Magna International · 14 hours ago
Purchasing Intern- Summer 2026
Magna International is a leading mobility technology company specializing in automotive innovations. They are seeking a Purchasing Intern who will assist the Purchasing department in identifying cost-saving opportunities, managing supplier relationships, and gaining hands-on experience in procurement processes within a manufacturing environment.
AutomotiveIndustrial EngineeringManufacturing
Responsibilities
Assist the purchasing team in identifying cost-saving opportunities through supplier negotiations, benchmarking, and analysis of material costs. (MRO and direct purchasing)
Learn and apply best practices for maintaining strong relationships with suppliers to ensure timely delivery, quality compliance, and competitive pricing
Gain hands-on experience in procurement processes, from RFQs (Request for Quotation) to purchase order management, while understanding industry standards and compliance requirements
Qualification
Required
Strong attention to detail with the ability ensure accuracy in data and documentation
Strong communication skills, both written and verbal, for interacting with vendors and internal teams
Basic analytical skills and the ability to compare pricing, terms, and supplier information
High School Diploma
Currently pursuing a degree in Supply Chain Management, Industrial Engineering, Business Administration, or related field
Familiarity with Microsoft Excel (pivot tables, VLOOKUP), ability to identify issues in supply chain and propose practical solutions, ability to assist in supplier negotiations and understand cost drivers
Professional Communication skills (written and verbal)
Company
Magna International
Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.
Funding
Current Stage
Public CompanyTotal Funding
$1.79B2025-05-14Post Ipo Debt· $1.04B
2024-05-27Post Ipo Debt· $330.18M
2024-03-05Post Ipo Debt· $400M
Recent News
2025-12-13
Magna International Inc.
2025-11-21
Company data provided by crunchbase