Company Description

Today, ITW (NYSE: ITW) is a Fortune 260 company that employs nearly 46,000 people with operations in 51 countries. ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses.

The ITW campus includes a fitness center at no cost to the employees, a subsidized wellness café, outdoor volleyball courts, a walking trail, employee resource groups, corporate discounts, free parking, and much more. We are a one-block walk to the nearest Metra station for the Milwaukee North line, and it is a quick train ride to/from downtown Chicago.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

Job Description

The Electrical-Electronics Senior Strategic Sourcing Analyst provides critical leadership for the Electrical and Electronics Category Team and support for the Electromechanical Category Team to deliver cross-segment sourcing strategies and cost savings for the larger ITW organization.  The Senior Strategic Sourcing Analyst will play a significant role in managing projects and providing project support for sourcing events that span multiple Segments of ITW, where synergies crossing common supplier base or materials are to be explored and leveraged. Self-management and capability of supporting negotiation preparations, advanced sourcing tactics such as value engineering, assessing supplier capabilities, and experience in purchasing operations are expected.

In this role, the Senior Sourcing Analyst will act as a resource to mine and analyze data across multiple ERP systems and utilize standardized tools such as MS Excel and Market Intelligence Portals to synthesize marketplace information into a cohesive sourcing strategy.

What Makes this a Great Opportunity:

ITW offers a strong culture, based on integrity and trust, operating under the highest ethical standardsOpportunity to work with various levels in the organization, and to communicate ideas and concepts to drive and influence organizational changeThis is a strategic role within the organization that could lead to significant growth and responsibilityThe individual will be exposed to highly diversified businesses in a wide spectrum of industries

Key Deliverables:

Data mining and analysisTake existing internal and external data and evaluate and communicate anomalies and opportunitiesResolve internal and external data calculation errors and validate final calculationsProvide comprehensive analysis to support strategic sourcing solutionsCreate and maintain datasets as appropriateUtilize third-party tools to drive data-cleansing and standardizationCoordinate RFQ’s to drive cost savingsWork with ITW divisions to obtain and validate commodity sourcing requirementsWork with the supply base to ensure a timely and efficient RFQ processCreate comprehensive analysis of supplier quotations to aid in the sourcing selection processMarket analysisCapture commodity market data and create comprehensive market and supplier summaries that will aid in sourcing strategies.Manage various risks (lifecycle, lead time/availability, sole sourcing, financial, supplier selection, warranty, etc.).  Track commodity shortages, price increases, Force Majeures, and other events to ensure supply continuity.Support strategic activitiesSupport sourcing strategy formationAlign on supplier segmentation and drive volumes towards preferred suppliers and away from exit suppliers.Where appropriate, protect ITW’s long-term interest with formal contracts or agreements between ITW and its suppliers.Support ITW’s organic growth goals by engaging with engineering and innovation teams in NPD projects on a regular basis globally.

QualificationsBachelor’s degree required, preferably in Electrical Engineering or science based discipline or Supply Chain-related fieldMinimum of 3 years of work experience in direct material sourcing, supply chain, engineering, or operations capacityGeneral working knowledge of one or more of the following commodity categories is preferred: Cables, Wire Harnesses, Electrical Components, PCBA’s, Electronic Components, and Various Electromechanical Components.Familiarity with the Strategic Sourcing Process and experience in project managementAbility to work in a decentralized organizationKnowledge and experience in Design for Manufacturing and VAVE are desiredFast learner that demonstrates strong business acumen and strong communication skillsAbility to bring disparate data from multiple sources and cleanse, categorize, and synthesize to a dataset to help drive meaningful analytics and strategiesAdvanced skills in Excel and MS OfficeWillingness to travel as needed

Additional Information

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 [email protected] 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.