Strategic Sourcing Intern

Life Time Inc.

7d•$18 - $24

About The Position

As a Procurement intern at Life Time it is an opportunity to develop and implement critical/ strategic business solutions. This process lends itself to autonomy in setting agenda, workflow and output, where the individual will have the full support and backing of the manager and the broader Procurement team. You will have the opportunity to become an instrumental part of the total organizations supply chain activities, reporting, analytics, supplier negotiations, project implementation, internal business stakeholder engagement, and supplier management. Previous Intern Projects have included: Independently conducted and managed competitive bid processes (RFx event) for key strategic spend categories Supplier optimization project to materially reduce the number of preferred suppliers in our supplier master catalog for efficiency and consolidation purposes Individual managed a project to expand the organizations diverse supplier network Strategically sourced eco-friendly products for company-wide sustainability initiatives Led an enterprise-wide project to expand recycling and composting across all locations Individual developed an alternative solution to a traditional delivery process further reducing our plastic consumption while decreasing labor expenses

Requirements

Currently enrolled as a Junior, Senior or Graduate student at an accredited college/university, earning a Bachelor's or Master's degree in Business Administration, Supply Chain Logistics, Economics, Finance or related field.
Currently maintaining a GPA of 2.0 or higher
Must possess a passion for Life Time's mission
Strong computer skills including Microsoft Word, Excel and PowerPoint
Excellent communication and leadership skills
Ability to take ownership and drive projects to completion with minimal supervision
Professional demeanor, focused, articulate, and well organized
Highly motivated self-starter
Ability to give/receive constructive feedback
Ability to work in an unstructured environment with the ability to make tradeoff decisions quickly

Responsibilities

Perform data analysis to identify opportunities for cost reduction and value creation (improved quality, cost, service, and compliance)
Perform liaison work between Procurement and key clients, ensuring efficient supply chain methods
Provide support for sourcing projects including data analysis and supplier interface
Facilitate supplier presentations
Develop and execute competitive bids (RFx events); participate in supplier negotiations
Perform external market assessment and opportunity analysis
Develop and manage stakeholder and supplier relationships and contract implementations
Develop and execute sourcing strategies in alignment with business initiatives and priorities
Participate in organization-wide ESG (Environment Social Governance) initiatives

Benefits

All team members receive the following benefits while working for Life Time:
A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold