Electric Machinery Company, a division of WEG Electric Corp.
Minneapolis, Minnesota
Position: Supply ChainIntern
Primary Objective of Position:
The Supply Chain Intern is designed to expose you to various aspects of Electric Machinery’s supply chain, including procurement, logistics, and inventory management. You will work closely and learn from our experienced supply chain professionals, contributing to ongoing projects, gaining understanding and valuable insights into the end-to-end supply chain process of Electric Machinery’s operations.
Supply Chain Interns will collaborate with all departments at Electric Machinery and perform functions and tasks in support of functional areas including Sourcing, Procurement, and Inventory Control. There will be project-oriented assignments where a manager is assigned for your support, growth, and development, and evaluation/feedback.
Interns will identify and present a final project at the end of their internship to illustrate how the Intern contributed value to Electric Machinery.
Major Areas of Accountability:
a. lead a high-visibility project focused on the financial and operational optimization of our inventory to improve the inventory turn over.
b. to analyze slow-moving inventory, identify root causes of obsolescence, and propose data-driven strategies to improve cash flow and warehouse efficiency.
c. Audit and redefine Safety Stock levels and Reorder Points (ROP) within the ERP system to prevent future overstocking.
d. Quantify the "Carrying Cost" of current inventory and the projected savings of the proposed reductions.
Qualifications/Knowledge/Skills/Abilities:
Salary
$21.00 to $22.50 per hour
Requirements:| Location | Minneapolis, MN |
| Salary | $21–$22.50 Per Hour |
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