Purchasing Manager

Apply Now Submit a Referral Job ID REF15074Q Date posted 11/05/2024 Address 1201 Saint Charles Street, Elgin, IL Job Type Full-time Job Status Exempt

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling more than $15 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. www.shakeproof.com.

ITW Shakeproof is a leading manufacturer with a proven history of creating innovative fastening solutions for automotive and industrial OEMs and their tier suppliers. Our diverse range of USA-manufactured products, including screws, pins, nuts, washers, stampings, and fastening systems, are designed to meet the specific needs of our customers and enhance safety, quality, productivity, and performance of their products. We are committed to executing our business strategy to deliver differentiated performance over the long term and firmly establishing ITW Shakeproof as one of the best-performing, highest-quality, and most respected fastening solutions.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

The role of Shakeproof’s Purchasing Manager requires a hands-on leader that can drive change in a fast-paced and ever-changing environment leveraging their strong interpersonal and negotiation skills. This role provides critical support to the Shakeproof Team and delivers cross-Plant purchasing and sourcing strategies to the larger Shakeproof division. The Purchasing Manager will also play a lead role in projects involving MRD, forecasting, maintain inventory, order material, issue purchase orders and will be instrumental in maintaining raw material at each manufacturing site. This role will lead and manage a small strategic sourcing and purchasing team.

Essential Responsibilities

• Develops and motivates core talent with the purchasing/supply chain group. Creates processes and systems that standardize and sustain purchasing practices in alignment with ITW models.
• Creates alignment of the team around those processes and systems. Assigns work as needed and directs flow within the department.
• Lead complex vendor negotiations, with raw material suppliers and processors, with best pricing and contract set-up
• Develop and manage a network of vendors and suppliers to ensure consistent supplies and competitive prices
• Ensuring MRD target setting, review, and exception reporting is completed and maintained
• Facilitate and maintain quotations for all products in a timely manner
• Optimize in-stock quantities and minimize and manage Slow and Obsolete inventory
• Managing inventory for Ramp Ups and Ramp Downs
• Reviewing and managing PPV (Purchase Price Variance) report
• Identifying and managing part expeditions
• Aligning with Production and internal customers to ensure planned production schedules can be accomplished
• Reviewing and adjusting suppliers on hand inventory commitments
• Keeps management and stakeholders updated on current projects and problems
• Support engineering team with APQP process for new business, product launches, PPAP expectations, and new innovations
• Provide cross-functional support by completing special assignments, perform data analysis and provide historical and future data
• Become an expert in the ITW Toolbox and proficient at conducting continuous improvement activities to improve Supply Chain processes
• Working relationship with ITW Corporate Strategic Sourcing Team to support various initiatives related to steel commodity
• Additional duties as assigned
  
  

Qualifications

The ideal candidate will have a solid materials background and be a hands-on supervisor who combines tactical and strategic thinking towards creation of a learning organization culture. Candidate must possess the following as indicated:

• Bachelor’s degree in operations/supply chain/business management.
• 5+ years’ experience in effective supplier management (i.e. negotiation, delivery, quality).
• Demonstrated experience in Manufacturing related Inventory Management and Purchasing
• Excellent leadership, interpersonal, and time management skills.
• Ability to manage cost savings and new product development projects.
• Experience in setting goals and performance management.
• Proven track record of cost savings and employee development results.
• Thorough knowledge of materials function and understanding of value propositions.
• Demonstrated competency in prioritization and analytical skills.
• Ability to multi-task and make critical business decisions based on established metrics and excel under pressure
• Excellent computer skills (Microsoft office package).
• Self-starter, collaborative, result oriented with high attention to detail
• Willingness, desire and capability to move into higher level functional leadership roles
  
  

ITW Shakeproof is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status, age, or any other characteristic protected by law.

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.

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