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Strategic Sourcing Category Manager
3 months ago
Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 45,000 people with operations in 51 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, 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.
Job Description
The Category Manager – Packaging role is an influential position within ITW’s corporate sourcing function that will be responsible for the development and execution of commercially appropriate, sustainable, and diverse packaging solutions ($175M). Working as an individual contributor, this position is accountable for working with functional stakeholders across ITW’s North American business units with the intent to identify and leverage spend requirements to develop and execute high-performing category strategies achieving best-delivered cost, quality, service delivery, and value add/value engineered (“VA/VE”) innovations.
This candidate will provide subject matter expertise and guidance to deliver innovative packaging solutions in accordance with, and support of the commercial category strategies they develop.
Primary Objectives and Deliverables:
- Identify innovative packaging solutions across the Enterprise focusing on total cost of ownership modeling, sustainability, risk, and cost improvements
- Develop, lead, and execute category plan and sourcing strategy for Packaging and Packaging related goods and services
- Utilize the 7-Step Sourcing process to address all relevant category management activities and life-cycle requirements from business case initiation to category strategy execution to alteration of strategy where necessary
- Assemble, coordinate and lead cross-functional and functional stakeholder councils to properly vet, execute and secure continued performance of category management and sourcing strategies
- Analyze market dynamics to understand upstream cost drivers and their effect on cost and market capacity, and develop mitigation strategies where necessary
- Establish category KPI targets (cost, control, process efficiency) and supplier scorecard programs to quantify the performance and value return of category management strategies
- Establish benchmark measures at the start of the project and track success, including cycle times, lead times, savings, improved delivery and simplified processes
- Ability to lead and execute VA/VE programs specific to design-to-cost activities within the packaging segment across several technical competencies (i.e., light-weighting, etc.)
- Conduct and lead supplier business reviews in coordination, with ITW internal customers, against the defined KPIs and targeted business outcomes
- Bachelor’s degree in supply chain or business field required
- Minimum of 3 years of Sourcing or Supply Chain experience with a leading or influential capacity working in corrugated, rigid plastic, metal and glass containers, wood pallets and other products for protection
- Ability to travel an estimated 20-30% (max). When not traveling, be in the office full-time at the Glenview, IL corporate campus. Hours are flexible.
- Experience in leading cross-functional and/or global teams within a matrixed environment
- Knowledge of packaging cost driver dynamics and influencing market and technology trends
- Ability to design effective, fact-based business case justifications with the capacity to drive and steer group decisions
- Experience and a track record of success in delivering cradle-to-grave category management strategies for packaging programs: cost reduction targets, market benchmarking & cost modeling analytics to support budget forecasting, cost mitigation, and process improvement strategies
- Ability to establish organizational objectives and analyze relevant metrics
- Demonstrated ability to resolve complex process/systems problems
- Demonstrated project management skills, project planning, scheduling and tracking
- Experienced in creation, negotiation, and administration of contracts
- Proven ability to communicate and work effectively across many functional groups (i.e. Finance, Risk, Legal, Operations, Production)
- Strong negotiation skills, excellent written, and interpersonal communication skills
Additional Information
Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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.
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, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.
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.