Analyst – Strategic Sourcing, Chemicals

ITWGlenview, IL
$76,000 - $88,000Onsite

About The Position

ITW is a global diversified manufacturer of specialized industrial equipment, consumables, and related service businesses with a history of over 100 years. The company focuses on developing innovative solutions in tandem with its customers and provides timely, cost-effective service. ITW's business model is built on proprietary 80/20 business process, customer-back innovation, and a decentralized entrepreneurial culture. The Strategic Sourcing Analyst – Chemicals, or potentially Sr Analyst depending on experience, will support sourcing initiatives for ITW’s Global Chemicals Spend. This onsite role, located at ITW headquarters in the Chicago suburbs, will contribute to developing enterprise-wide sourcing strategies for critical cross-segment chemical categories and define actionable steps to deliver business value. This position is an excellent career development opportunity for individuals with a science or engineering background interested in market research, sourcing strategy, and business analysis. The analyst will conduct market research, engage with suppliers (manufacturers and channel partners) across various chemical commodities and derivatives, assess market price drivers and trends, and support business sourcing priorities. Responsibilities also include risk mitigation assessments, cost modeling, contract negotiation support, and contributions to sustainability and supplier diversity efforts. Knowledge or experience in chemicals, chemical engineering, materials science & engineering, or polymer science is beneficial.

Requirements

  • A bachelor’s degree specifically in either Chemistry, Chemical Engineering, Materials Science & Engineering, or Polymer Science is required.
  • 1-3 years of relevant experience
  • Strong data analysis capabilities using Excel, Power BI, and other relevant software systems
  • Willingness to travel up to 20%
  • Excellent verbal, written, interpersonal, communication, and presentation skills
  • Strong project management, analytical, and problem-solving skills
  • Technical inclination and intellectual curiosity
  • Ability to work 5 days a week onsite in the office at the Glenview, IL corporate campus with flexibility in hours.
  • 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.

Nice To Haves

  • Knowledge or experience in chemicals, chemical engineering, materials science & engineering, or polymer science will benefit the individual in this role.

Responsibilities

  • Project Execution & Strategy Implementation
  • Chemical category and market assessment
  • Accurate Category Taxonomies
  • Manage Request for Quote (RFQ)/ competitive bidding process
  • Contract Negotiation
  • Market Trend and Pricing Analysis

Benefits

  • medical, dental, vision, disability and life insurance programs
  • 401k plan with both a company match and additional employer contribution
  • Flexible Spending Accounts
  • Health Savings Accounts
  • Employee Assistance Program
  • Commuter benefits
  • Adoption Assistance
  • Educational Assistance
  • Parental Leave
  • vacation, sick time
  • 11 Paid Holidays
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