Job Description

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. To this end, 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. Strategic Supplier Management is a rigorous, data-driven methodology which relies upon high-quality market intelligence for suppliers, supply markets and supply chains, as well as strategic analysis and reporting of internal business requirements, supplier performance, spend and savings data. Co-Op positions generally last 5-6 months and will include multiple projects.

The successful candidate may support projects or programs with the following characteristics: gathers market intelligence and prepares and conducts strategic analysis; pre-negotiation planning; RFIs, RFP/Qs, e-auctions; quotation analysis and cost modeling; financial solvency analysis; risk assessments; understands FCPA verification and other compliance / due diligence assessments; supplier performance monitoring and issue resolution; budget planning process support and ongoing spend, savings, and compliance metrics reporting. The role may also focus on digitization and data analytics.

General 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 strategies 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 selected external contacts to ensure optimal team performance.
• Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.

Additional responsibilities are as follows:

• Supplier and Supply Market Analysis – To conduct rigorous market intelligence and detailed supplier and supply market analyses, to provide deep and meaningful insight to sourcing teams.
• Cost Modeling / Cost reduction – To construct detailed cost models/purchase price analysis of goods and services that are supplied to our company.
• Strategic Analysis – To conduct project analysis which transforms information into insightful, well-structured breakthrough options and opportunities.
• Financial Analysis & Reporting – To prepare analysis and reporting of category spend, savings, compliance, and other metrics.
• Negotiation Planning – To create detailed pre-negotiation plans, to support and participate in prolonged negotiation sessions with suppliers.
• Sourcing – To create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes.
• Risk Assessment and Mitigation – To conduct effective risk assessment and establish appropriate risk mitigation plans within the supply-base.
• Category Team Membership – To be an active member of one or more category teams.
• Sharing of Learnings – The candidate will be expected to generate high quality work and to share and transfer this to colleagues throughout GSMG.

Education Minimum Requirement:

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). Or currently enrolled in an MBA program.

Required Experience and Skills:

• 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.
• 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.
• Proficient in Microsoft office suite (Excel, PowerPoint, Word).
• Demonstrated excellent academic achievement.

Preferred Experience and Skills:

• GPA 3.0.
• Prior pharmaceutical industry experience or any fortune 500 company experience.
• Experience with using MS Teams, SharePoint or other similar collaboration websites.
• Experience with Power BI, Qlik or other data analytic/visualization tools.
• Knowledge of data collection methods (polls, focus groups, surveys).

Please note that this position may be closed before the posted end date or may remain open longer, at the discretion of the company.

Salary range:

The salary range for this role is $39,908 - $111,111 USD.