Responsibilities:

• Research and deliver current trends in the market, cost modeling, benchmarking

• Research and Identification of Specific US Procurement Categories

• Complete Category and Supplier Assessments

• Conduct analysis on categories identified in COUPA by Ferring entity

• Perform Supplier evaluations

• Review of payment terms, supplier activity, cost analysis, etc.

• Assist with Supplier segmentation opportunities.

• Support team Contract compliance by identifying contract gaps and/or renewals.

• Support E-Sourcing/Request for Proposals (RFP)

• Assist with identifying high risk suppliers and assist with the development of mitigation analysis and plan

Requirements:

(Preferably) Undergraduate Business Major with areas of focus in Procurement, Supply Chain, Marketing, Professional Service (HR, Legal), Finance or Manufacturing. Exposure to performing analysis and benchmarking. Interest in Negotiating, Risk Management and Supplier Relationship Management.

• High-level of professionalism and enthusiasm

• Strong Communication skills, both oral and written

• Experience with MS Office, Word, Excel and PowerPoint

• Quick Study on various systems

• Keen attention to detail

• Strong organization skills, with the ability to stay focused on assigned tasks

• Willingness to learn and engage in a variety of support roles

This role is expected to work no less than three days at our site in Parsippany, New Jersey, on days in conjunction with your assigned team; you may be able to work two days per week remotely. This role may also be eligible for Ferring Summer Fridays, where meetings and most work commitments end by 1 PM each Friday.

Standard requirements for all intern positions:

• Ability to complete the entire 10-week program (from May 28, 2024 to August 2, 2024) and commit to 37.5 hours per week
• Cumulative 3.0 GPA or above; college transcript required
• Currently enrolled in an accredited college/university for undergraduate, graduate or PharmD program
• Must be legally authorized to work in the U.S. Ferring cannot sponsor work visas for summer interns
• At least 18 years of age prior to the scheduled start date
• Pass a drug screen and background check prior to start date
• Virtual interviews with HR and hiring manager
• Final presentation to manager & department team members at the end of the 10-week program (mandatory)
• Must apply to online job posting and provide resume & cover letter
• Application deadline is Thursday, February 29, 2024

Ferring + you

At Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and equitable, and the chance to work with the industry’s most impressive people, these are just some of the ways we live our "People First" philosophy.

Our Compensation and Benefits

At Ferring, base pay is one part of our competitive total compensation and benefits package. The hourly rate for undergraduate interns is $20 per hour and the hourly rate for graduate students is $25 per hour.

This internship role is for the specific date range of May 28, 2024 to August 2, 2024. You will be eligible for any company-paid holidays that occur during that range.

During the internship, you will accrue sick time. However, use of this accrued sick time must occur after you have worked for Ferring for 120 consecutive days in 2024.

As a summer intern, you are ineligible for other Ferring benefits, comprehensive healthcare (medical, dental, and vision); a 401k plan and company match; short and long-term disability coverage; basic life insurance; wellness benefits; reimbursement for certain tuition expenses; and paid vacation time. You are also ineligible for pay of Company holidays that occur before or after the internship, should your internship be extended to part-time status.

Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of gender, race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.

Join our team and your voice will be heard, and your contributions will be valued. If you love to come up with new ways to make a positive difference and see them through, you will fit right in.

We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We maintain a drug-free workplace.