Global Sourcing Strategy Lead

Illinois Tool Works Inc.

United States

On-site

USD 120,000 - 180,000

Full time

7 days ago

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Job summary

Illinois Tool Works Inc. is seeking a Global Strategic Sourcing Manager for its Weigh & Wrap division in the ITW Food Equipment segment. The role oversees ~30M global spend, coordinating with engineering, operations and NPD to optimize design, cost and supply continuity.

Based in the US with ~25% travel nationally/internationally, you will lead tenders, supplier selection, benchmarking and risk management. The ideal candidate has 5+ years in strategic sourcing within industrial manufacturing,

Qualifications

Bachelor’s degree in business, supply chain management, materials management, engineering or a related discipline; an MBA, advanced technical degree or recognized purchasing qualification is preferred.
More than five years of progressive experience in strategic sourcing, procurement or supply chain within an industrial manufacturing environment; experience in capital equipment, machinery, assembly or electrical/electronic components is strongly preferred.
Experience developing category and supplier strategies, project management, leading formal sourcing processes and delivering measurable cost, quality, delivery and risk improvements in a global environment.
Strong negotiation and influencing skills, with sound knowledge of contract development, commercial terms, supplier agreements and procurement risk management.
Practical understanding of manufacturing operations, logistics, MRP, inventory management and Lean methods, including Kanban, vendor-managed inventory and pull systems.
Experience using total-cost and target-costing methods, supplier and product benchmarking, make-or-buy analysis and market or commodity intelligence.
Strong technical, conceptual and analytical capability, with the ability to understand complex products, cost drivers, supply markets and operational trade-offs.
Proven ability to lead through influence and work effectively with diverse, international and cross-functional teams.
Excellent communication and presentation skills, with the ability to build relationships, challenge constructively and communicate clear recommendations to senior leadership and suppliers.

Responsibilities

Develop, implement and continuously improve global sourcing processes, category strategies and supplier strategies aligned with priorities.
Build and maintain a high-quality pipeline of sourcing and productivity opportunities, delivering sustainable cost reductions and value improvements.
Lead global and regional tenders, supplier selection, qualification and negotiations with terms and commitments.
Use total-cost analysis, benchmarking and market intelligence to improve sourcing decisions.
Conduct global benchmarking of suppliers, products, technologies and alternative solutions.
Optimize the global supplier base and develop strategic supplier relationships with governance.
Lead supplier risk and resilience strategy, assessing risk across capacity, finances, politics and supply.
Align sourcing strategies with product requirements and lifecycle considerations.
Provide market intelligence to leadership and cross-functional teams, translating developments into actions.
Partner with Engineering, Operations and NPD teams from concept to commercialization to optimize design and supply continuity.
Coordinate cross-region sourcing projects to leverage scale and standardize processes.
Ensure compliance with ITW policies and maintain documentation for suppliers and spend.