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Senior Sourcing Analyst, MRO

Apply Now Submit a Referral Job ID REF12098N Date posted 02/23/2024 Address 155 Harlem Avenue, Glenview, IL Job Type Full-time Job Status Exempt

Today, ITW (NYSE: ITW) 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/


The Senior Strategic Sourcing Analyst role is an influential position within ITW’s corporate sourcing function that will be responsible for the development and execution of the category management and sourcing strategy for MRO, OEM, C Class material, and other general indirect categories ($150M+).   Working as an individual contributor, this position is accountable for working with functional stakeholders across ITW’s business units with the intent to identify and leverage spend requirements across the North American Region to develop and execute high performing category strategies achieving best delivered cost, quality and service delivery targets. 

 

Primary Objectives and Deliverables:

  • Lead & execute category plan and sourcing strategy for MRO and other general indirect categories
  • Ability to lead and execute value add/value engineering programs specific to opportunities within the assigned categories, (i.e. material lifecycle management, etc.)
  • Utilize the 7 Step Sourcing process in order to address all relevant category management activities from business case initiation to category strategy execution to disposition of strategy where necessary
  • Assemble, coordinate and lead cross-functional and functional stakeholder councils, in order to properly vet, execute and secure continued performance of category management and sourcing strategies
  • Analyze market dynamics to understand upstream cost drivers and their effects on cost and market capacity, develop mitigation strategies where necessary
  • Establish category KPI targets (cost, control, process efficiency) and supplier scorecard programs in order to quantify the performance and value return of category management strategies
  • Design control plan in order to measure utilization to supply strategy, quantify the correlative effect of programs specific to cost and P&L outcomes, establish corrective action recommendations to support divisional financial goals
  • Conduct and lead supplier business reviews in coordination, with ITW internal customers, against the defined KPIs and targeted business outcomes
  • Establish benchmark measures at the start of the project and track success, including cycle times, lead times, savings, improved delivery and simplified processes.

 

Qualifications:

  • Bachelor’s degree in business, supply chain, operations, management, industrial engineering degree is required.
  • 2-3 years of Sourcing experience within a leading or influential capacity addressing MRO, OEM and C-Class goods and services
  • Ability to travel an estimated 25% (max.)
  • Knowledge of cost driver dynamics and influencing market and technology trends within the industrial goods category
  • Ability to design effective, fact-based business case justifications with the capacity to drive and steer group decisions
  • Experience and a track record of success in delivering cradle to grave category management strategies for programs, cost reduction targets
  • Experience with market benchmarking & cost modeling analytics to support budget
  • Experienced in creation, negotiation, and administration of supply contracts
  • Strong negotiation skills
  • Excellent oral, written, and interpersonal communication skills

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.  

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At ITW, we value our colleagues' unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

Equal Opportunities

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. Read more information here.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access this online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.