Job Description
Position Description:
2025 University Recruiting - Global Sourcing Procurement Summer Intern
The Future Talent Program features internships that last up to 12 weeks and will include one or more projects. These opportunities in our Manufacturing and Supply division can provide you with great development and a chance to see if we are the right company for your long-term goals.
Our company is a global health care leader with a diversified portfolio of prescription medicines, vaccines, and consumer health products, as well as animal health products. Today, we are building a new kind of healthcare company - one that is ready to help create a healthier future for all of us. Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity, and teamwork of people like you. To this end, we strive to create an environment of mutual respect, encouragement, and teamwork. As part of our global team, you'll have the opportunity to collaborate with talented and dedicated colleagues while developing and expanding your career. Our employees are the key to our company's success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards program. Our company's benefits are designed to support the wide range of goals, needs, and lifestyles of our employees, and many of the people that matter the most in their lives.
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Strategic Supplier Management is a rigorous, data-driven methodology that relies upon high-quality market intelligence for suppliers (and associated performance), supply markets, and supply chains, and strategic analysis and reporting of internal business requirements, supplier performance, spend, and savings data. This role will support several facets of Animal Health - Global Supplier Management, specifically Sourcing & Procurement (both category, and site) and Supplier Development & Performance Management. The successful candidate: prepares and conducts market intelligence gathering and strategic analysis; pre-negotiation planning; RFIs, RFP/Qs, and e-auctions; quotation analysis and cost modeling; and financial solvency analysis, risk assessments, Foreign Corrupt Practices Act verification, and other compliance / due diligence assessments; supplier performance monitoring and problem resolution; budget planning process support and ongoing spend, savings, and compliance metrics reporting.
Intern Positions are available in each of the following Animal Health - Global Supplier Management functions:
Direct Materials Sourcing & Procurement: is responsible for the development and implementation of all supplier management strategies and initiatives, driving improvements in cost, supplier performance, and working capital, in support of manufacture and supply of Animal Health products.
Indirect Sourcing & Operations: is responsible for conducting strategic sourcing initiatives across the following categories for all divisions and functions of the company - Marketing, Travel & Meetings (Sourcing & Operations), Logistics, Technology, Corporate Services, Site Services, Fleet (Sourcing & Operations) and Externalization.
Research and Development Sourcing & Procurement: is responsible for conducting strategic sourcing initiatives in support of drug discovery and development within Animal Health Research & Development.
General Responsibilities:
- Responsible for supporting strategic and operating objectives for the sourcing & procurement function, ensuring maximization of the capabilities to execute sourcing & procurement strategies and solutions, established supply lines to support budget and growth plans.
- Responsible for supporting and executing operating objectives for the sourcing & procurement function, with key activities including, but not limited to: services sourcing, supply risk management, supplier performance improvement, cost reduction, supplier diversity development, working capital improvement, and supplier relationship management.
- Implement sourcing & procurement efforts and execute tactical procurement processes. Serve as a resource regarding processes, procedures, and systems for sourcing & 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 procedures to ensure customer satisfaction.
- Serve as an operational and technical resource for all Animal Health-GSM (Animal Health - Global Supplier Management) in the communication and resolution of purchasing systems issues; negotiate a successful resolution to problems or concerns; educate customers about process and technology of supplier management functions. Work with Animal Health-GSM colleagues to ensure compliance with global standards.
- Enforce compliance with all Animal Health-GSM policies and procedures by using a data-driven business case approach.
- Provide support for the Supplier Diversity & Development Program and engage in goal establishment, action planning, and financial/quantitative reporting, as required.
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. At times, this will require supplier visits to create a complete understanding of the cost structure of suppliers and develop cost reduction opportunities.
- Supplier Performance Management - supplier performance monitoring, root cause investigation, issue management, risk assessment, and mitigation
- Strategic Analysis - To conduct up to six types of project analysis which transforms the information gathered from 1) and 2) above into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Referencing, and Day One Sourcing.
- Financial Analysis & Reporting - To prepare analysis and reporting of category spend, savings, compliance, and other metrics data on a monthly basis. To support the annual budget/profit planning process for the category at the global level. To maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis.
