2027 Future Talent Program - Global Supplier Management Group Indirect Procurement Marketing - Co-op
Merck · USA - New Jersey - Rahway ·
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Merck · USA - New Jersey - Rahway ·
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. 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.
This 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 to the organization in the areas of value creation, supplier management, and supplier risk mitigation through strategic sourcing initiatives for all divisions and functions of the company.
Marketing Procurement Co-Op positions would be in one or two of the following: Creative, Public Relations & Global Communications, Media, Market Research or Marketing Operations.
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 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.
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.
Supplier Performance Management – supplier performance monitoring, root cause investigation, issue management, risk assessment and mitigation
Strategic Analysis – To conduct 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, to lead and participate 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 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 our company 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 Learnings – The incumbent will be expected to generate work of world-class quality 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).
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, 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 our 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 Experience and 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
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
FTP2027
GSF2027
Required Skills:
Preferred Skills:
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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 relocationVISA Sponsorship:
NoTravel Requirements:
No Travel RequiredFlexible Work Arrangements:
HybridShift:
Not IndicatedValid Driving License:
NoHazardous Material(s):
n/aJob Posting End Date:
10/9/2026*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.