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Intern, Procurement

Job Description

We are seeking a motivated and detail-oriented Procurement Intern to join our team. This role provides an excellent opportunity to gain hands-on experience in procurement operations, supplier management, and supply chain optimization. You will work closely with our Procurement team, supporting day-to-day operations and strategic initiatives

  • Support VP/SD in US and directors in Asia on
  • Procurement operations with outsourced suppliers including Foundry, OSAT, and Test house, including but not limited to
  • Strategic sourcing : price, capacity
  • Building relationships with suppliers and coordinating with related internal departments
  • Coordinate with other dept on RFI/RFQ
  • Work closely with procurement teams in Asia
  • Coordinate between US EU and Asia sales among suppliers with Asia proc team
  • Organizing QBR (Supplier performance review/Score monitoring)
  • Arrange and join meetings with suppliers
  • Support travel arrangement

Qualifications

  • Currently pursuing a Bachelor’s or Master’s degree in Supply Chain Management, Procurement, Business Administration, Economics, Logistics, or a related field.
  • Analytical Thinking: Ability to analyze data, identify trends, and provide actionable insights.
  • Detail-Oriented: Strong attention to detail and accuracy in handling procurement tasks and documentation.
  • Communication Skills: Excellent verbal and written communication skills for vendor correspondence and internal collaboration.
  • Technical Proficiency:
    • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
    • Familiarity with procurement tools or enterprise systems (e.g., SAP, Oracle, or Ariba) is a plus.
  • Problem-Solving: Ability to identify issues and propose effective solutions in a timely manner.
  • Organizational Skills: Strong time management skills with the ability to handle multiple tasks simultaneously.

Additional Information

The expected annual pay  for this position is $28.00 an hour. Please note that final offer amount will be dependent on geographic location, applicable experience, and skillset of the candidate.

Renesas offers a full range of elective benefits including medical, health savings account (with applicable medical plan), dental, vision, health and/or dependent care flexible spending accounts, pre-tax commuter benefits, life insurance, AD&D, and pet insurance. In addition to elective benefit options, benefited employees receive company-paid life insurance and AD&D, LTD, short term medical benefits as well as paid sick time, paid holidays, and accrued paid vacation. New employees will attend a detailed benefit orientation to learn more about our many benefits and resources.

Renesas Electronics Corporation empowers a safer, smarter and more sustainable future where technology helps make our lives easier. The leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com.

Renesas is an embedded semiconductor solution provider driven by its Purpose ‘To Make Our Lives Easier.’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power.
 
With a diverse team of over 21,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘To Make Our Lives Easier.’     
 
At Renesas, you can: 

  • Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things.  
  • Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure. 
  • Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day.    

Are you ready to own your success and make your mark?  

Join Renesas. Let’s Shape the Future together.  

Renesas Electronics is an equal opportunity and affirmative action employer, committed to celebrating diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by federal, state or local law. For more information, please read our Diversity & Inclusion Statement.

Average salary estimate

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$58240K

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What You Should Know About Intern, Procurement, Renesas Electronics

Are you ready to launch your career in procurement? At Renesas Electronics Corporation, located in sunny San Jose, California, we are excited to welcome a dedicated and detail-oriented Procurement Intern to our dynamic team. This position is not just about filling a role; it's an incredible opportunity to immerse yourself in the world of procurement operations as you support our experienced VP and directors across the US and Asia. You’ll be involved in exciting tasks like strategic sourcing, building relationships with suppliers, and coordinating essential activities with various departments. If you’re currently pursuing a degree in Supply Chain Management, Business Administration, or a related field, this might be the perfect fit for you! As a Procurement Intern, you'll become familiar with price negotiations, supplier performance reviews, and the importance of effective communication. It's all about mastering time management and organizational skills while using tools like Microsoft Office to produce stellar documentation and insights. Plus, you’ll be part of a company that empowers innovative technology and sustainable practices, which will not only develop your professional skills but also make a positive impact on the world. Join us at Renesas and embark on an exciting journey where you can learn, grow, and shape the future together with a great team. Come and make your mark!

Frequently Asked Questions (FAQs) for Intern, Procurement Role at Renesas Electronics
What are the main responsibilities of an Intern, Procurement at Renesas?

As an Intern, Procurement at Renesas, your key responsibilities will include supporting procurement operations with our outsourced suppliers, assisting with strategic sourcing, and building relationships within the supply chain. You’ll coordinate activities related to RFI/RFQ processes and participate in supplier performance reviews.

