2026 Summer Intern: Global Procurement - MBA

Overview PepsiCo is a playground for curious people. We invite thinkers, doers, and changemakers to champion innovation, take calculated risks, and challenge the status quo. From executives to leaders on the frontline, we’re excited about the future. We take chances. Together, we dare to make the world a better place. Our associates are the magic ingredient. Each of them plays an integral role in helping create deep connections between people and our products. Think about your last group celebration: Chances are, one of our iconic brands was by your side. At PepsiCo, you’re invited to be a part of a global team of innovators who make, move, and sell these products—which are enjoyed by more than 1 billion people a day. A career at PepsiCo means working in a culture where everyone’s invited. Here, you can dare to be yourself. No matter who you are or where you’re from, you can influence the people around you and the world at large. By showing up, you’ll have the opportunity learn, develop, and grow our unique skill sets at work. Our supportive teams can fuel your professional goals to make a global impact. Join us. Dare for Better. Responsibilities Functional Description: PepsiCo Global Procurement is divided into two primary business units in North America – Beverages (Purchase, NY) and Foods (Plano, TX and Chicago, IL). The Procurement function is responsible for developing and executing sourcing strategies that deliver best-in-class economics, supply assurance, innovation, and sustainability practices for both people and the planet. Procurement is a highly collaborative organization that partners across many functions within the company, including R&D (scientists and engineers to develop industry-leading ingredients and packaging), Marketing (ensure supplier capabilities grow in line with future-looking consumer insights), Finance and Legal (robust analysis and reporting metrics and competitor intel, and best-in-class agreements with external industries), and Manufacturing Plants (facilities that efficiently produce the snacks and beverages that make consumers smile across the globe) to name a few. Global Procurement develops deep industry knowledge and delivers competitive advantage to PEP by negotiating best-in-class sourcing strategies across the following areas: Packaging (cans, bottles, chip bags, etc.) Ingredients (Seasonings & Flavors, Vegetable Oils, Potatoes, Sugar, Corn, etc.) Supply Assurance (planning & analysis, logistics, manufacturing, etc.) Commodity Risk Management (hedging programs, risk mitigation, competitive analysis, etc.) Indirects (IT, Marketing Equipment, Services, etc.) What you can expect: The internship program will be approximately 10 weeks over the summer months. An internship in Global Procurement at PepsiCo is an opportunity to independently solve a critical business problem. Each intern is presented with a timely question for their team and challenged to think strategically to provide a provocative and comprehensive recommendation during their final presentation. This structure mirrors the project-based work process of full-time employees. Although this process lends itself to great autonomy in setting the agenda, workflow and output, interns have the full support of their managers and the broader Global Procurement function. As a class, PepsiCo interns are availed of best-in-class exposure to senior leadership, education on the myriad pieces of the global PepsiCo organization, and opportunities to build relationships with fellow interns across PepsiCo through a summer calendar packed with fun events. Each MBA intern in Global Procurement will be assigned to one of the above categories and will: Develop comprehensive procurement strategies and programs that improve quality, productivity, sustainability and innovation Develop expertise in procurement fundamentals and categories Develop functional knowledge including Cost Management, Responsible & Ethical Sourcing, etc. Gain exposure to category contracts and supplier management Gather and analyze data to provide meaningful insights Work with cross-functional global teams on unique and focused project work GP internships will be located in Plano, TX or Purchase, NY. Previous Global Procurement intern projects have included: Should PepsiCo vertically integrate the production of a key brand rely on external manufacturing? Should we buy equipment, lease, pursue another path? What are the advantages/disadvantages to localize overseas operations? Identify and develop an industry appropriate sustainability scheme to supplement our apple juice sourcing strategy. Assess all options, align key stakeholders and make business recommendations. Develop a template to track supplier greenhouse gas reductions, benchmark across 20 rigid packaging suppliers, and develop recommendations to optimize results. Conduct an analysis of different sourcing strategies including RFPs, e-auctions, blind auctions, reverse auctions, etc. and the optimal conditions for each type, including how they apply to different Packaging and Ingredient categories at PEP. Compensation & Benefits: The expected compensation hourly pay ranges for hires into our 2026 campus intern openings is $55.50 – $56/hour. Role, degree discipline, degree level, and location are part of the process when determining actual starting salary for positions. Hourly pay for our campus hires is pre-determined and non-negotiable. We love to convert our interns to full time opportunities! Our full-time positions have a comprehensive benefits package that include: Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement. In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan Qualifications What we’re looking for: Currently pursuing a Masters of Business Administration degree 3+ years of related work experience Highly motivated self-starter Highly focused, analytical thinkers Cross-functional collaborators with strong communication and influencing skills Proven people/project leadership throughout your career (academic or professional) Ability to work in an unstructured environment with the ability to make tradeoff decisions quickly Demonstrated ability to work in a results-oriented, challenging environment Effective coaching, facilitation, presentation, and team building skills Ability to give/receive constructive feedback Prior knowledge and/or experience with a consumer packaged goods corporation is preferred Experience in procurement, strategic sourcing, operations, supply chain, or consulting is preferred Minimum Qualifications - Each candidate is expected to: Graduate with an MBA degree within one (1) year of internship completion (Dec 2026 or May 2027). This position is limited to persons with indefinite right to work in the United States. EEO Statement Our Company will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Credit Reporting Act, and all other applicable laws, including but not limited to, San Francisco Police Code Sections 4901-4919, commonly referred to as the San Francisco Fair Chance Ordinance; and Chapter XVII, Article 9 of the Los Angeles Municipal Code, commonly referred to as the Fair Chance Initiative for Hiring Ordinance. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity If you'd like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law & EEO is the Law Supplement documents. View PepsiCo EEO Policy. Please view our Pay Transparency Statement

