What are the responsibilities and job description for the Sourcing Manager position at ITW?
Company Description
Since ITW’s 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. 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 56 countries that employ more than 50,000 women and men who adhere to the highest ethical standards. ITW has 81 businesses divided into 7 Segments, which includes: Welding, Automotive OEM, Food Equipment Group, Construction Products, Polymers & Fluids, Test and Measurement & Electronics, and Specialty.
Take this opportunity to join a successful and enthusiastic global team where you can make a significant impact immediately. You will enjoy a competitive salary and generous benefits that includes health, dental, life and LTD insurance, 401k (with match), and a 100% tuition reimbursement program for those who qualify.
Job Description
Reporting to the Director of Operations, the Sourcing Manager is responsible to manage the sourcing team and ensure that all aspects of the sourcing function are completed accurately, timely, and in compliance with internal policies and procedures.
Qualifications
• Develop sourcing strategies for product lines. Review supply base to ensure sourcing support to business strategies. Develop multiple sources for key products/components if needed
• Establish and maintain strategic supplier relationship. Manage major supplier initiatives to optimize costs, quality, delivery, sustainability and compliance
• Perform spend analysis. Direct the negotiation and RFI / RFQ process to ensure Best Cost-for-Quality. Liaison with segment/corporate sourcing resources to project market costs and the financial impact to business
• Lead the vendor qualification process and act as main negotiator for supplier agreements/contracts. Manage and improve supplier performance through scorecard and business review
• Support new product development (NPD) projects by leading supplier selection, cost negotiation and capability enablement. Work with suppliers to ensure OTIF for load-in requests
• Manage sourcing team by establishing goals & objectives. Lead and motivate the team to accomplish the goals & objectives. Ensure cross-function support including Procurement, R/D, Brands and Finance
• Other Duties as required.
Position Skills & Requirements
- B.A. or B.S. required; Master’s degree preferred
- Minimum 5 years sourcing experiences within consumer goods industry and 3 years of supervisory experience
- Knowledge of chemistry industry preferred
- Excellent communication and negotiation skills
- Able to lead and/or work with cross-functional teams
- Strong analytical and problem solving skills
- Good working knowledge of Microsoft Office applications
Additional Information
Physical Requirements:
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.
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. The noise level in the work environment is usually moderately quiet, with frequent interruptions and multiple demands.
This job description should not be construed to contain every function/responsibility that may be required to be performed by an incumbent in this position. Incumbents are required to perform other related functions as assigned.
ITW is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity. All your information will be kept confidential according to EEO guidelines.
