Sourcing Intern

Cadence Global Strategic Sourcing Team Position

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology. 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 eleven 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 value
• Manage and prioritize the project stream, working with internal stakeholders to determine project definition and business requirements
• Manage and monitor supplier performance using meaningful and objective KPI measurements and periodic business reviews
• Verify and maintain accurate supplier data, including tax and bank information, quotations, and legal agreements
• Reconcile outstanding invoices and resolve discrepancies through proactive customer / stakeholder engagement
• Assist 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 company. Customer-focused mindset. Critical thinking and problem solving. Excellent decision-making and leadership capabilities. Conflict resolution experience. Adaptability. Thrive and create a collaborative work environment. Detail oriented and well organized. Good verbal and written communication skills (with team, stakeholders, and management).

Education and Experience : Currently enrolled in a BS / MS in Procurement / Business Administration or equivalent. General understanding of procurement, supplier chain, and supplier management. Good working knowledge of Microsoft applications : Word, Excel, and PowerPoint. Experience with eProcurement technologies a plus (i.e., Coupa, Ariba, Oracle). Facilitation skills to collaborate with stakeholders and within Global Strategic Sourcing. Good teamwork and influencing skills. Can commit from January to May 2026. Ability to relocate to the Bay Area, California, for the duration of the internship.

Additional 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. We're doing work that matters. Help us solve what others can't. Cadence plays a critical role in creating the technologies that modern life depends on. We are a global electronic design automation company, providing software, hardware, and intellectual property to design advanced semiconductor chips that enable our customers create revolutionary products and experiences. Thanks to the outstanding caliber of the Cadence team and the empowering culture that we have cultivated for over 25 years, Cadence continues to be recognized by Fortune Magazine as one of the 100 Best Companies to Work For. Our shared passion for solving the world's toughest technical challenges, our dedication to pushing the limits of the industry, and our drive to do meaningful work differentiates the people of Cadence. Cadence is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, basis of disability, or any other protected class.