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Job Information

Philips Internship: Negotiation Excellence in Amsterdam, Netherlands

Start date: September/October 2024

Duration: 6 months minimum

Location : Amsterdam

Hybrid : 2x per week at the office

This internship is not suitable to combine with your thesis due to data sensitivity.

Have you ever wondered how Game Theory and Mechanism Design are successfully applied in practice? If yes, this is your chance to find out in Procurement within Royal PHILIPS, a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum. Experience how Game Theory and Mechanism Design are applied in practice in procurement within Royal Philips, an innovation leader in Healthcare and Consumer Lifestyle.

Your Role:

  • Support the team during the preparation and execution of high impact negotiations in cooperation with Procurement Commodity Managers and Procurement Engineers

  • The organization of negotiation trainings and support in the continuous improvement of the training material

You are a part of

A small team of negotiation experts within Philips Procurement set up to support commodity managers globally in high-impact negotiations. We are an internal consultancy with an entrepreneurial spirit and the mission to enrich strategic decision-making. We focus on optimizing competitive negotiations while applying Game and Auction Theory, but we are constantly developing new concepts to support all negotiation types end-to-end. We work within cross-functional project teams and analyze & strategize to develop the optimal award mechanism design. In addition to hands-on negotiations, we develop and execute training and coaching programs for Philips Procurement. In short, our activities are a mix of strategy consulting, data analytics, and project management, and the intern will gain deep insights and hands-on experience in an innovative, highly efficient approach to doing business in Procurement.

You’re the right fit if:

We are looking for interns passionate about continuous learning and challenging the status quo, love solving complex problems and are enthusiastic about Game Theory and negotiations.

  • Student in Economics, Econometrics, Business Administration, Industrial Engineering, Math, Psychology, or related studies

  • Analytical, strategic, and abstract thinking

  • Knowledge of negotiations and Microeconomics, including Game Theory and Mechanism Design

  • Independent, reliable, and organized way of working

  • Great communication skills and MS Office (especially Excel and PowerPoint) skills

  • Fluent in oral and written English

  • Preferred: Availability for 6 months

In return we offer you:

  • Monthly full-time allowance between €500 - €700 gross, depending on educational level and if you would need to relocate to The Netherlands. If you will perform a part-time internship you will receive the allowance pro-rata.

  • Housing compensation, in case of relocating to the vicinity of the office, €300,- net if location is in the vicinity of Amsterdam, €255,- net for all other Philips locations. You need to provide a rental contract of the land lord, and your normal home-work travel distance need to be more than 50 km or travel time (one way trip) need to be more than 1.5 hours.

  • Travel compensation, if you are not eligible for a free public transport card; you will receive max. €145,- net

  • Paid holidays per internship term.

  • The opportunity to buy Philips equipment at our Philips shop

IMPORTANT:

Part of our selection procedure is a HireVue online interview recording. We are not able to share the outcome of this HireVue interview but will use this as extra selection criteria.

In order to be considered, you have to be registered as a student during the entire internship period. Formal documentation will be requested. Students from outside the EU enrolled at a Dutch university need to fill in a NUFFIC agreement, or a UNL agreement -- which needs to be signed by the student and the university.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum.

To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions

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