Strategic Sourcing Manager

ITW

DeWitt (IA)

On-site

USD 120,000 - 180,000

Full time

6 days ago
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Benefits offered by this job

Medical insurance
Dental insurance
401(k) with company match

Job summary

Magnaflux, a division of ITW, is seeking a Senior Supply Chain Sourcing leader at the DeWitt, IA facility. You will drive strategic sourcing, supplier qualification, and cost optimization while leading a diverse team and aligning with ITW goals.

Expect 10–20% travel to supplier sites and other ITW locations. Ideal candidates bring 10+ years in strategic sourcing, strong negotiation skills, and experience in global manufacturing environments with ERP/MRP proficiency.

Qualifications

  • Bachelor’s degree in business, Materials Management, Supply Chain Management, Technical, or Engineering. MBA preferred.
  • 10+ years in strategic sourcing, supply chain operations, and capital equipment manufacturing in global environment; 5+ years in management.
  • Strong track record of driving operational improvements and lean manufacturing.
  • Expertise in negotiations, procurement, contract law, MRP, and lean techniques.

Responsibilities

  • Oversee day-to-day supply chain operations at the DeWitt, IA facility, including purchasing raw materials and components by issuing PO's.
  • Lead Strategic Sourcing for Magnaflux and participate in ITW leadership teams.
  • Align supply chain strategy with business unit objectives and growth goals.
  • Transition from transactional purchasing to strategic sourcing organization.
  • Negotiate supplier qualifications and selections to meet quality, delivery, and cost targets.
  • Develop plans to leverage scale and global cooperation to drive value.
  • Coach and develop talent within a high-performing supply chain team.
  • Travel to suppliers and locations as needed; establish department goals and budgets.

Skills

Strategic sourcing
Negotiation
Leadership
Data analytics
Supplier management
Project management

Education

Bachelor’s degree in business or related field
MBA preferred

Tools

ERP systems
MRP
Lean manufacturing tools

Job description

Job Description:
Company Description

Magnaflux (https://www.magnaflux.com/Magnaflux) , a division of Illinois Tool Works (Fortune 250), is a leading worldwide supplier of magnetic particle, dye penetrant inspection equipment and associated chemical products used for applications within the Aerospace, Automotive, Oil & Gas and Energy markets.

With over 85 years in the industry, Magnaflux offers employees a competitive salary and comprehensive benefit package, including medical, dental and life insurance, 401(k) with immediate company match, and much more!

Job Description

Magnaflux is a global organization that designs, manufactures, sells and non-destructive testing systems. Magnaflux is a clear global leader in non-destructive testing applications and its leadership in the marketplace is continually expanding. You will find that our established strength, commitment to our core values and team focus provides an engaging work environment and offers exceptional opportunities for personal and career development.

Essential Job Responsibilities:
  • Oversee day-to-day operational aspects of supply chain functions within the DeWitt, IA facility. Including purchase of raw materials, and/or parts, equipment, and supplies by preparing and submitting purchase orders.
  • Lead Strategic Sourcing for the Magnaflux Division and represent the Division as part of ITW Test & Measurement and Electronics Sourcing Leadership Team.
  • Ensure supply chain strategy, practices, and initiatives are aligned with the company’s business unit objectives and support the company’s growth and profitability strategy.
  • Lead the transition from a transactional purchasing department to a strategic sourcing organization.
  • Identify and execute sourcing initiatives that leverage purchasing scale, manage supply chain risk, and enhance profitability and global competitiveness.
  • Manage and negotiate supplier qualification and selection to ensure supplier quality, continuity, delivery, technology, and commercial requirements.
  • Develop and implement plans that harness economies of scale, drive economic value, and enable business growth by leveraging Magnaflux and ITW globally.
  • Lead complex and critical negotiations utilizing extensive professional knowledge and experience of principles and techniques of negotiation.
  • Assess contractual performance of major suppliers, initiate supplier improvement programs, manage and negotiate variations within and outside scope of contracts, and enforce contract remedies.
  • Coach, mentor, and develop talent. Builds a diverse, high performing supply chain/ sourcing organization.
  • Travel to suppliers and other ITW and Magnaflux locations, as necessary.
  • Establish departmental goals, objectives, budgets, and operating procedures.
  • Other required duties as assigned.
Qualifications:
  • Bachelor’s degree in business, Materials Management, Supply Chain Management, Technical, or Engineering. Advanced technical and/ or business-related degree (MBA) preferred.
  • A minimum of 10 yearsof in-depth knowledge of strategic sourcing, supply chain operations, and capital equipment manufacturing in a global environment. Minimum of 5 years management experience required.
  • Strong record of driving operational improvements to support the business strategy.
  • Proven record in implementing lean manufacturing practices.
  • Deep experience in effective negotiations, procurement, contract law, MRP, and Lean manufacturing techniques and presentations.
  • Experience with Kanban, vendor managed inventory, and pull systems, within a fast-paced manufacturing environment.
  • Experience with ERP systems and strong data analytics skills.
  • Excellent communication and interpersonal skills. The ability to engage and drive a diverse team of employees. Ability to build and leverage relationships and networks across the organization.
  • Expert negotiator.
  • Exceptionally self-motivated and directed. Result oriented. Sets ambitious goals for personal and team accomplishment.
  • Superior analytical, evaluative, and problem-solving abilities.
  • Strong coach and mentor with the ability to hire, develop and retain a diverse pipeline of great talent.
  • Ability to facilitate and drive change within the department and organization.
Working Conditions:
  • Must have a desire to travel, both domestically and internationally, as required. Expect 10-20% travel.
Additional information

All your information will be kept confidential according to EEO guidelines.

ITW is an Equal Opportunity / Aff

We do not accept unsolicited resumes.

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,

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.

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