Senior Strategic Sourcing Analyst, Electrical-Electronics

Do you have the right skills and experience for this role Read on to find out, and make your application.

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 ITW Benefits.

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 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.

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 datasets as appropriate.
• Utilize third-party tools to drive data-cleansing and standardization.
• Coordinate RFQ’s to drive cost savings
• 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 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.
• 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 activities
• Support sourcing strategy formation.
• Align 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.

Qualifications

• Bachelor’s degree required, preferably in Electrical Engineering or science based discipline or Supply Chain-related field.
• Minimum of 3 years of work experience in direct material sourcing, supply chain, engineering, or operations capacity.
• General 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 management.
• Ability to work in a decentralized organization.
• Knowledge and experience in Design for Manufacturing and VAVE 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 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 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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