2027 Future Talent Program - Global Supplier Management Group Research & Development Sourcing & Procurement Co-op
Core
Support strategic sourcing and procurement initiatives for drug discovery and development, including market intelligence, cost modeling, supplier performance management, and risk assessment.
Role type
Co-op Research and Development Sourcing & Procurement Analyst
Builds
Strategic sourcing strategies, cost reduction models, supplier performance reports, and risk mitigation plans for R&D supply chains.
Domain
Life Sciences / Pharmaceutical Sourcing & Procurement
Deliverable
product features
Required skills
Market intelligence gathering, cost modeling, supplier performance monitoring, risk assessment, financial analysis, contract negotiation support, data analysis, project management, cross-functional collaboration
Preferred skills
Pharmaceutical industry experience, Fortune 500 experience, data visualization tools (TIBCO Spotfire), large dataset management in Excel, survey and focus group methodologies
Technologies
SAP, SharePoint, Yammer, Microsoft Office Suite (Excel, PowerPoint, Word), TIBCO Spotfire
Responsibilities
Conduct market intelligence and supplier/supply market analyses; construct detailed cost models and purchase price analyses; monitor supplier performance and manage issue resolution; support pre-negotiation planning and execution of RFIs, RFPs, and e-auctions; prepare financial reporting on spend, savings, and compliance metrics; conduct risk assessments including financial solvency and FCPA verification; draft communications and process improvement articles.
Seniority
Co-op (Sophomore/Junior level)