Sourcing Manager

Company Description

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.

IDS, a division of ITW, is a global market leader in the design and manufacturing of pad printing, hot stamp, heat seal, and tax stamp technology for product decoration. Our brands provide equipment together with all required supplies and services to serve as a true single source solution for product decoration and sealing. Our division consists of four global brands with a shared mission – to be your trusted partner for product decoration.

As a key member of the Purchasing team, the Sourcing Manager will be responsible for establishing key domestic and global supplier relationships to drive supply chain continuous improvement initiatives. The selected individual will be responsible for all aspects of purchasing and supply chain management to operate efficiently and coherently with the business plan. Must be able to work in a fast paced highly engineered environment and work closely with Engineering, Production and Accounting.

Salary Range: $125,000.00-135,000.00

Job Description

RESPONSIBILITIES:

1. Conduct daily procurement functions to ensure timely delivery of both production and indirect materials to meet production schedules and customer demands, negotiate pricing and terms, and adhering to ITW Corporate metrics of maintaining appropriate MOH (Months of Hand) and grading reserves.
2. Work within Supplier Segmentation best practices to develop strong supplier relations, identify preferred suppliers and be involved in supplier performance monitoring
3. Play an integral role in inventory control management by reviewing quantity levels, doing daily transactions, cycle counting, investigating inventory discrepancies, coordinating physical inventories, and meeting annual objectives / metrics.
4. Actively involved in production scheduling, releasing Purchase Orders per customer and production demands, and working closely with department managers to monitor finished goods.
5. Provide Excellent customer service to internal customers from departments including but not limited to Customer Service, Sales & Service, Production and Engineering.
6. Ensure all orders confirmed by suppliers and agreed upon delivery dates are accurate in ERP system and ensure on-time delivery goals are met.
7. Maintain valid due dates in the purchasing database, files and planning reports. Expediting as required
8. Ensure that non-confirming product is processed and that dispositions are completed in a timely manner.
9. Lead vendor negotiations and contract set-up, pricing, terms, and delivery with suppliers
10. Resolve billing issues and supplier problems that may arise
11. Report problems that affect the production schedule to appropriate manager(s)
12. Maintain effective inventory levels to achieve month on hand (MOH), on-time delivery (OTD), and customer satisfaction. Adjust accordingly.
13. Maintain up to date SDS for all products on our T-Drive and master SDS book for associate’s reference. Make sure website is updated with new/revised SDS. Send copy of new and updated SDS to Infotrac for emergency phone contact.
14. Maintains focus on continuous improvement by applying 80/20, PLS, and USa principles/techniques and makes process improvement recommendations to management
15. All other duties as assigned

Qualifications

Education: 4-year bachelor’s degree – Materials Management, Logistics, Production Planning, Purchasing or equivalent. 

License(s)/Certifications(s): APICS CPIM or ISM CPSM certifications are a plus

Experience/Skills: 

1. 5 years’ experience in inventory control and purchasing, including specific experience in negotiating custom manufactured components, sourcing/buying commodity items preferred.
2. Preferable in a manufacturing organization across a multi-location or a global business
3. Excellent verbal and written communication skills
4. Ability to travel ( 25%)

Additional Information

Physical/Visual Activities or Demands: Physical/visual activities or demands that are commonly associated with the performance of the functions of this job.

1. While performing the duties of this job, the employee is frequently required to talk, hear, sit and type, occasionally twist/turn, reach above shoulder and outward, stand, walk, bend,
2. Must be able to lift up to 35 lbs occasionally
3. Specific vision abilities required by this job include concentrated attention, close vision, far vision, depth perception, color vision, and the ability to bring object into sharp focus. 

Certain job functions described herein may be subject to possible modification in accordance with applicable state and federal laws.

"Commonly associated" is not intended to mean always or only. There are different experiences that suggest other ways or circumstances where reasonable changes or accommodations are appropriate.

All activities, demands, conditions and requirements are linked to essential job functions.

As an Equal Opportunity/Affirmative Action Employer, ITW does not discriminate in hiring or in the terms and conditions of employment because of an individual's race, color, religion, gender, national origin, age, disability, sexual orientation, marital status, veteran status, arrest record, citizenship or other categories protected by federal, state or local laws. EOE/M/F/Vet/Disability

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.