**Job Description:** Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide. ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance. ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution. Today, ITW (NYSE: ITW) employs ~46,000 people with operations in 51 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities. More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/ **Internship Program Overview** ITW’s internship program provides unparalleled access to challenging opportunities in high-growth, dynamic industries. Interns are encouraged to think and act like entrepreneurs and are provided with significant responsibility to get things done. As an intern, you will gain substantial personal learning and career development opportunities through ownership of real-world job assignments, strong coaching and support with senior leaders across the Enterprise. ITW’s “80/20” front-to-back business model along with our entrepreneurial culture will provide you with the opportunity to work in an organization that is committed to innovation and creativity. Our program gives interns the chance to collaborate with their teams and participate in exciting, enterprise-wide projects. Some of our intern engagement highlights include intern kickoff events, professional workshops, lunch & learns, volunteering during Day of Action, networking, and more. **Position Summary** ITW’s Internship Program is aimed at providing meaningful and fulfilling work experience under the mentorship of skilled professionals. This summer internship program will provide you with marketable experiences and skills, as well as introduce you to ITW’s unique way of doing business. _Excellent performance can result in a full-time employment offer._ **Responsibilities** + Develop basic understanding of assigned commodities: current market conditions, key cost drivers, global supply base, and industry terminology, as it relates to creating purchasing programs for ITW companies. + Conduct broad market research to identify world-class suppliers for the different commodities to be sourced. + Identify sourcing opportunities to drive savings and cost avoidance via spend analysis, stakeholder interviews, and market trends. + Quantify the benefits of sourcing initiatives including the expected savings and baseline spend. + Influencing key stakeholders on strategy initiatives. + Partner across the organization to improve financial results related to sourcing activities. + Utilize project management skills to create a timeline, set milestones, measure progress, and report findings to team. + Collaborate as part of a cross-functional team that includes members from other Corporate ITW teams such as Spend Management and Trade Compliance. **Qualifications** + Rising Junior or Senior students pursuing degree in Business, Supply Chain, or Engineering. + Minimum GPA 3.0. + Strong MS Excel skills, including V-lookup, H-lookup and indexing functions, pivot tables and graphs. Proficient in Microsoft Word and PowerPoint. + Strong communication skills and ability to work collaboratively in a cross-functional team. + Resourceful and able to work independently. + Must be detail-oriented and able to cleanse large sets of data (identifying mistakes in address field assignments, etc.). + Present your accomplishments, lessons learned, and insights in briefings to Strategic Sourcing leadership. + This internship is approximately 40 hours per week for 12 weeks, with flexible start and end dates within the range of May-September. _*ITW is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status_ **Compensation Information:** The hourly rate for this position is $25.00 _ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential._ _As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship._ _All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws._