Strategic Sourcing Analyst, Components

Strategic Sourcing Analyst, Components in Glenview, IL at ITW
Date Posted: 9/25/2018

Job Snapshot
+ Employee Type: Full-Time
+ Location: Glenview, IL
+ Job Type: Strategy - Planning
+ Experience: At least 2 year(s)
+ Date Posted: 9/25/2018
About Us
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.3 billion in 2017. The company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW has approximately 50,000 dedicated colleagues in operations around the world who thrive in the company's unique, decentralized and entrepreneurial culture. We offer unparalleled access to challenging opportunities in high-growth, diverse industries and markets around the world.
Job Description
_Position at ITW Corporate_
Currently, we have an opening in our company headquarters in Glenview, Illinois for a Strategic Sourcing Analyst. Qualified person should be a collaborator who is good at relationship building; forecasting, creating and analyzing reports; and have general procurement knowledge.
ITW is a Fortune 200 global diversified industrial manufacturer of value added consumables and specialty equipment with related service businesses. The Company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and businesses. These businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $14.3 billion in 2017.
ITW has demonstrated consistent long-term growth (15% annual average over 25 years). ITW?s 80/20 processes and decentralized decision-making, provide a fast-paced and challenging environment for an individual to gain experience and knowledge in a wide range of industrial solutions.
The Components Strategic Sourcing Analyst provides critical support to Electrical and Electronics Category Team or Mechanical 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, and 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, Access, 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: Electric Motors, Cables, Wire Harnesses, Electrical Components, Electronics, Castings, Stampings, Machined Parts and Forgings.
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 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 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
Qualifications and Experience Requirements:
+ Bachelor?s degree, preferably in Electrical Engineering, Mechanical Engineering or a Bachelor?s degree in a science based discipline with minimum 2 years of work experience in direct material sourcing, supply chain, 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 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 up to 20%
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 at itw.com at mailto:corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.
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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