European Sourcing Manager

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.45 billion in 2021. 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. To learn more about the company and the ITW Business Model, visit www.itw.com.

Automotive Aftermarket Europe, one of 80+ business units owned by of ITW, manufactures and supplies specialty and innovative chemicals for the automotive aftermarket. Automotive Aftermarket Europe manufacture products in Spain and Belgium, and commercialize around the globe serving markets in Europe, Middle East, Russia, Asia and Africa.

As European Sourcing Manager you will have responsibility for managing the sourcing activities for the entire Automotive Aftermarket Europe Division

RESPONSIBILITIES

Strategic Sourcing

• Prioritizes purchasing initiatives, establishes policies and objectives, and defines the company's key sourcing strategies

• Sets strategies related to vendor assessments and purchasing terms and conditions to help ensure products or services ordered are delivered on time at the best quality and value

• Establishes policies and methodologies for sourcing new products or services, approving vendors, and determining when products should be sourced to a single vendor or to multiple vendors to provide a stable and consistent supply.

• Collaborates with internal business partners to understand demand and supplier trends, and analyzes financial information related to total cost of ownership to support business strategy

• Look for opportunities to consolidate vendors and partner with colleagues to set purchasing standards to improve negotiations and reduce the total cost of ownership for products and services

• Analyses broad purchasing practices, evaluates quotes and performs cost/price and value analysis to select, recommend or develop alternative suppliers

• Act as point of contact for ITW Global Strategic Sourcing team and attend bi-weekly sourcing meeting and yearly sourcing conference

Team Management

• Leads, manages and develops a team of sourcing professionals in the different geographies to maximize delivery while boosting motivation and engagement

Supplier Management

• Oversees critical supplier relationship management and contract management processes to ensure terms are met.

• Negotiates with 80 suppliers on price, schedule, terms and conditions and any other contractual requirements.

• Creates supplier specific strategies and improvement initiatives while enlisting the work of other departments; maintains supplier's requisite programs to manage unanticipated demand spikes as needed; creates and manages lead-time reduction programs with key suppliers based on VMI, Kanban…

• Manages supplier performance during the performance period, including but not limited to follow-up on orders placed to verify delivery and/or resolve any contractual issues.

Reporting & Analytics

• Delivers purchasing budget, updated forecasts, and reports monthly variances, both increases driven by market and savings from sourcing actions.