Sr. Strategic Sourcing Analyst, ElectricalElectronics

Job Description:

• 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 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

• Data Mining and Analytics
  • Analyze internal and external datasets to identify cost savings opportunities supply risks and data anomalies and effectively communicate insights and recommendations to key stakeholders
  • Validate and resolve data discrepancies to ensure accuracy of sourcing decisions
  • Provide comprehensive analysis to support strategic sourcing solutions
  • Create and maintain datasets as appropriate
  • Utilize third-party tools to drive data-cleansing and standardization

• Strategic Sourcing & Supplier Management
  • Support development and execution of global sourcing strategies
  • Drive supplier segmentation and consolidate spend with preferred suppliers
  • Where appropriate protect ITWs long-term interest with formal contracts or agreements between ITW and its suppliers.
  • Support ITWs organic growth goals by engaging with engineering and innovation teams in NPD projects on a regular basis globally.

• Coordinate RFQs to drive cost savings
  • Create a comprehensive analysis of supplier quotations to aid in the sourcing selection process
  • Work with ITW divisions to obtain and validate commodity sourcing requirements
  • Work with the supply base to ensure a timely and efficient RFQ process

• Market Analysis
  • Capture 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.

• Bachelors degree is required preferably in Electrical Engineering or a Bachelors degree in a science-based discipline or a Supply Chain-related field
• Minimum of 3 years of work experience in direct material sourcing supply chain engineering or operations capacity is required
• Professional or educational knowledge of one or more of the following commodity categories is required: Cables Wire Harnesses Electrical Components PCBAs Electronic Components and Various Electromechanical Components.
• Ability to work 5 days a week onsite at the Glenview IL corporate campus with flexibility in hours
• Knowledge and experience in Design for Manufacturing and VAVE are desired
• Advanced skills in Excel and MS Office
• Power BI experience is a plus
• Willingness to travel as needed

* ITWs Corporate Sourcing Team is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status.

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $90k - $95k annually.

ITW considers various factors when extending an offer including but not limited to the scope and responsibilities of the position the candidates work experience education and training geographic location key skills as well as market and business considerations.

In addition to a competitive salary ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical dental vision disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution Flexible Spending Accounts Health Savings Accounts Employee Assistance Program Commuter benefits and Adoption Assistance.

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.