Procurement intern

4 weeks ago

Noida, Uttar Pradesh, India Weekday AI Full time
This role is for one of Weekday's clients
Salary range: Rs 150000 - Rs 180000 (ie INR 1.5-1.8 LPA)
Min Experience: 0 years
Location: NOIDA
JobType: full-time

Requirements

We are looking for a proactive and enthusiastic Procurement Intern to join our Nutra and Pharma procurement team. This role is an excellent opportunity for fresh graduates or early-career professionals to gain hands-on experience in sourcing, supplier management, and client relationship building. As a Procurement Intern, you will work closely with the procurement team to support sourcing activities, negotiate with suppliers, manage relationships with key stakeholders, and contribute to the efficient and cost-effective purchasing of products and materials.

Key Responsibilities

1. Procurement Support & Sourcing

- Assist in identifying and evaluating reliable suppliers for nutraceutical (nutra) and pharmaceutical products.
- Support in gathering product specifications, price quotes, and delivery schedules from vendors.
- Maintain and update supplier databases, ensuring accuracy and completeness.
- Help in preparing purchase orders and related procurement documentation.

2. Negotiation & Cost Management

- Participate in vendor negotiations to achieve the best possible pricing and payment terms.
- Learn and apply negotiation strategies to secure favorable deals while maintaining quality standards.
- Assist in tracking and monitoring procurement budgets to ensure cost-efficiency.

3. Relationship Building & Client Coordination

- Develop and maintain positive relationships with existing suppliers and clients.
- Act as a point of contact for routine supplier and client communications.
- Support in addressing supplier inquiries, resolving issues, and ensuring timely delivery of goods.

4. Market Research & Vendor Development

- Conduct market research to identify new suppliers and industry trends in nutra and pharma procurement.
- Gather intelligence on competitor sourcing strategies and pricing.
- Assist in evaluating new vendors based on quality, reliability, and compliance with industry standards.

5. Documentation & Compliance

- Ensure all procurement activities comply with organizational policies and relevant regulatory requirements.
- Maintain proper records of procurement transactions and supplier communications.
- Assist in preparing reports on purchasing activities, supplier performance, and cost savings.

Skills & Qualifications

- Education: Bachelor's degree or pursuing degree in Supply Chain Management, Business Administration, Pharmaceutical Sciences, or related field.
- Experience: 0+ years; freshers with strong interest in procurement are encouraged to apply.
- Key Skills:

- Strong verbal and written communication skills for effective supplier and client interactions.
- Good negotiation skills to secure cost-effective and quality procurement deals.
- Basic knowledge or academic background in nutra and pharma procurement is preferred.
- Ability to build and maintain strong professional relationships with clients and vendors.
- Detail-oriented, organized, and able to work in a fast-paced environment.
- Proficiency in MS Office (Excel, Word, PowerPoint).

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