Internship - Global Procurement

Employer
Tiffany & Co.
Location
New York, New York, United States
Closing date
18 Jan 2024

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Function
Marketing
Level
Intern

Job Details

Position Overview :
  • Provide support to the IT & Logistics spend categories while complying with Company policies and procedures for procurement activities.
  • Activities may include, but are not limited to, conducting data gathering, analyzing spend data and reviewing market intelligence to help develop procurement strategies and supporting business cases to assist the Company in delivering measurable cost savings, cost avoidance, and multi-year productivity metrics.
  • Additional responsibilities include assisting in the preparation and execution of requests for quotations and proposals, reviewing vendor performance metrics activities, supporting the negotiation of Terms and Conditions, and gathering feedback from internal customers and vendors to support strategies for improved procurement outcomes.
  • Candidate will take direction from the Manager and Director of the Global Procurement Team supporting IT & Logistics.

Internship Details :
  • Dates : This position will begin on June 3rd and end on August 9th. Candidates are asked to be available to work for the entire 10-week program.
  • Location: This position is in-person, based out of our New York City office OR New Jersey office
  • Salary : Compensation for this position is $25 per hour working a total of 40 hours per week.

Key Accountabilities :
  • Support the business teams of Tiffany & Co. in satisfying their associated procurement needs by assisting in the request for quotations/proposal process. Analyze vendor proposals and contribute to the scorecard/review process to select the vendor that provides the best total cost of ownership for the Company, while meeting the established quality standards and specifications.
  • Review and analyze the spend data of the IT and Logistics categories to identify and recommend opportunities for improvement such as contract consolidation, right sizing of the supplier base, and/or establishment of multi-year contracts. Liaise accordingly with business stakeholder teams to gather feedback on supplier performance, document business requirements, and to capture future budgetary plans.
  • Assist in the tracking and review of supplier performance against KPIs, SLAs, and contract terms and conditions. Work with the Global Procurement Contract Manager to update standard templates and to support the legal review process.
  • Ad hoc/as required special projects to assist the Global Procurement organization in meeting their performance goals and supporting the Company's corporate initiatives related to Supplier Diversity and Sustainability.

Qualifications :
  • Required Qualifications: Post HS education focusing on a bachelor's degree, any major or discipline. Proficiency in Microsoft 365 applications.
  • Preferred Qualifications: Applicant pursuing a bachelor's degree in business studies (focus in Finance, Accounting, Economics, or related field).

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