Strategic Sourcing Specialist
Company: Illinois Tool Works, Inc.
Location: Des Plaines
Posted on: June 22, 2022
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Job Description:
ITW Appliance Components serves all the major Appliance OEM in
the US, Europe, Asia, and Mexico and their tier suppliers. This
global division manufactures mechanical, electromechanical and
electrical components and assemblies with a variety of
manufacturing processes. We have locations in the US, China,
Mexico, the UK, Slovenia, New Zealand, Bulgaria and Italy. ITW
Industrial Components is a separate Business Unit within the ITW
Appliance Division focused on industrial customers and
applications.The division drives profitability by leveraging its
innovative solutions and application engineering. In addition to
ITW's industry leading research and development capabilities, the
division 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.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.**Essential Duties and
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.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. + 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._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.__All your information will
be kept confidential according to EEO guidelines.__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. _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.
Keywords: Illinois Tool Works, Inc., Des Plaines , Strategic Sourcing Specialist, Other , Des Plaines, Illinois
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