- Negotiation Planning - To create detailed pre-negotiation plans, lead and participate in any prolonged negotiation sessions with suppliers, and to conduct post-negotiation debriefs and follow-through plans.
- 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 an effective risk assessment (including Financial Solvency Analysis, compliance with Foreign Corrupt Practices Act, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply base pursuant to Manufacturing Division's risk management framework.
- Category Team Membership - To be an active member of one or more category teams using the techniques and content created in above as input in the creation of breakthrough strategies delivering cost reduction targets.
- Sharing of Learning's - The incumbent will be expected to generate work of world-class quality and share and transfer this to colleagues throughout Animal Health-GSM.
Required Education & Experience
- Candidates must be able to commit to employment for 10 - 12 weeks beginning June 2025
- Candidates must be 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, or a Science-related discipline (Engineering, Statistics, Biology, Chemistry, Biochemistry or Bioengineering).
- Candidates must be U.S. citizens or lawful permanent residents of the U.S.
Preferred Experience & Skills
- Candidates should have prior pharmaceutical industry experience, or any fortune 500 company experience is helpful but not required
- Candidates should have knowledge of MS Office - Excel, PowerPoint, Word
- Candidates should have strong personal character and ethics
- Candidates should have superior interpersonal skills with the ability to interact with all levels
- Candidates should possess excellent verbal and written communication skills including the ability to make clear and concise presentations
- Candidates should have excellent Academic Achievement
- Candidates should have strong data collection, analysis and reporting, and project management skills
- Candidates should be a good team player and ability to work independently with a passion to solve problems and a drive for results
- Candidates should be quick learners and motivated to cultivate technical, business, and commercial skills by applying their knowledge within our company's environment
- Candidates should have a high degree of flexibility and adaptability to deal with ambiguous and dynamic situations
- Candidates should have demonstrated the ability to work well with people from many different disciplines
Under New York City, Colorado State, Washington State, and California State law, the Company is required to provide a reasonable estimate of the salary range for this job. Final determinations with respect to salary will take into account a number of factors, which may include, but not be limited to the primary work location and the chosen candidate's relevant skills, experience, and education.
Expected salary range:
$39,600.00-$105,500.00
FTP2025
MMD2024
MAH2024
Future Talent - Intern
Employees working in roles that the Company determines require routine collaboration with external stakeholders, such as customer-facing commercial, or research-based roles, will be expected to comply not only with Company policy but also with policies established by such external stakeholders (for example, a requirement to be vaccinated against COVID-19 in order to access a facility or meet with stakeholders). Please understand that, as permitted by applicable law, if you have not been vaccinated against COVID-19 and an essential function of your job is to call on external stakeholders who require vaccination to enter their premises or engage in face-to-face meetings, then your employment may pose an undue burden to business operations, in which case you may not be offered employment, or your employment could be terminated. Please also note that, where permitted by applicable law, the Company reserves the right to require COVID-19 vaccinations for positions, such as in Global Employee Health, where the Company determines in its discretion that the nature of the role presents an increased risk of disease transmission.
Current Employees apply HERE
Current Contingent Workers apply HERE
US and Puerto Rico Residents Only:
Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.
We are an Equal Opportunity Employer, committed to fostering an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status, or other applicable legally protected characteristics. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:
EEOC Know Your Rights
EEOC GINA Supplement
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We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another's thinking and approach problems collectively.
Learn more about your rights, including under California, Colorado and other US State Acts
U.S. Hybrid Work Model
Effective September 5, 2023, employees in office-based positions in the U.S. will be working a Hybrid work consisting of three total days on-site per week, generally Tuesday, Wednesday and either Monday or Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, field-based positions; facility-based, manufacturing-based, or research-based positions where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance also does not apply to roles that have been designated as "remote".
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
Intern/Co-op (Fixed Term)
Relocation:
No relocation
VISA Sponsorship:
No
Travel Requirements:
No Travel Required
Flexible Work Arrangements:
Hybrid
Shift:
Not Indicated
Valid Driving License:
No
Hazardous Material(s):
n/a
Job Posting End Date:
10/28/2024
*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Job Posting End Date:10/28/2024
A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Requisition ID:R307783