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Strategic Sourcing Analyst- Chemicals

ITW

Strategic Sourcing Analyst- Chemicals

Glenview, IL
Full Time
Paid
  • Responsibilities

    Job Description

    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

    Key Deliverables

    • Project Execution & Strategy Implementation
    • Chemical category and market assessment
    • Accurate Category Taxonomies
    • Manage Request for Quote (RFQ)/ competitive bidding process
    • Contract Negotiation
    • Market Trend and Pricing Analysis
  • Qualifications

    Qualifications

    • Bachelor's 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).

    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.