Jobs · Pennsylvania

2027 Future Talent Program - Global Supplier Management Group Indirect Procurement Marketing - Intern

Merck · West Point, PA · 5 days ago
$40k–$111k/yrFull-time

About the role

This internship is part of the Future Talent Program, featuring opportunities in our Global Support Division that last up to 12 weeks (generally June to August). The role is in Marketing Procurement, which is part of the Indirect Sourcing & Operations Procurement organization under the Global Supplier Management Group. The team aims to deliver superior performance in value creation, supplier management, and supplier risk mitigation through strategic sourcing initiatives. Marketing Procurement intern positions would be in one or two of the following areas: Creative, Public Relations & Global Communications, Media, Market Research or Marketing Operations.

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 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 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 supplied to the company
  • Perform supplier performance monitoring, root cause investigation, issue management, risk assessment and mitigation
  • Conduct project analysis to transform information into insightful, well-structured breakthrough options and opportunities (including Portfolio Analysis, Supplier Referencing, and Day One Sourcing)
  • Prepare analysis and reporting of category spend, savings, compliance, and other metrics data on a monthly basis
  • Support the annual budget / profit planning process for the category at the global level
  • Maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis
  • Create detailed pre-negotiation plans, lead and participate in negotiation sessions with suppliers, and conduct post negotiation debriefs and follow through plans
  • Create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes
  • Conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to the company's Manufacturing Division's risk management framework
  • Be an active member of one or more category teams, using techniques and content to create breakthrough strategies delivering cost reduction targets
  • Generate work of world-class quality and share and transfer this to colleagues throughout GSMG

Qualifications

  • 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)

Required Skills

  • Superior interpersonal skills with the demonstrated ability to work successfully on cross functional teams
  • Excellent verbal and written communication skills including ability to make clear and concise presentations, sensitivity to cultural differences in communication
  • 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 the company's environment
  • Experience with SharePoint and Enterprise Social Media (specifically Teams, Yammer), and familiarity with principles of business communication, marketing and/or journalism
  • Proficient in Microsoft office suite (Excel, PowerPoint, Word)
  • Demonstrated excellent academic achievement

Preferred Skills

  • Prior pharmaceutical industry experience or any fortune 500 company experience
  • Experience with using SharePoint or other similar collaboration websites
  • Experience with TIBCO Spotfire or other data analytic/visualization tools
  • Experience with using Excel to manage large data sets

Pay

$39,908 - $111,111 USD

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