New Product Development Sourcing Manager

: : Illinois Tool Works (ITW) is a Fortune 200 diversified manufacturing company with seven decentralized business segments, which include the Food Equipment Group. The Warewash and Waste Division of ITW's Food Equipment Group, is seeking a Sourcing Manager specializing in new product development. This position will work from the ITW Hobart Technology Center, located about 20 minutes north of Dayton in Troy, OH. The Warewash and Waste Division produces Hobart, Stero, and Somat brand commercial dishwashers and waste equipment for use in hotels, casinos, restaurants, health care, cruise ships, schools and universities and retail. Summary: The Warewash Division is expanding its presence in existing served markets as well as new markets, which requires a Sourcing Manager to lead New Product Development engineering projects, along with providing day-to-day support for existing product lines. The successful candidate will lead, negotiate, and coordinate activities to source domestic and global vendors and suppliers, as well as identify initiatives that leverage purchasing scale, new technologies, technical competencies to enhance profitability and global competitiveness. Reporting to the Strategic Sourcing and Supply Chain Director, the successful candidate will be responsible for supporting sourcing requirements for new product development, from RFQ to SOP at production sites, as well as successful product launches. What you will do:

• Supplier selection and qualification to assure suppliers are meeting strategic, quality, supply continuity, technology, and commercial requirements.
• Engage suppliers early in the product development process to ensure their expertise is utilized effectively.
• Lead purchasing and supplier contract negotiations
• Design and implement methods for assessing contractual performance of major suppliers
• Collaborate with the Troy, Ohio Technical Center engineering team, the Global Engineering team, and cross-functional teams through successful launch of development projects
• Establish domestic and global key supplier relationships
• Support “Material Management Best Practices” at plant facilities to improve the materials flow from purchasing to shipping of finished goods
• Lead project teams including sourcing engineers, buyers, and materials specialists at various plant locations
• Partner with stakeholders, executive leaders and department heads to understand business needs
• Establish requirements, scope and criteria for sourcing projects
• Support the development of organizational processes to improve program execution, speed and effectiveness.

What we are looking for:

• Excellent negotiation and decision-making skills
• Expert knowledge of sourcing practices with proven results in the field
• Project management experience
• Cost Reduction and Efficiency
• Risk Mitigation for NPD
• Technical understanding of supply chain management and design engineering principles
• Relationship-building skills
• Ability to manage multiple concurrent projects and determine business priorities
• Ability to mentor and coach other team members
• Availability to travel as needed for work (approximately 20% of the time)

Education and experience:

• Bachelor's Degree in Business, Project Management, Supply Chain / Materials Management, Engineering or related field
• 7+ years of sourcing experience
• MS Office application proficiency
• Effective presentation and communication skills
• Successful track record in managing complex projects and budgets
• Ability to apply the ITW toolbox
• Understanding of contract law and MRP, preferred

ITW is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.