Procurement and Costing

2 weeks ago


Johannesburg, Gauteng, South Africa Signa Opportunity Full time
About the role:

The Procurement Intern will assist in sourcing, purchasing, and managing materials and supplies for the
manufacturing process. This role provides hands-on experience in supply chain management, vendor
negotiations, and procurement strategies while ensuring cost-effectiveness and efficiency in sourcing operations.

Responsibilities:
Procurement & Sourcing
  • Assist in sourcing suppliers and obtaining quotations for raw materials and components.
  • Compare supplier pricing, quality, and delivery timelines to ensure the best value.
  • Support negotiations with vendors to secure favorable terms and conditions.
  • Maintain an up-to-date database of suppliers and pricing information.
  • Purchase Order & Inventory Management
  • Assist in preparing and processing purchase orders.
  • Track and monitor order deliveries to ensure timely receipt of goods.
  • Assist in stock level analysis to prevent shortages and overstocking.
  • Conduct periodic inventory checks and report discrepancies.
Supplier Relationship Management
  • Communicate with suppliers to confirm order details, delivery schedules, and potential issues.
  • Assist in evaluating supplier performance based on quality, pricing, and reliability.
  • Help maintain long-term relationships with key suppliers.
  • Ensure all procurement processes comply with company policies and industry regulations.
  • Maintain proper documentation of purchase records, invoices, and supplier agreements.
  • Assist in compiling procurement reports for management review.
Cost Analysis & Budgeting
  • Help analyze procurement expenses and suggest cost-saving measures.
  • Assist in budget planning by forecasting material costs.
  • Identify opportunities to optimize procurement spending.
  • Research and suggest improvements in procurement workflows.
  • Assist in digitalizing procurement records for better efficiency.
  • Stay updated on industry trends and new suppliers.
By the end of the internship, the candidate will gain:
  • Practical experience in procurement and supply chain processes.
  • Knowledge of supplier negotiations and contract management.
  • Hands-on exposure to procurement systems and inventory management.
  • Analytical skills in cost-saving and budgeting strategies.
  • Industry knowledge specific to thermal manufacturing and insulation materials.
Additional Information
  • The Procurement Intern will work closely with various departments, including production, finance, and logistics.
  • The role may involve occasional supplier site visits for better understanding of sourcing processes.
  • Opportunities for full-time employment may be available based on performance and business needs.
Requirements:
  • South African Unemployed youth between the ages of 18 and 34.
  • Must not have participated on the programme before.
  • Diploma or Degree in Logistics or Supply Chain, Accounting, or related field.
  • Strong numerical and analytical skills.
  • Proficiency in Microsoft Excel and financial software (advantageous).
  • Good organizational and time management skills.
  • Attention to detail and ability to work with financial data accurately.
  • Strong communication skills and ability to work in a team-oriented environment.
  • Willingness to learn and adapt in a fast-paced work environment.

Please consider your application unsuccessful when you have not heard from the Signa Opportunity team within two weeks of submitting your application.
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