Sourcing Specialist in Des Plaines, IL at ITW

Date Posted: 4/30/2020

Job Snapshot

Job Description

Regional Strategic Sourcing Specialist

Position location: Des Plaines, IL

ITW Description:

Illinois Tool Works Inc. (NYSE: ITW) is a diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries.  ITW businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets.  ITW, with approximately 14 billion dollars in global revenues, operates 7 major segments with businesses in 57 countries that employ more than 50,000 women and men who adhere to the highest ethical standards.  These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation.  We are proud of our broad portfolio of more than 17,000 global patents and patent applications.

Division Description:

ITW Global Appliance serves all the major Appliance OEM in the US, Europe, Asia, Mexico and Brazil and their tier suppliers. This global division manufactures mechanical, electromechanical and electronic components and assemblies with a variety of manufacturing processes including injection molding, stamping, automated and manual assembly. We have units in the US, China, Mexico, Slovenia, Hungary, Bulgaria & Italy.

The division drives profitability by leveraging its innovative solutions and application engineering. In addition to ITW's industry leading research and development capabilities, ITW Global Appliance enhances our customers' competitive advantage by...

  • Maintaining advanced global engineering and manufacturing facilities.
  • Identifying customer needs to provide continued added value solutions.
  • Continually improving processes, material and designs to ensure every solution exceeds customer expectations while providing unparalleled value.

Position Summary:

The Strategic Sourcing Specialist will report to the North America Sourcing & Procurement Manager and will be responsible for coordinating sourcing activities for multiple locations and business units including:  Des Plaines, IL, New Berlin, WI, and Juarez, MX. 

Responsibilities:

  • Supplier Management / Consolidation
    • Negotiations –negotiate contracts and monitor their progress, checking the quality of service provided; contracts should be standardized in conditions for the whole region.
    • Identifies strategic partners and delivers improved products and lower costs to the organization through supplier management, strategic sourcing, commodity management, and total cost principles.
    • Implements simplification strategy.
    • Manages risk mitigation (cost, price and/or supply).
    • Prepares development plans and uses performance management tools.
    • Partner with Quality to drive continuous improvement.
  • Sourcing Strategy Development / Execution of Targeted Savings Opportunities
    • Design and implement strategies to rationalize the supply base and leverage entire regional organization`s spend.
    • Develop sourcing strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements to ensure supply base optimization and improvement to cost, quality and service.
    • Coordinates and supports all sourcing related activities and regional commitments including the review, negotiation, and acquisition of the targeted spend categories.
    • Share best practices across the organization.
  • Sourcing Analytics + Reporting
    • Information Resource – Must provide stakeholders with relevant and timely market trends and analyses such as commodity and currency trends.
    • Forecasts price trends and their impact on future activities.
  • NPI / Supplier Selection
    • Selects suppliers who are aligned with business standards to ascertain the best products in terms of best value, delivery schedules and quality.
    • Supports new product development from the concept stage.
    • Analyzes quotes and negotiates prices & delivery conditions with suppliers.

Position Skills and Experience Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor’s degree and 3+ years of work experience in sourcing, procurement, or supply chain role, or working with direct materials in a sales, engineering or operations capacity using advanced quantitative, analytical and problem-solving skills.
  • Excellent time management, prioritization and project management skills.
  • Communication Skills – Exceptionally strong written and oral communication skills are a must. Ability to present to senior management, build relationships and become an influencer in major strategic decisions are critical to this position.
  • Strong negotiation skills are essential in this role. Ability to
  • Technical Skills – A thorough understanding of manufacturing practices and the ability to understand product specifications and features are essential for success in this position.
  • Analytical Skills – Enjoy gathering and digging deeply into data to identify issues and produce creative, effective solutions, and understands market dynamics and business requirements.
  • Understands category buying & management process to identify improvement opportunities.
  • Strong interpersonal skills and ability to work across different business units.
  • Ability to collaborate with colleagues and staff to create a results driven, team-oriented environment.
  • Uses personal influence skills rather than position power to persuade others and gain support.
  • Good command of English, both written and oral for effective communication with other ITW units and business leaders.
  • Sense of urgency and comfort working in a fast-paced environment with a variety of simultaneous projects.
  • Ability to perform analysis and interpret data into actionable steps.
  • Ability to think strategically and use quantitative and qualitative data to create strategies that move ITW forward.

Physical Demands:

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is frequently required to sit, stand, walk, talk or hear; uses hands to finger, handle, or touch objects or controls. Duties include data entry 80% of the time. The employee may lift, push or pull up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

EOE/AAF/M/D/V.  ITW is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.