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Jr Sourcing Associate Intern

2 months ago

San Jose, United States Cadence Design Systems Full time
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

About Cadence: Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware, and IP that turn design concepts into reality. Cadence customers are the worlds most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. Fortune magazine has named Cadence one of the 100 Best Companies to Work For for nine years in a row.

About the Global Strategic Sourcing (GSS) organization: We are about People. Partnership. Performance. We provide strategic value in Cadences procurement process that includes spend visibility, sourcing, contract management, operations, and supplier management. Procurement proactively delivers a simplified and efficient solution that improves our customers' experience while ensuring compliance/risk mitigation and identifying cost savings opportunities.

At Cadence, we hire and develop leaders and innovators who want to impact the world of technology.

Job Overview:

This role will operate within the Global Strategic Sourcing (GSS) Team under Sourcing and Contract Management and partner closely with key stakeholders to support projects, as necessary.

Job Responsibilities:

  • Collaborate with Sourcing managers to meet company objectives as you produce, implement, and support sourcing strategies that ensure best value
  • Manage and prioritize the project stream, working with internal stakeholders to determine project definition and business requirements
  • Manage and monitor supplier performance using meaningful and objective KPI measurements and periodic business reviews
  • Verify and maintain accurate supplier data, including tax and bank information, quotations, and legal agreements
  • Reconcile outstanding invoices and resolve discrepancies through proactive customer/stakeholder engagement
  • Assist competitive bidding using a multi-step sourcing process and utilization of RFx.
  • Support Procurement / Contracts Projects as required.

Job Qualifications:

  • An interest in Procurement and Supplier Chain activities working within a team with a focus on building knowledge and experience in a global technology company
  • Customer-focused mindset
  • Critical thinking and problem solving
  • Excellent decision-making and leadership capabilities
  • Conflict resolution experience
  • Adaptability
  • Thrive and create a collaborative work environment
  • Detail oriented and well organized
  • Good verbal and written communication skills (with team, stakeholders, and management)

Education and Experience:

  • Currently enrolled in a BS/MS in Procurement/Business Administration or equivalent
  • General understanding of procurement, supplier chain, and supplier management
  • Good working knowledge of Microsoft applications: Word, Excel, and PowerPoint
  • Experience with eProcurement technologies a plus (i.e., Coupa, Ariba, Oracle)
  • Facilitation skills to collaborate with stakeholders and within Global Strategic Sourcing
  • Good teamwork and influencing skills
  • Can commit to at least a 12-week internship
  • Ability to relocate to the Bay Area, California, for the duration of the internship

Additional Information:

Cadence is committed to equal employment opportunity and employment equity throughout all levels of the organization. We strive to attract a qualified and diverse candidate pool and encourage diversity and inclusion in the workplace.

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