Talent Program - Global Supplier Management Group Direct Material Procurement - Co-op

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 Functions Division can provide you with great development and a chance to see if we are the right company for your long-term goals.

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.

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 (Foreign Corrupt Practices Act) 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.

Responsible for the development and implementation of all supplier management strategies and initiatives, CAPEX programs, driving improvements in cost, supplier performance, and working capital, in support of manufacture and supply of our Company products.

• 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.

• 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.
• Strategic Analysis - To conduct project analysis which transforms information into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Preferencing, and Day One Sourcing.
• Financial Analysis & Reporting - To prepare analysis and reporting of category spend, savings, compliance, and other metrics. 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, to support and participate in 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 effective risk assessment (including Financial…