Job Information
ITW Strategic Sourcing Analyst, Plastics in Glenview, Illinois
Job Description:
ITW’s differentiated business model comprises 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) employs 46,000 people with operations in 51 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 Strategic Sourcing Analyst, Plastics role supports ITW’s Strategic Sourcing organization with developing and implementing sourcing initiatives that drive cost savings and value for our enterprise-wide resins and plastic parts spend. This position plays a critical role in managing one of ITW’s largest global spend categories, working collaboratively with cross-functional teams and across various ITW Divisions. Solution-oriented thinking, creative problem-solving abilities, and project management skills are expected.
The candidate would possess the following abilities and skills:
Motivated self-starter with intrinsic curiosity and willingness to learn.
High level of emotional intelligence and able to build trust and foster relationships.
Solution-oriented thinker with creative problem-solving skills; able to methodically assess situations to identify key issues and innovatively generate workable solutions.
Strong project management skills; able to create and execute detailed project plans with clear action items and ownership.
Collaborative team player and able to lead through influence over authority.
Business acumen and leadership skills; able to build rapport with internal and external stakeholders.
Perceptive listener and effective communicator in both speech and writing.
Able to mine and analyze data and information to present valuable insights.
Able to succeed in a decentralized culture and can make decisions “without having all the data”.
Detail-oriented and able to ensure high quality of work.
Accustomed to effectively prioritizing and managing multiple concurrent projects and responsibilities.
RESPONSIBILITIES & KEY DELIVERABLES (including, but not limited to):
Support with the development and implementation of sourcing strategies primarily related to Plastics Processing/Conversion (i.e., Plastic Injection Molders and other various types of Molders/Extruders and Mold/Toolmakers).
Support ITW Divisions in meeting annual savings target and reducing overall supplier count and supply chain complexity.
Manage relationship with ITW Molders & Mold/Toolmakers, fostering their accountability and leading to optimized service, price, and supply chain for ITW Divisions.
Lead through influence over authority, supporting ITW Divisions with Enterprise Molder Strategy alignment.
Be proactive in working in a decentralized culture and build rapport with internal and external stakeholders.
Conduct supplier discovery tasks and RFx events from start to finish ensuring high quality of work and attention to detail; develop detailed project plans with clear actions and ownership and frequently communicate effectively with all stakeholders.
Manage ad hoc supply issues; support ITW Divisions with understanding current situations and developing and implementing creative solutions.
Improve research and reporting related to resins and plastic parts:
Report out and present on project status, spend analysis, and market research on an as needed basis.
Spend data analysis to identify sourcing opportunities and optimize addressable spend.
Partner with key internal stakeholders in improving data availability and accuracy to move from data and information to insight and value.
Market trend analysis and market research on plastics/resins industry, including, but not limited to current market conditions, key cost drivers, global supply base, industry terminology.
Develop commodity and supply base knowledge.
Manage strategic relationships with suppliers and market intelligence providers.
QUALIFICATIONS & EXPERIENCE REQUIREMENTS :
A bachelor’s degree from an accredited university or college is required
Experienced in using Microsoft Office applications, especially Excel, and possess knowledge of intermediate functions and formulas (PivotTable, VLOOKUP, IFERROR, etc.).
Willingness to travel to ITW business locations, supplier sites, internal and industry conferences or training as needed (10%-20%).
Additional Information:
*ITW 's Sourcing Department 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 $74K - $80K annually.
ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's 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, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.