Procurement Intern (Summer 2025)

Posted:
9/3/2024, 5:00:00 PM

Location(s):
Town of Malta, New York, United States ⋅ New York, United States

Experience Level(s):
Internship

Field(s):
Business & Strategy

About GlobalFoundries

GlobalFoundries (GF) is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GF makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit www.gf.com.

Internship Program Overview:

Our Interns & Co-ops are our entry-level talent pipeline for GF across the globe. Our goal is to provide students with a meaningful work experience that will equip them with the skills to embark on a career in the fast-paced and growing semiconductor industry after graduation. As an intern at GF, you’ll experience one-on-one mentorship, work assignments that prioritize your growth and potential, professional development opportunities, and the chance to network with executives.

Summary of Role:

This role will provide the candidate a unique opportunity to gain hands-on experience in the strategic sourcing and procurement process for a global semiconductor manufacturer. You will work closely with the Global Supply Chain (GSC) team and key stakeholders to support various indirect procurement initiatives, contributing to the overall efficiency and cost-effectiveness of our organization.  This internship is for indirect procurement; categories in scope include professional services, software, logistics, outsourcing, and corporate support for HR, legal, finance, risk, and IT.

Essential Responsibilities include:

  • Data Analysis: Conduct in-depth analysis of procurement data to identify cost-saving opportunities and improve process efficiency.
  • Supplier Relationship Management: Assist in managing relationships with suppliers, ensuring timely delivery and quality of goods and services.
  • RFP/RFQ Development: Support the development and evaluation of Requests for Proposals (RFPs) and Requests for Quotations (RFQs) for indirect goods and services.
  • Contract Management: Assist in reviewing and updating contracts to ensure compliance with organizational policies and legal requirements.
  • Project Support: Contribute to various procurement projects, such as supplier onboarding, contract negotiations, and cost reduction initiatives.
  • Market Research: Research market trends and supplier capabilities to identify potential sourcing opportunities.

Other Responsibilities:

  • Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements and programs.

Required Qualifications:

  • Education – At least a sophomore at time of application and actively pursuing a Bachelors in supply chain, business, computer science or related field through an accredited degree program during the time of internship.
  • Must have at least an overall 3.0 GPA and be in good academic standing.
  • Language Fluency - English (Written & Verbal)
  • Ability to work 40 hours per week during the internship.

Preferred Qualifications:

  • Prior related internship or co-op experience
  • Demonstrated prior leadership experience in the workplace, school projects, competitions, etc.
  • Project management skills, i.e., the ability to innovate and execute on solutions that matter; the ability to navigate ambiguity.
  • Strong written and verbal communication skills
  • Strong planning & organizational skills
  • Knowledge of the procurement function and the strategic sourcing process

#InternshipProgramUS

Expected Salary Range

$20.00 - $40.00

Expected Salary Range

$0.00 - $0.00

The exact Salary will be determined based on qualifications, experience and location.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. 

 

An offer with GlobalFoundries is conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations. 

 

GlobalFoundries is fully committed to equal opportunity in the workplace and believes that cultural diversity within the company enhances its business potential. GlobalFoundries goal of excellence in business necessitates the attraction and retention of highly qualified people. Artificial barriers and stereotypic biases detract from this objective and may be illegally discriminatory. 

 

All policies and processes which pertain to employees including recruitment, selection, training, utilization, promotion, compensation, benefits, extracurricular programs, and termination are created and implemented without regard to age, ethnicity, ancestry, color, marital status, medical condition, mental or physical disability, national origin, race, religion, political and/or third-party affiliation, sex, sexual orientation, gender identity or expression, veteran status, or any other characteristic or category specified by local, state or federal law