Procurement intern

Requirements

Procurement Intern

Key Responsibilities

Skills & Qualifications

• 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.
• 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.
• 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.
• 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.
• 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.
• 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)