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 Sourcing and Contract Management and partner closely with key stakeholders to support projects, as necessary.
Job Responsibilities:
Collaborate with Sourcing managers to meet company objectives as you produce, implement, and support sourcing strategies that ensure best valueManage and prioritize the project stream, working with internal stakeholders to determine project definition and business requirementsManage and monitor supplier performance using meaningful and objective KPI measurements and periodic business reviewsVerify and maintain accurate supplier data, including tax and bank information, quotations, and legal agreementsReconcile outstanding invoices and resolve discrepancies through proactive customer/stakeholder engagementAssist competitive bidding using a multi-step sourcing process and utilization of RFx.Support Procurement / Contracts Projects as required.Job Qualifications:
An interest in Procurement and Supplier Chain activities working within a team with a focus on building knowledge and experience in a global technology companyCustomer-focused mindsetCritical thinking and problem solvingExcellent decision-making and leadership capabilitiesConflict resolution experienceAdaptabilityThrive and create a collaborative work environmentDetail oriented and well organizedGood verbal and written communication skills (with team, stakeholders, and management)Education and Experience:
Currently enrolled in a BS/MS in Procurement/Business Administration or equivalentGeneral understanding of procurement, supplier chain, and supplier managementGood working knowledge of Microsoft applications: Word, Excel, and PowerPointExperience with eProcurement technologies a plus (i.e., Coupa, Ariba, Oracle)Facilitation skills to collaborate with stakeholders and within Global Strategic SourcingGood teamwork and influencing skillsCan commit to at least a 12-week internshipAbility to relocate to the Bay Area, California, for the duration of the internshipAdditional 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.
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