Capital Procurement Manager
Arconic
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Lafayette, IN · Posted August 13, 2026
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About the job
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.
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)