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Senior Sourcing Analyst- Packaging in Glenview, IL at ITW

Date Posted: 5/14/2019

Job Snapshot

Job Description

Position at ITW Corporate

The Senior Strategic Sourcing Analyst role is an influential position within ITW’s corporate sourcing function that will be responsible for the development and execution of the category management and sourcing strategy for Packaging and Packing related goods and services ($200M).   Working as an individual contributor, this position is accountable for working with functional stakeholders across ITW’s business units with the intent to identify and leverage spend requirements across the North American Region in order to develop and execute high performing category strategies achieving best delivered cost, quality and service delivery targets. 

Primary Objectives and Deliverables:

  • Develop, lead and execute category plan and sourcing strategy for Packaging and Packaging related goods and services.
  • Ability to lead and execute value add/value engineering programs specific to design to cost activities within the packaging segment, across several technical competencies (i.e. light weighting, etc.)
  • Utilize the 7 Step Sourcing process in order to address all relevant category management activities and life-cycle requirements from business case initiation to category strategy execution to disposition of strategy where necessary
  • Assemble, coordinate and lead cross-functional and functional stakeholder councils, in order to properly vet, execute and secure continued performance of category management and sourcing strategies
  • Analyze market dynamics to understand upstream cost drivers and its effect on cost and market capacity, develop mitigation strategies where necessary
  • Establish category KPI targets (cost, control, process efficiency) and supplier scorecard programs in order to quantify the performance and value return of category management strategies
  • Design control plan in order to measure utilization to supply strategy, quantify the correlative effect of programs specific to cost and P&L outcomes, establish corrective action recommendations to support resolve
  • Conduct and lead supplier business reviews in coordination, with ITW internal customers, against the defined KPIs and targeted business outcomes
  • Establish benchmark measures at the start of the project and track success, including cycle times, lead times, savings, improved delivery and simplified processes.

Key Skills Include

  • Experience in leading cross-functional, functional, and/or global teams within a matrixed environment
  • Knowledge of packaging cost driver dynamics and influencing market and technology trends
  • Ability to design effective, fact-based business case justifications with the capacity to drive and steer group decisions
  • Experience and a track record of success in delivering:
    • Cradle to grave category management strategies for Packaging programs, cost reduction targets
    • Market benchmarking & cost modeling analytics to support budget forecasting, cost mitigation and process improvement strategies
  • Ability to establish organizational objectives and relevant metrics
  • Demonstrated ability to resolve complex process/systems problems
  • Demonstrated project management skills, project planning, scheduling and tracking
  • Experienced in creation, negotiation, and administration of contracts
  • Proven ability to communicate and work effectively across many functional groups; i.e. Finance, Risk, Legal, Communications, HR, etc.
  • Strong negotiation skills
  • Excellent oral, written, and interpersonal communication skills

Requirements:

  • Bachelor’s degree in a relevant subject such as business, supply chain, operations, management, industrial engineering.
  • 4-6 years of Sourcing experience within a range of packaging materials such as: corrugated boxes, plastic bottles, labels, tubes, cans, bags.
  • Ability to travel 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 to request assistance. No other requests will be acknowledged.

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