Illinois Tool Works

Sr. Strategic Sourcing Analyst, Electrical-Electronics

Illinois Tool Works$90K — $95K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Electrical Engineering or related science discipline, or Supply Chain-related field
  • 3+ years of experience in direct material sourcing, supply chain, engineering, or operations
  • Familiarity with commodity categories: Cables, Wire Harnesses, Electrical Components, etc.
  • Strong Excel and MS Office skills; Power BI experience is a plus
  • Willingness to travel as required
  • Ability to work onsite 5 days a week with flexible hours
  • Knowledge of Design for Manufacturing and VAVE is desired

Responsibilities

  • Lead complex, cross-segment sourcing initiatives
  • Drive cost optimization through shared supplier networks
  • Execute sourcing strategies and manage multi-segment sourcing events
  • Analyze and synthesize complex data from multiple ERP systems
  • Support negotiation strategies and assess supplier capabilities
  • Create comprehensive supplier quotation analyses for sourcing decisions
  • Capture and manage commodity market and supplier data

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Disability and life insurance programs
  • 401k plan with company match and employer contribution
  • Flexible Spending Accounts and Health Savings Accounts
  • Employee Assistance Program
  • Commuter benefits
  • Adoption Assistance
Full Job Description

Job Description:

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 purchasingand 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
  • General working knowledge of one or more of the following commodity categories is preferred: 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.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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