Founded in 1912, Illinois Tool Works (NYSE: ITW) is a global industrial company centered on a differentiated and proprietary business model. The company’s seven industry-leading segments leverage the ITW Business Model to generate solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s more than 46,000 dedicated colleagues around the world thrive in our decentralized, entrepreneurial culture. Some ITW Divisions and Products you may have heard of: + Hi-Cone: Packaging systems for beer and soft drinks. + Zip-Pak: Resealable packages used to close primarily food and home items. + Rain-X: Windshield Wipers, Glass Cleaners, Car Washes, etc. 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 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. **Why should you apply?** 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. 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._ Join the ITW team at Corporate Headquarters located in Glenview, IL: + Free fitness center open 24/7 + Atrium café (serves Starbucks) + Outdoor volleyball courts + Beautiful walking trails + We are a block walk to the nearest Metra station, a quick 20-minute train ride to downtown Chicago **What You Will Do** + 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. + Rising Junior or Senior year in college student pursuing degree in Business Administration, Supply Chain, or Engineering. Minimum GPA 3.0. Recent graduates also considered. + 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 full-time time onsite at 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_ Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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. If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged. _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. _ ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.