Intern - Market & Supplier Intelligence

Job Description

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. we'll 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