Magna International is a leading mobility technology company in the automotive industry, committed to innovation and employee development. The Purchasing Intern will assist the Purchasing department in identifying cost-saving opportunities and gain hands-on experience in procurement processes and vendor relationships.
Responsibilities
Support Cost-Reduction Initiatives: Assist the purchasing team in identifying cost-saving opportunities through supplier negotiations, benchmarking, and analysis of material costs. (MRO and direct purchasing)
Enhance Supplier Relationship Management: Learn and apply best practices for maintaining strong relationships with suppliers to ensure timely delivery, quality compliance, and competitive pricing
Develop Knowledge of Automotive Supply Chain: Gain hands-on experience in procurement processes, from RFQs (Request for Quotation) to purchase order management, while understanding industry standards and compliance requirements
Qualification
Required
Strong attention to detail with the ability ensure accuracy in data and documentation
Strong communication skills, both written and verbal, for interacting with vendors and internal teams
Basic analytical skills and the ability to compare pricing, terms, and supplier information
High School Diploma
Currently pursuing a degree in Supply Chain Management, Industrial Engineering, Business Administration, or related field
Familiarity with Microsoft Excel (pivot tables, VLOOKUP)
Ability to identify issues in supply chain and propose practical solutions
Ability to assist in supplier negotiations and understand cost drivers
Professional Communication skills (written and verbal)
Preferred
Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.
