talent Program offers cooperative education opportunities lasting up to six months and including one or more projects. This Global Support Division co-op is within the Global Supplier Management Group’s Direct Procurement organization. Strategic Supplier Management uses high-quality supplier, supply-market, and supply-chain intelligence, along with analysis of business requirements, supplier performance, spend, and savings data. The co-op may support projects in market intelligence and strategic analysis, pre-negotiation planning, RFIs and RFPs, e-auctions, quotation analysis and cost modeling, financial solvency analysis, risk assessments, compliance and due diligence, supplier performance monitoring, issue resolution, budget planning, and reporting of spend, savings, and compliance metrics. Work may also focus on digitization and data analytics. Direct Materials Sourcing & Procurement develops and implements supplier management strategies and initiatives and CapEx programs, improving cost, supplier performance, and working capital in support of product manufacture and supply. The co-op supports procurement objectives through analysis, sourcing strategy and execution, cross-functional collaboration, supplier management, and policy compliance. The position is hybrid, is an Intern/Co-op (Fixed Term), and does not include relocation or required travel.
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; alternatively, currently enrolled in an MBA program.
- Strong interpersonal skills and demonstrated ability to work successfully on cross-functional teams.
- Excellent verbal and written communication skills, including the ability to deliver clear and concise presentations.
- Ability to communicate sensitively across cultural differences; experience with SharePoint and enterprise social media, specifically Yammer; and familiarity with business communication, marketing, and/or journalism principles.
- 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 quickly and develop technical, business, and commercial skills by applying knowledge in the company environment.
- Proficiency in Microsoft Office, including Excel, PowerPoint, and Word.
- Demonstrated excellent academic achievement.
Nice To Haves
- GPA of 3.0.
- Prior pharmaceutical industry experience or experience at a Fortune 500 company.
- Completion of two or more internships or co-ops.
- Experience with MS Teams, SharePoint, or similar collaboration websites.
- Experience with Power BI, Qlik, or other data analytics or visualization tools.
- Experience using Excel to manage large data sets.
- Ability to turn information into presentations for stakeholders and colleagues.
- Knowledge of data collection methods such as polls, focus groups, and surveys.
Responsibilities
- Support procurement objectives related to product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity, 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, fact- and data-based market analyses to provide meaningful insights.
- Implement procurement strategies and execute tactical procurement processes; serve as a resource on procurement processes, procedures, and systems.
- Support supplier selection to achieve appropriate savings and service levels, ensure legal contract requirements are met, and manage relationships with selected external contacts.
- Promote compliance with Global Procurement policies and procedures using data-driven business cases.
- Conduct supplier and supply-market intelligence and analysis for sourcing teams.
- Construct cost models and purchase-price analyses, sometimes through supplier visits, and identify cost-reduction opportunities.
- Analyze projects and develop structured sourcing options and opportunities, including portfolio analysis, supplier preferencing, and Day One Sourcing.
- Prepare category spend, savings, compliance, and other financial reporting; support global annual budget and profit planning; and maintain current financial reporting and management-system data, including in SAP.
- Develop pre-negotiation plans, support and participate in supplier negotiations, and conduct post-negotiation debriefs and follow-through.
- Create and execute RFIs, RFPs, and e-auctions, and analyze resulting information using electronic procurement processes where possible.
- Assess supply-base risks, including financial solvency and compliance risks, and establish mitigation plans under the Manufacturing Division risk management framework.
- Participate in category teams and contribute analyses and techniques to strategies targeting cost reduction.
- Produce high-quality work and share learnings with colleagues.
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What This Job Offers
Career Level
Intern
