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Employment Type:
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Procurement Intern
(This job is no longer available)
Stepan Company | Northbrook, IL
Grad Date

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Job Description

The Summer Internship will assist and participate in the following activities. These activities are structured in a way to benefit the Global Procurement Department, as well as provide education and experience to the intern.

Skills that the intern will gain/enhance through this experience include:

* Basic understanding of Stepan spend and key influences through utilization of spend analytic models
* Enhanced Excel formula creation and utilization
* Experience in SAP and Zycus
* High level raw material feedstock learnings
* Professional communication

Spend Analytics - Provides global spend ($1.5 billion) analytics to Procurement, Business and Supply Chain stakeholders on both direct and indirect spend categories. Analysis made available by business, region, country and site and available in Direct and Indirect material categories and subcategories. Supports provision of spend analytics for procurement conferences, supplier meetings and to enable sourcing strategy revision and development, working in collaboration with Commodity Managers.

Works heavily on processing, cleansing, and verifying the integrity of data used for analysis.

* Intern will work heavily on assisting the Sr Sourcing Analyst cleanse our global spend data, as well as building a canned report and dashboard suite in the new Zycus tool. Intern will also assist the Category Managers on ad hoc reporting needs.

Global Spend Forecasting and Awareness - Coordinate the collection and reporting of Global Direct Materials procurement forecasting. The Intern will attend weekly forecast calls and assist the Sr Sourcing Analyst in providing the latest statistics on material forecasting pricing trends. The Intern will also attend the North America Monthly Marketing Meetings.

* Update the weekly reporting of Raw Material forecasting and Sales information for the Global Tuesday morning calls.

Credentials Required: The suitable candidate for this position will, at minimum, be a college student working towards fulfilling the degree requirements of a Bachelor's Degree with focus in Procurement/Supply Chain or closely-related field.

About Stepan Company

Stepan Company along with its subsidiaries, produces specialty and intermediate chemicals, which are sold to other manufacturers and then made into a variety of end products. The Company operates in three segments: surfactants, polymers and specialty products. Surfactants refer to chemical agents that affect the interaction between two surfaces. They can provide actions, such as detergency (the ability of water to remove soil from another surface), wetting and foaming, dispersing, emulsification (aiding two dissimilar liquids to mix), demulsification, viscosity modifications and biocidal disinfectants. Polymers, which include phthalic anhydride, polyols and polyurethane foam systems, are used in plastics, building materials and refrigeration industries. Polymers are also used in coating, adhesive, sealant and elastomer applications. Specialty products include chemicals used in food, flavoring and pharmaceutical applications. (Source: 10-K)