Procurement Intern (Industrial Placement)

Start Date: June 2022 ( 1 year internship / industrial placement)

Location: Farnborough, Hampshire

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

Looking at the challenges the world is facing today Philips’ purpose has never been more relevant. The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

In this role, you have the opportunity to make life better

Join the Procurement team as part of your 12 month industrial placement programme. You'll find yourself part of a global team of like-minded procurement managers and buyers, who all share a passion for creating value through innovation. You'll make a difference in new and surprising ways every day, developing and growing both your function and your capabilities as you help change the world.

You'll be actively encouraged to exercise your creativity and powers of innovation and to independently develop your entrepreneurial skills. Your input to strategic sourcing and end-to-end (E2E) transactional activities will make a true difference to our bottom line. This could be via managing the price of goods / services, the total cost of ownership and also the quality / risks associated. The Procurement team manages supplier relationships, target metrics and much more to ensure we are getting the best price, quality, and level of risk for any products / services required by Philips.

You are responsible for

• 3rd party catalogue management & development
• Ensure pricing and products are up to date and in line with our agreed rates
• Support negotiations with 3rd party suppliers
• Identify opportunities for cost savings through analysis of spend data and knowledge of supply base
• Manage approved supplier list
• Contract management
• Ensure compliance to Philips policies
• Collection of requirements from different teams
• Analyse current One off product purchases process and make it leaner
• Guidance and support to internal stakeholders on P2P processes and other procurement policies
• Tender support
• Purchase order approvals for low value items
• Supporting procurement specialists and running your own one-off project
• Chairing team meetings
• Presenting to leadership teams
• Project ownership

At Philips, we incorporate ownership and innovation into everything we do. Within your role you will get the chance to run your own projects, create/manage relationships with internal and external stakeholders and be given the freedom to explore your own ideas on how to improve our business.

You are a part of

A close knit Procurement team, including graduates, procurements specialists and procurement managers based  in UKI, France, Nordics & Poland. You will report into the Market Procurement Leader for UKI, France and Nordics. You will regularly collaborate with a variety of stakeholders from areas including Sales, Supply Chain, Commercial Operations, Finance, Legal, HR & Marketing and will have the opportunity to build relationships with people all over the world.

As a collaborative team, we aim to spend more time together than apart and look forward to you joining us in our new vibrant and exciting offices in Farnborough, Hampshire, working in an agile working environment.

To succeed in this role, you should have the following skills and experience;

• You must be in your penultimate year of study towards a business-related degree e.g. Business Management, Economics or equivalent (ie. a 2024 graduate)
• Proficiency in Microsoft Office Suite particularly in Excel (advanced skills like pivot tables would be a plus), PowerPoint & Word
• Strong analytical skills / data insights skills
• Excellent communication skills
• An autonomous individual capable of motivating themselves in a hybrid home/office working environment
• A high level of drive and motivation
• Ability to work effectively when working in a team environment as well as being able to deliver good individual results.
• You are naturally curious, independent and want to work in a dynamic environment where you can interact with many people in the UK and abroad.
• You are eager to learn and maximise your skills development
• French language skills would be an additional bonus

In return, we offer you

A challenging, innovative environment with great opportunities for you to explore. You will in a supportive environment where your development is a priority. You will be compensated with a competitive salary and benefits including 25 days of paid holiday plus bank holidays pro rata. We adopt an agile work policy.

You will have the option to undergo the same training programme all of our graduates participate in, giving you a great sense of community and a head-start for post-graduation. What you put into this role, you will get out!

We also believe that we are at our best as a company when you are at yours as a person. Thus, we offer competitive health benefits, a flexible work schedule and access to local well-being focused activities. Furthermore, Philips University is available to all employees for learning and development opportunities.

Recruitment Process

Please submit your detailed CV as well as a motivational statement which outlines your interest in the Philips Procurement Internship role as soon as possible but at the latest by 31st December 2021. Applications will then be screened based on your CV and motivational statement and successful candidates will be invited to complete a short online recorded interview. This will be followed by a live video interview and finally an assessment centre in person in February 2021 at our Farnborough office. Good luck!

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.