Strategic Sourcing Analyst- Chemicals
Today, ITW (NYSE: ITW) employs nearly 43,000 people with operations in 55 countries. ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses.
The ITW campus includes a fitness center at no cost to the employees, a subsidized wellness café, outdoor volleyball courts, a walking trail, employee resource groups, corporate discounts, free parking, and much more. We are a one block walk to the nearest Metra station for the Milwaukee North line, and it is a quick train ride to/from downtown Chicago.
More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/
The 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.
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 to support business sourcing priorities. Other responsibilities include Risk Mitigation Assessments, Cost Modeling, Contract Negotiation, Sustainability and Diversity efforts. Knowledge in one or more of the following chemical categories will benefit the performance of the individual in this role:
Solvents & Oil – aliphatic, aromatic, oxygenated, base oil
CASE resins – epoxies, silicones, acrylates, polyurethanes, and polyester
Additives – surfactants, fuel/lubricant additives, inorganic fillers
Colorant – pigment, dye, ink, dispersion, and master batch
Project Execution & Strategy Implementation
Chemical category and market assessment
Accurate Category Taxonomies
Manage Request for Quote (RFQ)/ competitive bidding process
Market Trend and Pricing Analysis
Bachelors degree in Science and/or Engineering, specifically Chemical Engineering, Chemistry, Materials Science & Engineering, Polymer Science.
1 years of relevant work experience (internships count).
Willingness to travel 20%
Excellent verbal, written, interpersonal, communication and presentation skills
Business Acumen/Leadership & Communication Skills
Ability to support/manage projects across business units
Technical Inclination & Intellectual Curiosity
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).
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 firstname.lastname@example.org 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.
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.