Associate Commercial Sourcing Advisor (Intern to Full-Time Conversion) at Marathon Petroleum

Garyville, Louisiana, United States

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Not SpecifiedCompensation

Internship, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Oil and Gas, Energy, PetroleumIndustries

Requirements

Ability to analyze and interpret data for use in decision-making and actions in support of business strategy, including total cost of ownership and should cost modeling
Comprehension & interpretation of commercial, financial, & business data opportunities and risk
Experience with Supply Chain tools, templates, and systems, as prescribed by the Supply Chain function
Experience educating and supporting the deployment of best practices in sourcing activities

Responsibilities

Develop contracting strategies to establish and maintain relationships with key suppliers and ensure service, commercial terms, and strategy optimization
Lead the development and implementation of regional/local sourcing strategies, decision summaries based on sourcing event and negotiations outcomes
Lead bid package process from development through purchase order execution and align stakeholder and Supply Chain requirements, scope of work, assumptions and clarifications
Participate in vendor pre-bid meeting and site walks, leading the commercial aspects and setting expectations outlined in the request for proposal
Lead the preparation and negotiation of terms and conditions related to service and/or supply agreements; manage related rate sheets and ensure cost competitiveness across vendor categories within the enterprise and across the industry
Run benchmark studies, gather and analyze data, and make recommendations; perform root cause analysis related to supply challenges or disruptions
Serve in an advisory role to maintain contract compliance and minimize risk in support of key stakeholders and business units; act as a liaison between legal and key stakeholders, maintain master agreements, and initiate contract amendments to frame agreements on behalf of supported business unit
Coach business unit contract owners to drive performance and compliance of contracts
Foster communication internally, externally, and between different operational functions; serve as first line point of contact for concerns related to operating needs, concerns, and Supply Chain support
Actively seek and identify opportunities for value creation (cost savings, cost avoidance, revenue enhancement) and risk reduction; develop and execute cost savings and strategic sourcing projects while ensuring business continuity and high level of supplier performance
Manage assigned business unit(s) to optimize the supply base and deliver financial benefit; collaborate with and support the category management regarding key supplier initiatives
Collaborate with the assigned business unit(s) to assess all requirements and develop sourcing and contracting strategies for goods and services; support the development, management, and execution of commercial initiatives and strategies
Facilitate issue resolution related to supplier performance, developing awareness of associated operating risks, and qualifying contractors to assure appropriate criteria are adequately addressed
Develop and maintain relationships with key suppliers to ensure service, commercial terms, and optimal leverage; as needed, develop and track KPIs for measuring performance for key suppliers; facilitate issues resolution related to supplier performance
Utilize Supply Chain tools, templates and systems, as prescribed by the Supply Chain function; collaborate with Supply Chain peers to drive continuous improvement, alignment, and best-in-class process optimization
Minimize risk in Supply Chain processes to support operating components’ service requirements, including recognizing appropriate contracting strategies, developing awareness of associated operating risks, and qualifying contractors to assure appropriate criteria are adequately addressed
Ensure sourcing activities are properly aligned with the expectations of Supply Chain organizations and stakeholder groups, as applicable, while educating and supporting the deployment of best practices

Skills

Sourcing Strategies

Contract Negotiation

Bid Management

Data Analysis

Benchmark Studies

Root Cause Analysis

Total Cost of Ownership

Contract Compliance

Supply Chain Management

Marathon Petroleum

Refines and markets petroleum products

About Marathon Petroleum

Marathon Petroleum Corporation operates in the energy sector, focusing on refining and marketing petroleum products. They process crude oil into usable products like gasoline, diesel, and jet fuel at the largest refining system in the United States, located in Findlay, Ohio. Their extensive network includes branded retail locations across the country, primarily under the Marathon brand, serving individual consumers and businesses that need bulk fuel supplies. Additionally, they have a midstream subsidiary, MPLX LP, which gathers, processes, and transports crude oil and natural gas, facilitating the supply chain from raw materials to refineries. Marathon Petroleum's integrated business model allows them to control multiple stages of the supply chain, optimizing operations and reducing costs, which enhances profitability. The company's goal is to maintain strategic growth and operational excellence while serving a diverse range of clients efficiently.

Findlay, OhioHeadquarters

1887Year Founded

IPOCompany Stage

EnergyIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Company Match

Parental Leave

Professional Development Budget

Performance Bonus

Risks

Volatility in crude oil prices can impact MPC's profitability.

Stricter environmental regulations may increase operational costs for MPC.

The rise of electric vehicles could reduce demand for MPC's gasoline products.

Differentiation

MPC operates the largest refining system in the United States.

The company has a strong integrated business model from refining to retail.

MPC's midstream operations through MPLX LP enhance its supply chain control.

Upsides

MPC's focus on operational excellence ensures competitive advantage and profitability.

Recognition for energy efficiency by the EPA highlights MPC's commitment to sustainability.

MPC's extensive retail network strengthens its market presence and customer reach.

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