Strategic Sourcing Manager
$110k - $140kIllinois Tool Works
Strategic Sourcing Manager
ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenue of $16.1 billion in 2023. The company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW's approximately 45,000 dedicated colleagues around the world thrive in the company's decentralized and entrepreneurial culture. ITW Medical, a division of ITW, is comprised of two highly respected brands- Coeur and Filtertek, supplying critical filtration and flow control solutions to global OEM's, serving Surgical, Infusion, Bioprocessing and Diagnostic Imaging end markets.
The Strategic Sourcing Manager reports to the Division Controller and is responsible for advancing supply chain excellence, eliminating constraints for the division and its customers, and supporting enterprise-wide sourcing and supply chain strategies.
The Strategic Sourcing Manager generates positive business results through a fit for purpose supply chain and its key elements: plan, procure, make and deliver. Considers and adapts to ever-changing market and business conditions to ensure a high level of service to end customers.
Primary responsibilities:
- Supply Chain Risk Identification & Mitigation
- Supplier & Contract Management
- Supply Chain Audits & Segmentation
- Vendor Performance & Lead Time Management
- Cost Management & Leverage
- Cross-Site Process Alignment
- Stakeholder Engagement
- Strategic Planning & Execution
- End-to-End Supply Chain Optimization
- Long-Lead Time & Strategic Material Management
- Continuous Improvement & Opportunity Discovery
Other responsibilities:
- Project Management
- Commodity market knowledge
- Data mining and analysis
- Business Acumen
Experience and Education Requirements:
- Bachelor's degree. Master's Degree, NAPM (APP, CPM) or APICS (CPIM, CIRM) certification preferred.
- Minimum 5 years of broad sourcing leadership experience, preferably in a manufacturing organization, across a multi-location or global business.
- Managed at least $30M+ in annualized spend in direct materials
- Strong track record of financial data analysis, budget planning, inventory management, driving procurement strategies and reducing overall material costs.
- Excellent verbal, written, interpersonal, communication and presentation skills with experience in communicating and working with a remote staff.
- Proven results in managing and developing talent.
- Willing to travel, primarily domestic, occasionally international.
Compensation Information:
This compensation range is provided as a reasonable estimate of the current salary range for this role. Compensation depends on relevant experience and/or education, specific skills, market level, other job-related factors, geographic location, and other factors as applicable by law. As applicable this role will also receive overtime compensation and may be eligible for shift premium compensation.
Pay Range: $110,000-140,000
Benefits for this role can be seen by visiting In addition, employees can qualify for vacation, sick, and holiday compensation benefits.
Vacation - up to 120 hours within first year
Sick - up to 40 hours of time within first year
Floating Holiday - up to 8 hours of time within first year
Holiday - 10 paid holidays per year, these holidays are selected by the Division
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.
$110k - $140k
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