Gurgaon, HR, IN
1 day ago
Intern - Market & Supplier Intelligence

Requisition Number: 68524

 

 

The company built on breakthroughs. ​  
Join us.​      

                                                                       

Corning is one of the world’s leading innovators in glass, ceramic, and materials science. From the depths of the ocean to the farthest reaches of space, our technologies push the boundaries of what’s possible.  ​  

 

 How do we do this? With our people. They break through limitations and expectations – not once in a career, but every day. They help move our company, and the world, forward. ​  

 

​ At Corning, there are endless possibilities for making an impact. You can help connect the unconnected, drive the future of automobiles, transform at-home entertainment, and ensure the delivery of lifesaving medicines. And so much more.​   

 

​ Come break through with us.  

 

The Global Supply Management (GSM) Function is recognized as a critical function for business success.  It delivers the training, tools and opportunities needed to create innovative solutions for the function & the corporation.  GSM has leading edge, effective processes to anticipate and exceed customer requirements.

 

Scope of position:

Supply Chain Analytics (SCA) enables optimal sourcing results by leveraging advanced analytics and data intelligence. Within SCA, External Analytics is an innovation capability that is utilizing digitalization technologies to develop dynamic predictive and prescriptive analytics to recommend at what price level, when how much and from whom to buy from.

The successful candidate will demonstrate an understanding of the economic and commodity market, generate insights through robust analysis of the latest price/market developments and recommend steps to leverage opportunities for a pool of procurement categories.   

 

 

Position Responsibilities:
•    Support data management processes (includes managing data sources, data processing, data flow, regular refresh of data) to ensure the ongoing operation of internal market data application.
•    Assess and monitor the financial health, performance, and capabilities of suppliers.
•    Utilize various tools and methodologies, such as Rapid Ratings and D&B SER ratings, to evaluate supplier risk. 
•    Conduct supplier performance reviews to ensure compliance with company standards and requirements. 
•    Support supplier negotiation and contract management processes with data-driven insights. 
•    Identify and recommend cost-saving opportunities. 
•    Conduct competitive intelligence work to benchmark Corning’s prices against it’s competitors 
•    Understand the competitive landscape for major commodities that Corning purchases 

 


Required Skills {these are skills that candidates MUST possess}
1.    Demonstrate deep understanding of financial ratios to assess suppliers’ financial health. 
2.    Strong commercial and analytical skills, depth analysis of complex information to formulate market insights.
3.    Ability to digest and translate data to drive business decisions.
4.    Self-motivated, ability to work independently and manage multiple simultaneous projects requiring frequent communication with stakeholders, organization, time management and problem-solving skills
5.    Meticulous and attention to details
6.    Advanced knowledge of Office products - office 365, MS Excel, PowerBI, MS Access, Sharepoint 
7.    Excellent verbal and written communication skills in English are essential
Desired Skills {these are skills that would be nice for candidates to possess} 
1.    Well connected with external commodity and economic market data providers such as IHS, S&P Platts, Fastmarket, Argus etc.  
2.    Bachelor degree and above
3.    Knowledge of economic and financial markets
4.    Other languages will be an added advantage (Mandarin and etc)
5.    Ability to work in a fast-paced and often ambiguous environment


Soft Skills {Communication/Team/Leadership}
1.    Strong work ethic
2.    Ability to work effectively across a multi-cultural settings and share the same belief that work is more rewarding when we are accepted and valued for our differences
3.    Change management skills - ability to establish new approaches and obtain buy-ins from stakeholders
4.    Support cross functional team interactions to deliver values within tight timeline 
5.    Highly collaborative and entrepreneurial team player


Division / Company Marketing Statement

Global Supply Management (GSM) has played a central role in achieving the corporate fiscal objectives through delivering results on challenging corporate and business savings goals.  The GSM Functional Strategy aligns the organization with businesses and corporate functional strategies.  GSM support for the various functions like BD, Finance, and HR is a critical part of the mission. This is a very dynamic and challenging arena with opportunities to significantly impact Corning through identifying and executing cost reduction / avoidance opportunities, maximizing total value and minimizing risk. The breadth of this position also provides opportunities to develop and enhance a wide spectrum of procurement skills. 

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