Additional Location(s):US-MN-Arden Hills
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing – whatever your ambitions.
This position will be posted from September 3rd to November 8th, 2024
We will consider qualified applicants of all ages who are starting (or restarting) their careers.
Title: Global Strategic Sourcing Intern
Location: Arden Hills, MN
Duration: May - August 2025 (dates flexible)
Eligibility Requirements: Ability to work in the United States without restriction
Benefits:
Corporate housing & relocation assistance or living stipend available for those who meet eligibility requirements
Half-day Fridays all through the summer
Free on-campus fitness center & group fitness classes
Events throughout the summer include Intern social outings, volunteer day, ice cream & BBQs at the park, opportunities to learn about other BSC sites/departments and network cross-functionally with leadership and peers, and more!
Casual, comfortable dress code and inclusive company culture
Introduction:
Partner with best-in-industry Suppliers to provide Materials, Products, Innovation, and Services that drive a competitive advantage for Boston Scientific. Responsible for developing and executing optimal commodity & sourcing strategies.
Key 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.
Qualifications:
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
Requisition ID:590379
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!
At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve.
Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran's status, age, mental or physical disability, genetic information or any other protected class.
Boston Scientific maintains a prohibited substance freeworkplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.
Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.