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Global Strategic Sourcing Intern 2025

  • Internship
    Full-time
    Summer Internship
  • Logistics
    Business, Operations & Strategy
  • Saint Paul

AI generated summary

  • You must be a Junior/Senior or grad student in Supply Chain, Procurement, or Engineering with experience in cost modeling, data analysis, and strong communication skills.
  • You will build supplier relationships, analyze market trends, support negotiations, manage contracts, track performance metrics, and coordinate actions to enhance sourcing strategies and reduce costs.

Requirements

  • - Current Bachelor's student in your Junior or Senior year or grad student. Must have at least one semester of school left post-internship to qualify.
  • - Pursuing degree in Supply Chain, Procurement, Engineering or related field
  • - Training or experience with cost modeling, data analysis and negotiation
  • - Excellent communication and collaboration skills

Responsibilities

  • Build & enhance supplier relationships to drive sourcing & supplier initiatives to meet or exceed product quality, service & deliver sustainable cost reductions, whilst reducing or mitigating risk in the Supply Chain.
  • Monitors market dynamics and communicates changes that affect internal client needs.
  • Partners with internal clients and stakeholders to identify sourcing needs, conduct buyer/market profiles, share marketplace trends, share best practices, increase value proposition, and reduce TCO.
  • Responsibilities may include negotiations for price centric products and services with supervision, but is primarily involved in supporting others.
  • Under direction utilizes strategic sourcing methodologies (spend analysis, market research, benchmarking, negotiation, contracting and continuous improvement) to support the category team to refine and execute category strategies that incorporate stakeholder feedback and meet Global Sourcing objectives for Quality, Services and Cost.
  • Represents organization with integrity as a primary contact on supplier contracts. Responsible for contract and vendor management activities such as strategic reviews and site visits.
  • Maintains supplier performance review metrics & scorecards.
  • Coordinates commercial actions with internal stakeholders.
  • Supports identification and mitigation of risk.
  • Supports service escalations.
  • Support documentation for annual budget process for all assigned suppliers. Ensure inputs are correct, work to prevent supplier-related unfavorable PPV and address any proposed increases. Seek out cost reductions with supply base at every opportunity.
  • Establish and cultivate internal and external business relationships to drive from concept to the completion of value improvement projects. May participate in project teams.

FAQs

What is the work mode for the Global Strategic Sourcing Intern position?

The work mode is onsite.

Where is the onsite location for this internship?

The onsite location is in St. Paul, MN, US.

What is the duration of the internship?

The internship duration is from May to August 2025, with flexible dates.

Are there any eligibility requirements for applicants?

Yes, applicants must have the ability to work in the United States without restriction.

What benefits are offered to interns during this program?

Benefits include corporate housing and relocation assistance or a living stipend for eligible candidates, half-day Fridays throughout the summer, a free on-campus fitness center, social outings, volunteer days, ice cream and BBQs at the park, and a casual dress code.

What are the key responsibilities of the Global Strategic Sourcing Intern?

Key responsibilities include building supplier relationships, monitoring market dynamics, partnering with internal stakeholders, supporting negotiations, and assisting in category strategy execution.

What qualifications are required for this internship?

Candidates must be current Bachelor's students in their Junior or Senior year or graduate students, pursuing a degree in Supply Chain, Procurement, Engineering, or a related field.

Is previous experience required for this internship?

While not explicitly required, training or experience with cost modeling, data analysis, and negotiation is preferred.

Who should I contact for questions regarding the internship application?

For questions, you may contact the recruiter, Renee Wharton.

When is the application period for this internship?

The position will be posted from September 3rd to November 8th, 2024.

Advancing Science for Life

Manufacturing & Electronics
Industry
10,001+
Employees
1979
Founded Year

Mission & Purpose

At Boston Scientific, we work collaboratively to solve healthcare’s toughest problems by developing solutions that matter most to those suffering from debilitating and life threatening conditions and the healthcare professionals who provide their care. Across 100+ countries, we help providers deliver care more effectively by reducing costs, increasing efficiencies and expanding access to care in order to help more people in more places live longer, healthier lives. We go beyond our mission of transforming patient lives by investing in the future and the well-being of our employees and our planet. Our commitment to sustainability is evident in our Newsweek ranking as the 16th greenest company in the U.S. We also strive to foster a diverse and inclusive work environment and provide opportunities for our 38,000+ employees around the world to serve in their local communities.