Purchasing Analyst Intern @ Cadence Design Systems

INACTIVE

Internship

Purchasing Analyst Intern

Posted on 3/5/2024

Cadence Design Systems

5,001-10,000 employees

Provides software, hardware, and IP for electronic system design

Hardware

San Jose, CA, USA

Required Skills

SAP Products

Financial analysis

Oracle

Requirements

Currently enrolled in a BS\/MS in Procurement\/Business Administration or equivalent
General understanding of procurement, supplier chain, supplier management
Good verbal experience within a team environment
Capable of analytical thinking
Basic knowledge of policies, procedures, and technology
Understanding of ERP systems. i.e., SAP, Ariba, Oracle, Workday etc.
Good working knowledge of MS office suite including Teams, OneDrive, and Webex programs
Ability to relocate to the Bay Area, California for the duration of the internship

Responsibilities

Review the purchasing process for indirect goods and services from sourcing contracts
Partner with the team to expedite purchasing requests
Ensure execution of defined purchasing requirements in line with audit 2 and 3-way match audit process
Provide order status reporting updates weekly
Provide general administrative support to procurement operations and sourcing teams
Collect, edit, and provide Procurement data for financial analysis
Understand the Global Procurement Policy collaboration and training
Support Procurement \/ Contracts Projects as required

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 world’s 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 Cadence’s 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 Procurement Operations and partner closely with key stakeholders to support projects, as necessary.

Job Responsibilities:

Review the purchasing process for indirect goods and services from sourcing contracts.
Partner with the team to expedite purchasing requests.
Ensure execution of defined purchasing requirements in line with audit 2 and 3-way match audit process.
Provide order status reporting updates weekly.
Provide general administrative support to procurement operations and sourcing teams.
Collect, edit, and provide Procurement data for financial analysis.
Understand the Global Procurement Policy collaboration and training.
Support Procurement / Contracts Projects as required.

Job Qualifications:

An interest in Procurement and Supplier Chain activities working within a team with the focus on building knowledge and experience in a global technology company.

Education and Experience:

Currently enrolled in a BS/MS in Procurement/Business Administration or equivalent
General understanding of procurement, supplier chain, supplier management
Good verbal experience within a team environment
Capable of analytical thinking
Basic knowledge of policies, procedures, and technology
Understanding of ERP systems. i.e., SAP, Ariba, Oracle, Workday etc.
Good working knowledge of MS office suite including Teams, OneDrive, and Webex programs
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.

We’re doing work that matters. Help us solve what others can’t.

Cadence Design Systems

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View Company Profile

Cadence Design Systems, a recognized leader in electronic systems design, leverages over three decades of computational software expertise to deliver comprehensive solutions, including software, hardware, and IP, that transform design ideas into tangible products. The company's Intelligent System Design strategy has made it a trusted partner for the world's leading companies in diverse markets such as hyperscale computing, 5G communications, automotive, and healthcare. Cadence's commitment to fostering a positive work environment is evident in its eight-year streak on Fortune's 100 Best Companies to Work For list, underscoring its industry leadership and competitive edge.

Company Stage

N/A

Total Funding

$462.8M

Headquarters

San Jose, California

Founded

1988

Growth & Insights

Headcount

6 month growth

↑ 1%

1 year growth

↑ 7%

2 year growth

↑ 17%

INACTIVE