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What qualifications are needed for the Procurement Intern position at Renesas?

To qualify for the Procurement Intern position at Renesas, you should be pursuing a Bachelor’s or Master’s degree in Supply Chain Management, Procurement, Business Administration, or a related field. Strong analytical, communication, and organizational skills, along with proficiency in Microsoft Office, are also essential.

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How does Renesas support its Procurement Interns in their career growth?

Renesas actively supports the career growth of its Procurement Interns by providing hands-on experience in procurement operations, mentorship from experienced professionals, and opportunities to engage in strategic projects that align with business goals, all within a people-first culture.

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What compensation and benefits can a Procurement Intern expect at Renesas?

A Procurement Intern at Renesas can expect an hourly pay of $28.00, along with access to a range of benefits such as medical insurance, paid sick time, and a comprehensive benefit orientation. This will equip you with valuable insights into the company's many resources.

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What skills are most important for a successful Procurement Intern at Renesas?

Key skills for success as a Procurement Intern at Renesas include analytical thinking, attention to detail, effective communication, technical proficiency with software tools, and strong organizational skills to manage multiple tasks efficiently throughout your internship.

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Does Renesas promote diversity and inclusion in hiring for the Procurement Intern role?

Yes, Renesas is committed to promoting diversity and inclusion in all hiring practices, including for the Procurement Intern role. The company fosters a work environment free of discrimination and celebrates the diversity of its workforce.

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What can a Procurement Intern expect from the work environment at Renesas?

As a Procurement Intern at Renesas, you can expect a flexible and inclusive work environment that supports your performance and well-being. The company promotes a culture of collaboration and provides opportunities for remote work, enabling you to excel from day one.

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Common Interview Questions for Intern, Procurement
Can you explain your understanding of the procurement process?

To answer this question, outline the major steps in the procurement process, including identification of needs, supplier selection, negotiation, and contract management. Highlight your readiness to engage actively in these processes during your internship with Renesas.

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How do you prioritize tasks when handling multiple projects in procurement?

Describe your approach to prioritizing tasks by assessing urgency and importance. Mention techniques like creating to-do lists or using project management tools to stay organized and ensure timely completion of procurement activities at Renesas.

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What analytical tools have you used in your studies to support procurement decisions?

Talk about specific analytical tools or software you've encountered, such as Excel for data analysis or any procurement-specific tools. Discuss how you’ve used data to draw insights that support decision-making in a procurement context.

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How would you handle a difficult vendor relationship?

Approach this question by discussing conflict resolution strategies, such as open communication, understanding the vendor’s perspective, and seeking mutually beneficial solutions. Demonstrating an ability to foster relationships is crucial for a Procurement Intern at Renesas.

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Can you tell us about a time you used data to solve a problem?

Share a specific example where you analyzed data and identified trends that led to effective problem-solving. Emphasize your analytical skills and how they would apply in a procurement setting to optimize processes at Renesas.

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What role does teamwork play in the procurement process?

Emphasize the importance of collaboration in procurement. Discuss how working with cross-functional teams ensures seamless communication and coordination, ultimately leading to better decision-making and supplier management at Renesas.

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Why are you interested in the Procurement Intern position at Renesas?

Express your passion for procurement and your admiration for Renesas’ commitment to technology and innovation. Highlight how the internship aligns with your career goals and allows you to contribute to exciting projects while learning from industry experts.

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Describe a time when you had to learn something new quickly.

Provide an example where you successfully adapted to a new situation or learned a new tool or process in a short timeframe. This shows your adaptability and preparedness for the fast-paced environment at Renesas.

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What challenges do you foresee in a procurement role, and how would you address them?

Discuss common challenges like supplier reliability or cost fluctuations, and present thoughtful strategies for mitigating these challenges, such as building strong supplier relationships or employing effective negotiation techniques.

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How do you ensure accuracy in your procurement documentation?

Explain methods you use to verify and double-check your work, such as reviewing documents multiple times, utilizing checklists, or collaborating with peers. Accuracy is vital in procurement, and showcasing your thoroughness can set you apart.

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Renesas Electronics Corporation delivers trusted embedded design innovation with complete semiconductor solutions. Renesas provides quality and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Auto...

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Internship, hybrid
DATE POSTED
November 28, 2024

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