Purchasing Intern- Summer 2026 jobs in United States
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Magna International · 8 hours ago

Purchasing Intern- Summer 2026

Magna International is a leading mobility technology company focused on developing innovative automotive solutions. The Purchasing Intern will support the Purchasing department by assisting in cost-saving initiatives, supplier relationship management, and gaining hands-on experience in procurement processes.

AutomotiveIndustrial EngineeringManufacturing

Responsibilities

Support Cost-Reduction Initiatives: Assist the purchasing team in identifying cost-saving opportunities through supplier negotiations, benchmarking, and analysis of material costs. (MRO and direct purchasing)
Enhance Supplier Relationship Management: Learn and apply best practices for maintaining strong relationships with suppliers to ensure timely delivery, quality compliance, and competitive pricing
Develop Knowledge of Automotive Supply Chain: Gain hands-on experience in procurement processes, from RFQs (Request for Quotation) to purchase order management, while understanding industry standards and compliance requirements

Qualification

Microsoft ExcelAnalytical skillsCommunication skillsSupplier negotiationsAttention to detail

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)
Normal amount of sitting or standing, average mobility to move around an office and manufacturing environment, able to conduct normal amount of work at a computer

Company

Magna International

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Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.

Funding

Current Stage
Public Company
Total Funding
$1.79B
2025-05-14Post Ipo Debt· $1.04B
2024-05-27Post Ipo Debt· $330.18M
2024-03-05Post Ipo Debt· $400M

Leadership Team

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Philip Fracassa
EVP & Chief Financial Officer
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Jorg Meinrich
Purchasing Director
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Company data provided by crunchbase