Procurement Intern
Procurement Intern
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Job Description
Richs also known as Rich Products Corporation is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza appetizers and specialty toppings our products are used in homes restaurants and bakeries around the world. Beyond great food our customers also gain insights to help them stay competitive no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice retail in-store bakery deli and prepared foods among others. Working in 100 locations globally with annual sales exceeding $4billion Richs is a global leader with a focus on everything that family makes possible. RichsInfinite Possibilities. One Family.
Purpose Statement
The Procurement Intern will play a crucial role in supporting the USC Ingredients team by contributing to three key initiatives: artificial color removal tariff management and pricing sheet maintenance.
Key Accountabilities and Outcomes
Artificial Color Removal Project
Collaborate with procurement and cross-functional teams to maintain data on current raw materials (RCMs) and finished goods (FG) utilizing artificial colors and track new RCMs utilizing natural ingredients.
Conduct analysis related to artificial color usage including spend and price impact.
Work closely with the R&D team to track and manage samples.
Prepare necessary information to identify and source new ingredients without artificial colors.
Tariffs
Support the business in tracking tariff impacts including compiling the spend and impact of tariffs.
Work closely with procurement buyers to conduct research on tariffs and product formulations to understand the cost impact for items with incomplete formulation disclosure.
Help track tariffs and identify opportunities to mitigate their impact.
Support cost savings and cost avoidance initiatives related to tariffs.
PIR
Collaborate with buyers to complete and maintain pricing sheets.
Work with the RME team to track new items and update pricing sheets accordingly.
With the support of the new Procurement Data Manager develop solutions to address special pricing scenarios (e.g. weekly/monthly and contract pricing).
Additional Support
Assist the Ingredients team with other projects as time permits to provide bandwidth for procurement category leads to meet business objectives.
Knowledge Skills and Experience
MBA or undergraduate student pursuing Business or Supply Chain Management
Minimum GPA 3.0
Strong Excel statistical and spreadsheet analysis skills with a strong understanding of Economics and Financial Analysis.
Strong communication (written & verbal) skills.
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COMPENSATION
In accordance with state law the rate or range provided is Rich Products Corporation its subsidiaries and affiliates (Richs) reasonable estimate of the base compensation for this role. The actual amount may be higher or lower based on non-discriminatory factors such as experience knowledge skills abilities shift differential and location.
Annual Range/Hourly Rate
$17.00-$26.00
Rich Products Corporation its subsidiaries and affiliates (Richs) are committed to a policy of Equal Employment Opportunity standing up for fairness and maintaining a culture of belonging to provide an exceptional experience for all. We will not discriminate against an applicant or employee on the basis of race color religion sex national origin disability military or veteran status or any other Federal or State legally protected classes. The information collected by this application is solely to determine suitability for employment verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Richs. Please contact Richs Associate Experience Network at if you need assistance completing this application or to otherwise participate in the application process.
Required Experience:
Intern
Employment Type
Intern
