Capital Procurement Manager

Arconic Corporation; Lafayette (IN); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Competitive benefits

Development opportunities

Collaborative culture

Job summary

Arconic Corporation seeks a Capital Procurement Manager to join the Rolled Products North America Team based in Lafayette, Indiana. The role leads procurement of capital goods and services to support strategic investments, ensuring sourcing, negotiation and timely acquisition in line with budgets and project schedules.

The ideal candidate has strong analytical and negotiation skills, deep knowledge of capital project lifecycles, and the ability to collaborate with engineering, finance, legal and

Qualifications

• Bachelor’s degree in business, supply chain management, engineering, or a related field from an accredited university.
• MBA and capital-procurement credentials are a plus.
• Experience in capital projects and supplier negotiations.

Responsibilities

• Develop and execute procurement strategies for capital projects aligned with objectives.
• Lead sourcing, bidding, and contract negotiation for capital expenditures.
• Collaborate with project managers, engineers, and technical teams to define specs and timelines.
• Evaluate and qualify suppliers based on quality, cost, delivery, and compliance.
• Monitor supplier performance and manage vendor relationships to ensure project success.
• Drive cost reduction initiatives and ensure internal controls and compliance.

Skills

Analytical skills

Negotiation

Vendor management

Strategic procurement

Cross-functional collaboration

Cost optimization

Market analysis

Contract negotiation

Education

Bachelor’s degree in business or related field

MBA in Business Administration/Economics

Tools

SAP

Oracle

MS Office Suite

Job description

Arconic is currently in search of aCapital Procurement Managerto join ourRolled Products North America Teambased out ofLafayette, IN.

At Arconic, we take pride in our work and our innovative products and technologies that advance sustainable solutions for a better world. We strive to create a safe, inclusive, and collaborative workplace with competitive benefits, development opportunities and a culture that values and rewards employees on all levels of the organization.

Job Summary:

The Capital Procurement Manager is responsible for leading and managing the procurement of capital goods and services to support the organization’s strategic investment initiatives. This role ensures the effective sourcing, negotiation, and acquisition of high-value equipment, construction services, and technology systems, while aligning with budgetary goals, project timelines, and compliance standards.

The ideal candidate will possess strong analytical and negotiation skills, a deep understanding of capital project lifecycles, and the ability to collaborate cross-functionally with engineering, finance, legal, and operations teams. The Capital Procurement Manager will also be instrumental in developing supplier relationships, managing risk, and driving cost optimization strategies.

In this role, you will:

• Develop and execute procurement strategies for capital projects in alignment with organizational objectives


• Lead sourcing, bidding, and contract negotiation processes for capital expenditures


• Collaborate with project managers, engineers, and technical teams to define specifications and procurement timelines


• Evaluate and select suppliers based on quality, cost, delivery, and project specific compliance criteria


• Monitor supplier performance and manage vendor relationships to ensure project success


• Ensure adherence to internal controls, legal requirements, and industry standards


• Analyze market trends and identify opportunities for cost savings and process improvements


• Prepare and present procurement reports and forecasts to senior leadership


• Proactively identify and drive cost reduction initiatives


• Perform commercial evaluations and assist with technical evaluations leading to an award recommendation


• Work directly with legal personnel to create the required contract documents


• Identify and qualify suppliers with expertise in supplying industrial manufacturing equipment


• Identify and qualify suppliers with expertise in industrial construction


• Conduct market analyses on materials, products, and services associated with capital projects


• Work to minimize the number of "single source" purchase orders


• Lead the efforts to resolve any disputes that may arise between the project team and suppliers


• Apply strong analytical and decision-making skills that foster developing creative solutions and support the business mission


• Assist in value engineering exercises to obtain the lowest cost for the desired capital solution


• Manage multiple projects simultaneously while achieving key business objectives


• Travel as required to suppliers and project sites (<10% of time)

You have:

• Bachelor’s degree in business, supply chain management, engineering, or a related field from an accredited university


• 5 years of procurement experience in capital projects, preferably in aluminum or metals manufacturing


• Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.


• This position requires access to controlled technology, as defined in the Export Administration Regulations (15 C.F.R. §730, et seq.) and/or the International Traffic in Arms Regulations (ITAR). Authorizations from the relevant government agency may be required to meet export control compliance requirements.

Exceptional Candidates also have:

• MBA in Business Administration/Economics or similar advanced degree


• 7+ years of procurement experience in capital projects, preferably in aluminum or metals manufacturing


• Strong knowledge of heavy industrial equipment, fabrication, and installation processes


• Proven ability to manage complex supplier negotiations associated with capital projects


• Proficiency in ERP systems (e.g., SAP, Oracle)


• Excellent communication, analytical, and stakeholder management skills


• Proficiency in MS Office Suite


• Experience in an engineering or heavy industrial manufacturing environment


• Certified Purchasing Professional (CPP), Certified Purchasing Manager (CPM) or equivalent


• Familiarity with the Front-End Loading (FEL) engineering process