Procurement and Costing
2 weeks ago
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.
- 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.
- 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.
- 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.
- 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.
- 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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