Sourcing Product Cost Analyst Intern Summer 2026

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. 

Woodward offers a Total Reward package for this Internship position, including:

• Estimated pay: Sophomore $21.00, Junior $23.00, Senior $25.00
• Industry leading medical, dental, and vision Insurance (20+ hours per week)
• Sick Time

Are you ready to make your mark?  If you’re a Supply Chain Engineering major, we have an exciting internship opportunity for you. We are seeking a motivated and analytical intern to join our Sourcing team as a Sourcing Product Cost Analyst. This position will provide direct support to our Advanced Sourcing Engineer and Sourcing Managers in evaluating cost-out opportunities across various commodities and product lines. The role offers hands-on experience in cost analysis, supplier engagement, and sourcing strategy development, while serving as a potential pipeline for future full-time roles within the Advanced Sourcing Engineering team.

The purpose of an internship at Woodward is to provide students with the opportunity to gain exposure and “real life” business acumen within the Aerospace and Energy Industry. Our internships also provide students with the opportunity to learn and gain practical experience and to work in areas related to their academic and/or career interests. Gain hands-on experience while working on challenging projects, network with professionals and learn from some of the brightest minds in business.

The experience also gives the intern opportunity for potential full-time employment with the company. 

What you will be doing

• Collaborate with Advanced Sourcing Engineer to analyze product cost structures and identify cost reduction opportunities.
• Support Sourcing Managers in evaluating supplier quotes, cost breakdowns, and value engineering initiatives.
• Assist in preparing cost models, reports, and presentations for cross-functional reviews.
• Conduct market research and benchmarking to support sourcing decisions.
• Participate in supplier meetings and internal project reviews as needed.
• Document findings and recommendations in a clear, actionable format.
• Contribute to continuous improvement initiatives within the sourcing function.

What We Are Looking For

• Effective written and verbal communication skills.
• Competent skills in problem solving and trouble-shooting.
• Competent in the use of PCs, MS Office Programs and other associated software.
• Ability to effectively operate in a team environment.
• Effective time management skills.
• Solid knowledge of the English language with the ability to speak, read and write along with good listening skills.
• Good marks in relevant subjects.
• Possess high motivation, flexibility and ability to work on his/her own.

Education or Formal Training

Must be at least a sophomore in an accredited College or University program and have an acceptable grade point average, of 3.0 or higher.

Experience Required

No experience required. Previous internship or other working experience, a plus.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position.  The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons. 

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR).   All applicants must be U.S. persons within the meaning of ITAR and EAR, or possess all required authorizations from the U.S. Department of State Department and the U.S. Department of Commerce.   ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.