What are the responsibilities and job description for the Analyst – Strategic Sourcing, Chemicals position at ITW?
Job Description
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 Strategic Sourcing Analyst – Chemicals, or if experience is appropriate, can scale to Sr Analyst level, will support sourcing initiatives across ITW’s Global Chemicals Spend. This onsite role, based at the ITW headquarters in the Chicago suburbs, contributes to the development of enterprise‑wide sourcing strategies for critical cross‑segment chemical categories and defines actionable steps that deliver value to the business.
This role is an excellent career development opportunity for individuals with a science or engineering background who are interested in building skills in market research, sourcing strategy, and business analysis. The analyst will conduct broad market research and engage with the supply base, ranging from world‑class manufacturers to channel partners, across a variety of chemical commodities and derivatives. Responsibilities include assessing market price drivers and trends to support business sourcing priorities and participating in category strategy development.
Additional responsibilities include conducting risk mitigation assessments, performing cost modeling, supporting contract negotiations, and contributing to sustainability and supplier diversity efforts. Knowledge or experience in chemicals, chemical engineering, materials science & engineering, or polymer science will benefit the individual in this role.
Key Deliverables
The compensation package for the role offers a competitive base salary ranging from $76K - $88k 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, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.
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.
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 Strategic Sourcing Analyst – Chemicals, or if experience is appropriate, can scale to Sr Analyst level, will support sourcing initiatives across ITW’s Global Chemicals Spend. This onsite role, based at the ITW headquarters in the Chicago suburbs, contributes to the development of enterprise‑wide sourcing strategies for critical cross‑segment chemical categories and defines actionable steps that deliver value to the business.
This role is an excellent career development opportunity for individuals with a science or engineering background who are interested in building skills in market research, sourcing strategy, and business analysis. The analyst will conduct broad market research and engage with the supply base, ranging from world‑class manufacturers to channel partners, across a variety of chemical commodities and derivatives. Responsibilities include assessing market price drivers and trends to support business sourcing priorities and participating in category strategy development.
Additional responsibilities include conducting risk mitigation assessments, performing cost modeling, supporting contract negotiations, and contributing to sustainability and supplier diversity efforts. Knowledge or experience in chemicals, chemical engineering, materials science & engineering, or polymer science will benefit the individual in this role.
Key Deliverables
- 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
- 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.
The compensation package for the role offers a competitive base salary ranging from $76K - $88k 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, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.
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.
Salary : $76,000 - $88,000