Senior Strategic Sourcing Analyst

Job Description:

Since its 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. We place a high premium on developing innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for our innovative products.

ITW’s differentiated business model comprises unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.

ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. and employs ~44,000 people operating in 51 countries. Our headquarters are in Glenview, IL. include a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

The Senior Strategic Sourcing Analyst – Electrical & Electronics plays a critical leadership role in shaping and executing enterprise-wide sourcing strategies for ITW. This position partners closely with the Electrical & Electronics Category Team and supports the Electromechanical Category to identify opportunities, drive cost optimization, and deliver measurable value across multiple ITW segments.

In this high-impact role, you will lead and support complex, cross-segment sourcing initiatives—leveraging shared supplier networks and data-driven insights to unlock sustainable savings and strategic advantage. You will be accountable for delivering key outcomes, including cost savings, sourcing strategy execution, and successful multi-segment sourcing events that create enterprise-wide impact.

This role requires strong self-management and ownership, with the ability to support negotiation strategies, apply advanced sourcing techniques such as value engineering, and assess supplier capabilities to drive performance improvements. Drawing on purchasing and operational experience, you will ensure sourcing strategies are both practical and scalable.

Additionally, this role serves as a key resource for analyzing and synthesizing complex data across multiple ERP systems and market intelligence sources, using tools such as Excel to transform fragmented information into cohesive, actionable sourcing strategies. Your ability to connect data to business outcomes will directly inform supplier decisions, negotiation approaches, and long-term category planning.

What Makes this a Great Opportunity:

• ITW offers a strong culture, based on integrity and trust, operating under the highest ethical standards

• Opportunity to work with various levels in the organization, and to communicate ideas and concepts to drive and influence organizational change

• This is a strategic role within the organization that could lead to significant growth and responsibility

• The individual will be exposed to highly diversified businesses in a wide spectrum of industries

Key Deliverables:

• Data Mining and Analytics

  • Analyze internal and external datasets to identify cost savings opportunities, supply risks, and data anomalies, and effectively communicate insights and recommendations to key stakeholders

  • Validate and resolve data discrepancies to ensure accuracy of sourcing decisions

  • Provide comprehensive analysis to support strategic sourcing solutions

  • Create and maintain datasets as appropriate

  • Utilize third-party tools to drive data-cleansing and standardization

• Strategic Sourcing & Supplier Management

  • Support development and execution of global sourcing strategies

  • Drive supplier segmentation and consolidate spend with preferred suppliers

  • Where appropriate, protect ITW’s long-term interest with formal contracts or agreements between ITW and its suppliers.

  • Support ITW’s organic growth goals by engaging with engineering and innovation teams in NPD projects on a regular basis globally.

• Coordinate RFQ’s to drive cost savings

  • Create a comprehensive analysis of supplier quotations to aid in the sourcing selection process

  • Work with ITW divisions to obtain and validate commodity sourcing requirements

  • Work with the supply base to ensure a timely and efficient RFQ process

• Market Analysis

  • Capture commodity market data and create comprehensive market and supplier summaries that will aid in sourcing strategies.

  • Manage various risks (lifecycle, lead time/availability, sole sourcing, financial, supplier selection, warranty, etc.).  Track commodity shortages, price increases, Force Majeures, and other events to ensure supply continuity.

Qualifications and Experience Requirements:

• Bachelor’s degree is required, preferably in Electrical Engineering or a Bachelor’s degree in a science-based discipline or a Supply Chain-related field

• Minimum of 3 years of work experience in direct material sourcing, supply chain, engineering, or operations capacity is required

• Professional or educational knowledge of one or more of the following commodity categories is required: Cables, Wire Harnesses, Electrical Components, PCBA’s, Electronic Components, and Various Electromechanical Components.

• Ability to work 5 days a week onsite at the Glenview, IL corporate campus with flexibility in hours

• Knowledge and experience in Design for Manufacturing and VAVE are desired

• Advanced skills in Excel and MS Office

• Power BI experience is a plus

• Willingness to travel as needed

* ITW's Corporate Sourcing Team is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status.

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $90k - $95k annually.

ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.

In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability, and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, and Adoption Assistance.

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.