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Senior Strategic Sourcing Analyst- Electronics - Illinois Tool Works, Inc.
Glenview, Illinois
Posted: Apr 23, 2022 04:36

Job Description

Since its founding more than 100 years ago, ITW has become one of the world's leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions-most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.

ITW's differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW-and key to our longevity and strong performance.

ITW's products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

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

The 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 for the larger ITW organization. The 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 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. General working knowledge of one or more of the following commodity categories will benefit the performance of the individual in this role: PCBA's, Electronic Components, Cables, Wire Harnesses, Electrical Components, and Various Mechanical Components.

What Makes this a Great Opportunity:

  • ITW offers a strong culture, based on integrity and trust, operating under the highest ethical standards, opportunity to work with various levels in the organization and to communicate ideas and concepts to drive and influence organizational change

  • This individual will communicate and coordinate across different departments and levels within the organization

  • This is a strategic role within the organization that could lead to significant growth and responsibility

  • The individual will be exposed to highly diversified businesses in a wide spectrum of industries

Key Deliverables:

Data mining and analysis

  • Take existing internal and external data and evaluate and communicate anomalies and

  • opportunities

  • Resolve internal and external data calculation errors and validate final calculations

  • Provide comprehensive analysis to support strategic sourcing solutions

  • Create and maintain the Components database

  • Utilize third-party tools to drive data cleansing and standardization

Coordinate RFQ's

  • Work with ITW divisions to obtain and validate commodity sourcing requirements

  • Work with the supply base to ensure a timely and efficient RFQ process

  • Create a comprehensive analysis of supplier quotations to aid in the sourcing selection process

Market Analysis

  • Capture commodity market data and create comprehensive market and supplier summaries that will aid in sourcing strategies.

  • Track commodity shortages, price increases, Force Majeures, and other events to ensure supply continuity.

  • Bachelor's degree, preferably in Electrical Engineering or a Bachelor's degree in a science-based discipline

  • Minimum 2 years of work experience in direct material sourcing, supply chain, engineering, or operations capacity

  • Familiar with the Strategic Sourcing Process and experience in project management

  • Ability to work in a decentralized organization

  • Knowledge and experience of Design for Manufacturing and VA/VE are desired

  • Fast learner that demonstrates strong business acumen and strong communication skills

  • Ability to bring disparate data from multiple sources and cleanse, categorize, and synthesize to a dataset to help drive meaningful analytics and strategies

  • Advanced skills in Excel and MS Office

  • Willingness to be in person in the Glenview office and willingness to travel as needed

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.

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.



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Company Overview

Illinois Tool Works, Inc.

Glenview, Illinois