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Senior Sourcing Analyst, Chemicals

Company: ITW
Location: Glenview
Posted on: January 12, 2022

Job Description:

Company Description

Since its founding more than 100 years ago, ITW has become one of the world's leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions-most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.

ITW's differentiated business model is composed of a set of 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) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. We are conveniently located across from the Metra commuter rail, with access to an on-site gym, caf-- and active employee resource groups.

Job Description

The Senior Sourcing Analyst for Strategic Sourcing will manage sourcing initiatives related to ITW's Global Chemicals Spend. Strong technical and analytical skills will be required to identify opportunities and needs across ITW's seven business segments. This position will contribute in the creation of sourcing strategies for critical cross-segment spend and defining actionable steps that provides value to the enterprise.

Role

Knowledge in one or more of the following commodity categories will benefit the performance of the individual in this role

The analyst will conduct broad market research and engage the supply chain ranging from world-class manufacturers to channel partners on a range of chemical commodities and derivatives. The analyst will assess market price drivers and trends for each product category in support of business sourcing priorities. Other responsibilities include Risk Mitigation Assessments, Cost Modeling, Contract Negotiation, Sustainability and Diversity efforts.
Solvents - aliphatic, aromatic, oxygenated
CASE resins - epoxies, acrylates, polyurethanes, and polyester
Additives - surfactants, fuel/lubricant additives, inorganic fillers

Key Deliverables
Project Execution & Strategy Implementation
Accurate Category Taxonomies
Manage Request for Quote (RFQ)/ competitive bidding process
Contract Negotiation
Market Trend and Pricing Analysis

Qualifications
Bachelor's degree in Engineering (Chemical, Industrial, Mechanical), Chemistry, Materials Science, Economics
3-5 years of closely related work experience in Sourcing or Chemicals Supply Chain role.
Willingness to travel 20%
Ability to develop basic understanding of assigned commodities, including but not limited to: current market conditions, key cost drivers, global supply base, and industry terminology, as it relates to creating competitive purchasing programs for ITW companies
Demonstrated experience in analysis, and problem-solving (showing expertise in data analysis and management using MS Excel, PowerBI, etc)
Business Acumen/Leadership & Communication Skills
Ability to support/manage projects across business units
Technical Inclination & Intellectual Curiosity
Excellent verbal, written, interpersonal, communication and presentation skills

Additional Information

Illinois Tool Works Inc. ("ITW" or "the Company") is an equal employment opportunity employer. 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.

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@itw.com to request assistance. No other requests will be acknowledged.

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.

Keywords: ITW, Glenview , Senior Sourcing Analyst, Chemicals, Professions , Glenview, Illinois

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