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Strategic Sourcing Intern

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Job Description

Position Summary

As a Procurement intern at Life Time it is an opportunity to develop and implement critical/ strategic business solutions. This process lends itself to autonomy in setting agenda, workflow and output, where the individual will have the full support and backing of the manager and the broader Procurement team. You will have the opportunity to become an instrumental part of the total organizations supply chain activities, reporting, analytics, supplier negotiations, project implementation, internal business stakeholder engagement, and supplier management.

Previous Intern Projects have included:

  • Independently conducted and managed competitive bid processes (RFx event) for key strategic spend categories
  • Supplier optimization project to materially reduce the number of preferred suppliers in our supplier master catalog for efficiency and consolidation purposes
  • Individual managed a project to expand the organizations diverse supplier network
  • Strategically sourced eco-friendly products for company-wide sustainability initiatives
  • Led an enterprise-wide project to expand recycling and composting across all locations
  • Individual developed an alternative solution to a traditional delivery process further reducing our plastic consumption while decreasing labor expenses


Job Duties and Responsibilities

  • Perform data analysis to identify opportunities for cost reduction and value creation (improved quality, cost, service, and compliance)
  • Perform liaison work between Procurement and key clients, ensuring efficient supply chain methods
  • Provide support for sourcing projects including data analysis and supplier interface
  • Facilitate supplier presentations
  • Develop and execute competitive bids (RFx events); participate in supplier negotiations
  • Perform external market assessment and opportunity analysis
  • Develop and manage stakeholder and supplier relationships and contract implementations
  • Develop and execute sourcing strategies in alignment with business initiatives and priorities
  • Participate in organization-wide ESG (Environment Social Governance) initiatives

Position Requirements

  • Currently enrolled as a Junior, Senior or Graduate student at an accredited college/university, earning a Bachelor's or Master's degree in Business Administration, Supply Chain Logistics, Economics, Finance or related field.
  • Currently maintaining a GPA of 2.0 or higher
  • Must possess a passion for Life Time's mission
  • Strong computer skills including Microsoft Word, Excel and PowerPoint
  • Excellent communication and leadership skills
  • Ability to take ownership and drive projects to completion with minimal supervision
  • Professional demeanor, focused, articulate, and well organized
  • Highly motivated self-starter
  • Ability to give/receive constructive feedback
  • Ability to work in an unstructured environment with the ability to make tradeoff decisions quickly

Pay

This is an hourly position with wages starting at $17.75 and pays up to $24.00, based on experience and qualifications.

Benefits

All team members receive the following benefits while working for Life Time:

  • A fully subsidized membership

  • Discounts on Life Time products and services

  • 401(k) retirement savings plan with company discretionary match (21 years of age and older)

  • Training and professional development

  • Paid sick leave where required by law

Full-time Team Members are eligible for additional benefits, including:

  • Medical, dental, vision, and prescription drug coverage

  • Short term and long term disability insurance

  • Life insurance

  • Pre-tax flexible spending and dependent care plans

  • Parental leave and adoption assistance

  • Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave

  • Deferred compensation plan, if the team member meets the required income threshold

Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.

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