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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Global Strategic Sourcing Manager

Procurement & SourcingConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • A bachelor's degree in business, supply chain management, materials management, engineering, or a related discipline, or 10+ years of relevant experience in Supply Chain, Materials Management, or a similar field.
  • More than five years of progressive experience in strategic sourcing, procurement, or supply chain within an industrial manufacturing environment.
  • Demonstrated 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, material requirements planning, 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, including Engineering, Operations, Quality, Finance, and New Product Development.
  • Communication and presentation skills, with the ability to build relationships, challenge constructively, and communicate clear recommendations to senior leadership and suppliers.
  • Ability to set priorities, manage multiple initiatives, and follow through to completion.
  • Proficiency in Microsoft Office and experience with ERP, sourcing, spend-analysis, and supplier-performance systems.

Responsibilities

  • Develop, implement, and continuously improve global sourcing processes, category strategies, and supplier strategies aligned with the division’s commercial, operational, and technology priorities; develop annual and long-range sourcing plans.
  • Build and maintain a pipeline of sourcing and productivity opportunities, identifying, managing, and delivering sustainable cost reductions, cost avoidance, and value improvement.
  • Lead global and regional tenders, supplier selection, qualification, and negotiations, including pricing, commercial terms, contracts, quality expectations, and supply commitments.
  • Use total-cost analysis, target costing, benchmarking, market intelligence, tariff impact, and competitive analysis to improve sourcing decisions and commercial outcomes.
  • Conduct global benchmarking of suppliers, products, technologies, and alternative solutions, together with make-or-buy, outsourcing, and low-cost-country sourcing assessments where appropriate.
  • Optimize the global supplier base and develop strategic supplier relationships that improve cost, quality, delivery, innovation, and responsiveness; establish and execute global supplier standards and governance.
  • Lead the division’s supplier risk and resilience strategy, identifying, assessing, and mitigating risks relating to capacity, financial health, geopolitical exposure, commodities, end of life, technology, and continuity of supply.
  • Ensure sourcing strategies balance competitive cost, material availability, inventory, quality, and operational resilience; work with materials teams on Kanban, vendor-managed inventory, and pull-system opportunities.
  • Provide market, commodity, and supplier intelligence to leadership and cross-functional teams, translating external developments into risks, opportunities, and recommended actions.
  • Partner with Engineering, Operations, and New Product Development teams from concept through commercialization, engaging suppliers early to optimize design, cost, quality, technology, manufacturability, phase-in/out, and supply continuity.
  • Align sourcing and supplier strategies with current and future product requirements, including component standardization, preferred technologies, and long-term supply roadmaps.
  • Coordinate cross-region and international sourcing projects, promoting standardized processes, common specifications, synergies, and leverage across the division and wider organization.
  • Ensure sourcing activities comply with company policies, procedures, ethical standards, and contractual requirements, while maintaining appropriate commercial and supplier documentation.
  • Maintain accurate supplier, spend, savings, and performance data; develop and monitor dashboards communicating project status, sourcing performance, risks, and results.
  • Provide sourcing leadership, coaching, and functional support to local procurement and materials teams, strengthening capability, consistency, and execution across the division.

Desired Qualifications

  • An MBA, advanced technical degree, or recognized purchasing qualification.
  • Experience in capital equipment, machinery, assembly, or electrical/electronic components.

About the Company

Illinois Tool Works

Global diversified manufacturer of industrial equipment

ITW is a global manufacturer with a diversified portfolio of industrial products across seven segments, including automotive components, food equipment, welding systems, and construction tools. Its products are engineered and produced for OEMs and industrial customers, combining specialized components to meet the needs of large buyers. The company stands out through its multi-segment reach, large global footprint, and a business model that prioritizes the top 20% of customers to drive profitability and operational excellence. ITW aims for steady profitability and efficient operations by delivering reliable, value-added solutions across multiple industries.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Glenview, IL
Founded
1912

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