Internship

Global Sourcing Intern

Winter/Spring 2025

Posted on 10/8/2024

Formlabs

Formlabs

501-1,000 employees

Advanced 3D printing solutions for dentistry

Industrial & Manufacturing
Healthcare

Cambridge, MA, USA

Onsite in Somerville, MA.

Category
Procurement & Sourcing
Supply Chain Management
Operations & Logistics
Required Skills
Excel/Numbers/Sheets
Requirements
  • Have a technical, engineering, or procurement background
  • Excited to source, contact, and evaluate potential suppliers for quality, reliability, cost and capacity
  • Able to work with a variety of teams, communicating effectively in-person and remotely.
  • Organized and focused, able to handle concurrent conversations and projects, documenting progress along the way
  • Eagerness to learn and adapt to new challenges.
  • Leadership experience and exposure to project management
  • Bonus Skills (Optional): Manufacturing and procurement experience, Advanced use of Microsoft Excel - Google Suite, Product development experience, Familiarity with part inspection and corrective action, i.e. Quality Control, Experience with the manufacturing technologies used to make our printer parts: injection molding, machining, sheet metal stamping, bending, and forming, SMT etc., Chinese language skills.
Responsibilities
  • Work directly with current and potential suppliers to keep our material pipeline flowing. Support supply chain risk assessments and contingency planning.
  • Develop strategies to better optimize our suppliers for cost, quality, and supply resilience.
  • Conduct market analysis to provide deep and meaningful sourcing insights
  • Support the team in managing purchase orders, invoices, and supplier communications.
  • Supplier sourcing, qualification, and negotiation processes.
  • Assist in coordinating logistics and ensuring smooth transition of products from development to mass production.

Formlabs specializes in 3D printing solutions specifically designed for the dental industry. Their main product, the Form 3B printer, is recognized for its speed, accuracy, and user-friendly operation, making it suitable for both chairside and laboratory use. The printers work by using advanced technology to create precise dental models and devices from proprietary resins, allowing dental professionals to fabricate items in-house efficiently. Unlike many competitors, Formlabs focuses exclusively on the dental sector, providing tailored solutions that streamline workflows and enhance patient care. The goal of Formlabs is to improve the efficiency and effectiveness of dental practices by offering high-quality 3D printing tools and support.

Company Stage

Series E

Total Funding

$246.8M

Headquarters

Somerville, Massachusetts

Founded

2011

Growth & Insights
Headcount

6 month growth

-9%

1 year growth

-13%

2 year growth

-14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Formlabs' acquisition of Micronics expands their SLS 3D printing capabilities and market reach.
  • The launch of Form 4 printer offers faster print speeds, boosting productivity for professionals.
  • Growing demand for dental 3D printing solutions supports Formlabs' specialized product offerings.

What critics are saying

  • Increased competition from emerging 3D printing companies threatens Formlabs' market share.
  • Rapid technological advancements require continuous R&D investment, straining financial resources.
  • Recent layoffs suggest internal challenges in meeting efficiency targets, affecting stability.

What makes Formlabs unique

  • Formlabs offers high-resolution 3D printers for diverse industries, including dental and healthcare.
  • Their proprietary Low Force Stereolithography (LFS)™ technology enhances print quality and reliability.
  • Formlabs' extensive material library supports specialized applications, like dental resins and industrial parts.

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Benefits

Flexible vacation

Premium coverage for medical, dental, and vision plans

Paid parental leave

Commuter benefits

Unlimited 3D prints

INACTIVE