Functional Description: PepsiCo Global Procurement is divided into two primary business units in North America – Beverages (Purchase, NY) and Foods (Plano, TX and Chicago, IL). The Procurement function is responsible for developing and executing sourcing strategies that deliver best-in-class economics, supply assurance, innovation, and sustainability practices for both people and the planet. Procurement is a highly collaborative organization that partners across many functions within the company, including R&D (scientists and engineers to develop industry-leading ingredients and packaging), Marketing (ensure supplier capabilities grow in line with future-looking consumer insights), Finance and Legal (robust analysis and reporting metrics and competitor intel, and best-in-class agreements with external industries), and Manufacturing Plants (facilities that efficiently produce the snacks and beverages that make consumers smile across the globe) to name a few. Global Procurement develops deep industry knowledge and delivers competitive advantage to PEP by negotiating best-in-class sourcing strategies across the following areas: Packaging (cans, bottles, chip bags, etc.) Ingredients (Seasonings & Flavors, Vegetable Oils, Potatoes, Sugar, Corn, etc.) Supply Assurance (planning & analysis, logistics, manufacturing, etc.) Commodity Risk Management (hedging programs, risk mitigation, competitive analysis, etc.) Indirects (IT, Marketing Equipment, Services, etc.) What you can expect: The internship program will be approximately 10 weeks over the summer months. An internship in Global Procurement at PepsiCo is an opportunity to independently solve a critical business problem. Each intern is presented with a timely question for their team and challenged to think strategically to provide a provocative and comprehensive recommendation during their final presentation. This structure mirrors the project-based work process of full-time employees. Although this process lends itself to great autonomy in setting the agenda, workflow and output, interns have the full support of their managers and the broader Global Procurement function. As a class, PepsiCo interns are availed of best-in-class exposure to senior leadership, education on the myriad pieces of the global PepsiCo organization, and opportunities to build relationships with fellow interns across PepsiCo through a summer calendar packed with fun events. Each MBA intern in Global Procurement will be assigned to one of the above categories and will: Develop comprehensive procurement strategies and programs that improve quality, productivity, sustainability and innovation Develop expertise in procurement fundamentals and categories Develop functional knowledge including Cost Management, Responsible & Ethical Sourcing, etc. Gain exposure to category contracts and supplier management Gather and analyze data to provide meaningful insights Work with cross-functional global teams on unique and focused project work GP internships will be located in Plano, TX or Purchase, NY. Previous Global Procurement intern projects have included: Should PepsiCo vertically integrate the production of a key brand rely on external manufacturing? Should we buy equipment, lease, pursue another path? What are the advantages/disadvantages to localize overseas operations? Identify and develop an industry appropriate sustainability scheme to supplement our apple juice sourcing strategy. Assess all options, align key stakeholders and make business recommendations. Develop a template to track supplier greenhouse gas reductions, benchmark across 20 rigid packaging suppliers, and develop recommendations to optimize results. Conduct an analysis of different sourcing strategies including RFPs, e-auctions, blind auctions, reverse auctions, etc. and the optimal conditions for each type, including how they apply to different Packaging and Ingredient categories at PEP. Compensation & Benefits: The expected compensation hourly pay ranges for hires into our 2026 campus intern openings is $55.50 – $56/hour. Role, degree discipline, degree level, and location are part of the process when determining actual starting salary for positions. Hourly pay for our campus hires is pre-determined and non-negotiable. We love to convert our interns to full time opportunities! Our full-time positions have a comprehensive benefits package that include: Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement. In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan

What we’re looking for: Currently pursuing a Masters of Business Administration degree 3+ years of related work experience Highly motivated self-starter Highly focused, analytical thinkers Cross-functional collaborators with strong communication and influencing skills Proven people/project leadership throughout your career (academic or professional) Ability to work in an unstructured environment with the ability to make tradeoff decisions quickly Demonstrated ability to work in a results-oriented, challenging environment Effective coaching, facilitation, presentation, and team building skills Ability to give/receive constructive feedback Prior knowledge and/or experience with a consumer packaged goods corporation is preferred Experience in procurement, strategic sourcing, operations, supply chain, or consulting is preferred Minimum Qualifications - Each candidate is expected to: Graduate with an MBA degree within one (1) year of internship completion (Dec 2026 or May 2027). This position is limited to persons with indefinite right to work in the United States.