Sourcing Analyst – Plastics

ITW•Glenview, IL

4d•$76,000 - $80,000•Onsite

About The Position

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 Plastics Strategic Sourcing Analyst supports ITW’s Strategic Sourcing organization in developing and executing sourcing initiatives that drive cost savings and deliver value across ITW’s enterprise-wide resins spend. This role plays a key part in managing one of ITW’s largest global spend categories and collaborates with cross-functional teams across multiple ITW divisions. The ideal candidate demonstrates solution-oriented thinking, strong analytical skills, project management discipline, and the ability to thrive in a decentralized environment. Key Skills & Attributes Motivated self-starter with natural curiosity and a desire to learn. High emotional intelligence with the ability to build trust and develop strong relationships. Creative, solution-oriented thinker capable of identifying key issues and generating practical, innovative solutions. Strong project management capabilities, including the ability to develop and execute detailed project plans with clear action items and accountability. Collaborative team player who leads effectively through influence rather than authority. Strong business acumen with the ability to build rapport and credibility with internal and external stakeholders. Effective communicator—both written and verbal—with strong listening skills. Skilled at mining, analyzing, and synthesizing data to generate meaningful insights. Comfortable making decisions in a decentralized environment, even with incomplete data. Detail-oriented with a commitment to producing high-quality deliverables. Able to prioritize effectively and manage multiple projects simultaneously.

Requirements

Bachelor’s degree from an accredited university or college. Preferably with a focus on Supply Chain, Business, or Chemical Engineering.
Minimally, having completed a relevant internship is required
Proficient in Microsoft Office applications, especially Excel, with working knowledge of intermediate functions and formulas.
Willingness to travel to ITW business locations, supplier sites, or industry events as needed (approximately 10–20%).
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.

Responsibilities

Support the development and implementation of sourcing strategies, primarily focused on resins.
Assist ITW divisions in achieving annual and long-range savings targets.
Support multi-sourcing initiatives and efforts to simplify the supply base and reduce supply chain complexity.
Manage ad hoc supply issues by helping divisions understand current scenarios and implementing creative, effective solutions.
Conduct supplier discovery efforts and manage RFx events from initiation through completion, ensuring accuracy, attention to detail, and consistent stakeholder communication.
Evaluate VA/VE opportunities and support strategic sourcing initiatives for innovative and emerging areas within the plastics industry.
Lead through influence, ensuring alignment with enterprise strategies while fostering collaboration in a decentralized culture.
Provide reporting and presentations related to project status, spend analysis, and market research as needed.
Analyze spend data to identify sourcing opportunities and optimize addressable spend.
Partner with internal stakeholders to improve data availability and accuracy, transforming data into actionable insights.
Conduct market trend analysis and research related to the plastics/resins industry, including market conditions, cost drivers, global supply base dynamics, and key industry terminology.
Develop commodity knowledge and supply base expertise.
Support the management of strategic supplier and market intelligence provider relationships.