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IDEAL INDUSTRIES, INC · 1 month ago

Sourcing Intern

Sycamore, IL, US

Internship

Onsite

Intern

$15/hr - $20/hr

IDEAL Industries, Inc. is a well-established company known for its innovative tools and technology in various industries. The Sourcing Intern will support the Strategic Sourcing team by collecting and analyzing supplier data, participating in team meetings, and assisting with sourcing projects, gaining valuable exposure to procurement processes.

Electrical DistributionElectronic Health Record (EHR)ElectronicsManufacturing

Comp. & Benefits

Responsibilities

Collaborate with cross-functional teams to collect, analyse, and read data to provide insights

Participate in team meetings and trainings

Analyze the impact of price changes using Excel to enhance business decision-making

Monitor commodity markets to track and report on trends

Request, evaluate, and compare vendor quotes for new product sourcing decisions

Update purchase orders, item pricing, and vendor data in ERP(D365) to ensure accurate records

Develop standard work for tasks performed in D365

Support efficient email retention and record-keeping processes in line with ISO requirements

Create data-driven insights with Microsoft Power BI and Excel to assess supplier spend, evaluate risk exposure, and recommend mitigation strategies

Participate in team meetings and trainings

Assist sourcing team with supplier research and sourcing initiatives

Support documentation and reporting for sourcing projects

Contribute to process improvement activities

Track progress monthly on key performance indicators

Qualification

ExcelMicrosoft Office SuiteBasic supply chain understandingCommunication skillsTeam collaborationTime management

Required

Pursuing degree in Supply Chain Management, Business, or a related field

Basic supply chain understanding

Proficient in Microsoft Office Suite

Excel skills for data collection, spreadsheet organization and data analysis

Strong communication skills

Ability to work successfully as part of a team as well as independently

Ability to manage time independently, meet deadlines and prioritize tasks

Company

IDEAL INDUSTRIES, INC

IDEAL INDUSTRIES, INC is a family of brands that have made their mark by developing the products and practical technology demanded by critical industries like data communications, aerospace, electrical, wire processing, construction and more.

Founded in 1916