MSD

Global Supplier Management Group Research & Development Sourcing and Procurement Co-op

MSD

internship

Posted on:

Location Type: Hybrid

Location: New Jersey • Pennsylvania • United States

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Salary

💰 $39,600 - $105,500 per year

Job Level

Entry Level

About the role

  • 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.

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).
  • Or currently enrolled in an MBA program or other graduate program.
  • 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, experience with SharePoint and Enterprise Social Media (specifically Yammer), and familiarity with principles of business communication, marketing and/or journalism.
  • 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.
  • Proficient in Microsoft office suite (Excel, PowerPoint, Word).
  • Demonstrated excellent academic achievement.
  • Focus on process improvements and simplification.
Benefits
  • Flexible Work Arrangements

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
data analysiscost modelingmarket analysisprocurement processessupplier performance improvementsupply risk managementcontract negotiationproject managementbusiness communicationprocess improvement
Soft skills
interpersonal skillsteam collaborationverbal communicationwritten communicationpresentation skillsflexibilityadaptabilityquick learnermotivationsensitivity to cultural differences