Intern Commodity Risk Management Jobs in Indiana

Description:

The Commodity Manager – MRO & CapEx is responsible for developing and executing sourcing strategies, supplier management, and cost optimization for Maintenance, Repair & Operations (MRO) and CapEx activities. This individual will play a critical role in ensuring the uninterrupted flow of indirect goods and services that support manufacturing operations of instrumentation devices, while driving cost competitiveness, supplier performance, and risk mitigation. This individual will support multiple global sites, with an emphasis on consolidating and standardizing MRO and CapEx processes.

Strategic Sourcing & Category Management

• Develop and implement sourcing strategies for MRO and indirect material categories (e.g., tooling, safety equipment, spare parts, consumables, facility services, IT/office supplies).
• Analyze spend data, supplier base, and market trends to identify opportunities for consolidation, cost savings, and value creation.
• Lead competitive bidding processes (RFQ, RFI, RFP) and negotiate favorable pricing, terms, and conditions.
• Partner with engineering, operations, and maintenance teams to align procurement strategy with operational needs.
• Lead strategic sourcing and procurement activities for global Capital Expenditure (CapEx) projects across manufacturing sites and business units.
• Manage sourcing initiatives for production equipment, automation systems, facility infrastructure, tooling, utilities, packaging equipment, and industrial services.
• Partner with Engineering, Operations, Manufacturing, Facilities, EHS, and Finance teams to develop sourcing strategies aligned with operational and investment objectives.
• Drive competitive RFQ/RFP processes for CapEx projects, including supplier identification, bid analysis, commercial negotiations, and contract execution.
• Negotiate pricing, payment terms, warranties, service agreements, installation support, spare parts packages, and long-term maintenance agreements.
• Evaluate supplier technical capabilities, project execution history, financial stability, and global support footprint to ensure successful project implementation.
• Support global manufacturing expansion, transfer, consolidation, and automation initiatives through effective supplier engagement and project sourcing.
• Develop and maintain preferred supplier relationships for key CapEx categories including automation, machining equipment, assembly equipment, HVAC, electrical systems, and facility construction services.
• Collaborate with project stakeholders to manage total cost of ownership (TCO), lifecycle costs, energy efficiency considerations, and standardization opportunities.
• Monitor supplier performance related to project timelines, equipment quality, commissioning support, installation execution, and post-launch support.
• Identify opportunities for supplier consolidation, global leverage, standardization, and multi-site sourcing synergies.
• Ensure compliance with company procurement policies, capital approval processes, contract requirements, and applicable regulatory standards.
• Support annual capital budgeting activities through cost benchmarking, market intelligence, and early supplier engagement.
• Mitigate supply chain and project execution risks through contingency planning, dual sourcing strategies, and proactive supplier management.
• Travel 15-20%

Supplier Management & Performance

• Identify, qualify, and manage suppliers to ensure reliable supply, cost competitiveness, and compliance with company standards.
• Develop and maintain supplier scorecards, monitor KPIs (on-time delivery, quality, cost savings), and drive continuous improvement initiatives.
• Establish strategic supplier partnerships to ensure innovation, cost transparency, and risk management.
• Resolve supplier performance issues and support root cause/corrective actions.

Operational Excellence & Process Improvement

• Work closely with plant operations and maintenance teams to anticipate demand, prevent downtime, and ensure MRO readiness.
• Standardize indirect material sourcing processes across multiple company locations to leverage scale.
• Implement best practices in procurement, contract management, and supplier risk mitigation.
• Collaborate with finance to manage budgets, track savings, and report results.

Compliance & Risk Management

• Ensure adherence to corporate procurement policies, ethical sourcing standards, and regulatory compliance.
• Mitigate supply risks by diversifying suppliers and maintaining robust business continuity plans.
• Monitor global supply market trends and anticipate potential cost or supply chain impacts.

Requirements:

Education: Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field required. Advanced degree or CPSM/CPIM certification preferred

Experience: 5+ years in strategic sourcing, commodity management, or supply chain roles preferred, with at least 2 years focused on MRO or indirect procurement in a manufacturing environment.

Skills:

• Strong negotiation and contract management skills.
• Proven track record of delivering cost savings and supplier performance improvements.
• Analytical mindset with experience in spend analysis and market benchmarking.
• Ability to build strong cross-functional relationships (engineering, operations, maintenance, finance).
• Proficiency with ERP/MRP systems and procurement tools.
• Excellent communication and presentation skills.