**Minimum required Education:** High School Diploma plus Active student status/enrollment at the University, College or Vocational Education. **Minimum required Experience:** No prior experience required. **Minimum required Certification:** N/A **Job title:** Internship: Negotiation Excellence (6 months fixed-term contract) Availability: 32-40 hours/per week Remuneration: 500-700 Euro monthly Experience how Game Theory and Mechanism Design are applied in practice in procurement within Royal Philips, an innovation leader in Healthcare and Consumer Lifestyle. A small team of negotiation experts within Royal PHILIPS Procurement set up to globally support Commodity Managers in high impact negotiations of running business and new awarding. The team's responsibilities include the identification of projects, their preparation and execution. Part of the preparation is to tailor the optimal awarding mechanism design based on Game and Auction Theory. **Your role:** + The organization of negotiation trainings and support in the continuous improvement of the training material + Support the team during the preparation and execution of high impact negotiations in cooperation with Procurement Commodity Managers and Procurement Engineers **You're the right fit if:** + Currently studying towards your Bachelor or Master in Economics, Business Mathematics, Business Administration, Industrial Engineering, Math or related studies + Knowledge in and enthusiasm for Microeconomics including Game Theory and Mechanism Design + Independent and organized way of working + Analytical and abstract thinking + Excellent knowledge in Excel and Data Analysis + Fluent in oral and written English + Interested in Digitalization, AI or technology **How we work together** We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. **In return, we offer you** A non-stop growth opportunity within a global multinational company. IN addition, we also want to remunerate you well for the opportunity. This includes: + Monthly full-time allowance between €500 - €700 gross, depending on your education level and if you need to relocate to The Netherlands. Part-time internships receive the allowance pro-rata. + Housing compensation. Should you need to relocate to near our office, we’ll offer you a monthly allowance of €300,- net if location is in the vicinity of Amsterdam, €255,- net for all other Philips locations. To be eligible, we’ll just ask for the rental contract from your landlord, and your usual home-work travel distance needs to be more than 50 km or 1.5 hours of travel time (for a one way trip). + Travel compensation, if you are not eligible for a free public transport card; you will receive max. €192,- net as a monthly allowance. + Paid holidays per internship term. **About Philips** We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others. * Learn more about our business. * Discover our rich and exciting history. * Learn more about our purpose. If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here. \#LI-Office