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

MSD; Rahway (NJ); Hybrid; USD 40,000 - 111,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

MSD is offering a Future Talent Program internship in Marketing Procurement, part of the Global Supplier Management Group. The 10–12 week program runs June to August and involves projects across Creative, Public Relations, Media, Market Research or Marketing Operations.

You will support supplier management, cost reduction, risk mitigation, and strategic sourcing initiatives while collaborating with Legal, Finance and external partners. Hybrid work available.

Qualifications

• Currently in sophomore or junior level pursuing a Bachelor’s degree in business or related field.
• Strong data collection, analysis and reporting skills required.
• Excellent communication and cross-functional collaboration abilities.
• Experience with SharePoint and MS Office suite preferred.

Responsibilities

• Support procurement objectives including sourcing, risk management, cost reduction and supplier performance improvements.
• Collaborate with Legal, Finance, Procure-to-Pay and external suppliers.
• Conduct market analyses to provide insights and drive decisions.
• Assist with RFIs, RFPs, and e-Auctions and document processes.
• Assist in cost modeling, budgeting and monthly reporting.

Skills

Interpersonal skills

Cross-functional teamwork

Verbal and written communication

Project management

Data analysis

Microsoft Office (Excel, PowerPoint, W

SharePoint experience

Team collaboration

Education

Bachelor’s degree in business / related field

Tools

SharePoint

Microsoft Teams

Yammer

Excel

PowerPoint

Word

SAP

Job description

Job Description

The Future Talent Program features internships that last up to 12 weeks 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.

Internships generally run from June to August and last approximately 10-12 weeks.

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 intern 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’s 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

San Francisco Residents Only:

We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only:

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance

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:

10/9/2026

A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.