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Senior Sourcing Manager

at ITW in Libertyville, Illinois, United States

Job Description

ITW Construction is a ~$2.0B segment that provides a variety of fastening systems and truss products for the commercial, residential, and remodeling/renovation segments. The segment includes products manufactured at locations around the globe serving markets in North America, Europe, Asia, New Zealand and Australia. Key brands include: Paslode, Buildex, SPIT, Ramset, Red Head, Alpine, and ITW Brands.

The Global Tool Unit (GTU) is a part of ITW’s Construction Segment. The GTU innovates, develops, and manufactures best-in-class Power Fastening Systems for the global construction market. Our highly differentiated tools are specified to be used in a variety of applications including wood framing, wood trim, and steel to concrete installations.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

Position Summary

The Sr. Sourcing Manager will support the technical/sourcing/performance improvements of the supply chain. Responsible for the development of all commodities and supplier management strategies to position the Global Tool Unit (GTU) to achieve meaningful long term material cost reduction and improve supply chain risk management. The role will impact $30 Million in annualized global spend. This position will be the face of the GTU to the supplier. This role will be base out of Libertyville and will report to the Director of Operations.

Responsibilities

+ Develop and execute the Global strategies with focus on risk management of ‘80’ parts and aligned across all GTU locations and ITW Enterprise.

+ Manage GTU sourcing team to drive cost out of current spend through market benchmarking of parts, new suppliers and developing cost out opportunities through Value Engineering.

+ Develop and execute robust supplier management program including establishing strong contracts, performance, defining saving goals, ensuring effective risk management, driving efficiency, building positive relationships, assisting in supplier audits and ensure supply chain continuity.

+ Understanding of technical functionality of product components preferably (i.e. electronics, casting, machining, plastic injection, extrusion)

+ Ensure suppliers complete timely and accurate PPAP submissions.

+ Implementation of formal risk mitigation strategies to protect the revenue stream for the Global Tool Unit.

+ Keep updated on market indexes and trends, analyze supplier cost structure and competitive market analysis to minimize cost impact and mitigate risk.

Job Requirements

+ Bachelor’s degree required. Master’s degree a plus.

+ 5+ years related experience. Plastics, resin or electronics supply chain experience in a manufacturing or product development environment preferred.

+ 5+ years of experience in Sheet Metal Fabrication, casting, metals.

+ Proven ability in creating, leading and driving cross functional teams/projects

+ Strong negotiation skills with demonstrated ability to influence without authority

+ Sound knowledge of demand management and replenishment principles and tools and the ability to execute such principles.

+ Demonstrated experience in project management

+ Ability to analyze product costs and understand underlying cost drivers

+ Communicate Effectively: verbally, non-verbally, written communication, ability to listen, and “read between the lines”

+ Domestic/Offshore travel as needed or required ability to travel up to 20%

+ Should have strong knowledge of multiple commodities (i.e. electronics, casting, machining, plastic injection, extrusion is desired)

+ Experience in Sourcing, Purchasing, Quality Control and Engineering fields.

Competencies

+ Timely Decision Making

+ Drive for Results

+ Initiating Action

+ Negotiation and supplier management

+ Strong Project Management

+ Gaining followership

+ Strategic and critical thinking

+ Excellent Problem-solving skills

+ Creative Thinking to establish business relationships

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing 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 position, the employee is occasionally exposed to fumes, airborne particles, climate variances and moving mechanical equipment typically found in a manufacturing environment. The noise level in the work environment (office) is usually low, but much higher when exposed to the manufacturing areas. Certain personal protective equipment is required when in the manufacturing areas.

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.

The employee must occasionally lift and/or move up to 40 pounds. Employee must be able to be present and walk through an active construction site in various weather conditions. Be able to follow and use specific job site safety equipment and procedures. Must be able to handle various company products such as fasteners, tools, anchors and adhesives while following proper safety guidelines established by the company. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and ability to adjust focus. While performing the duties of this Job, the employee is regularly required to reach with hands and arms and talk or hear. The employee is frequently required to stand; walk; sit and use hands and fingers to handle, or feel.

ITW Company Overview

ITW is a Fortune 500 diversified manufacturer of specialized industrial equipment, consumables, and related service businesses. ITW businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. The company has operations in 58 countries that employ approximately 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 nearly 12,000 active patents.

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 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

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Job Posting: JC263548286

Posted On: Aug 02, 2024

Updated On: Aug 03, 2024

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